Tax Planning for Servants of God

摘要

With today's complex and ever-changing rules, annual tax planning is increasingly important for all taxpayers. However, it's especially important for members of the clergy because of three unique rules that apply to the income and Social Security taxes they pay: the housing exemption allowance, the treatment of employee clergy as self-employed for Social Security tax purposes and the exemption from withholding income tax from wages (but not from paying income tax on wages). This article discusses tax-planning opportunities for clergy that CPAs in public practice need to know to best counsel this special group of clients.