| |
| |
| Recent Developments | |
| |
| |
| Form 1040-Line by Line | |
| |
| |
| |
| Taxes for Ministers | |
| |
| |
| Ministers serving local churches | |
| |
| |
| Evangelists and missionaries | |
| |
| |
| Members of religious orders | |
| |
| |
| Ministers in denominational service, on church assignment, and other service | |
| |
| |
| Ministers ordained, licensed, or commissioned by a local church | |
| |
| |
| Individuals not qualifying for ministerial tax treatment | |
| |
| |
| Social security status of ministers | |
| |
| |
| Income tax status of ministers | |
| |
| |
| Importance of the employee vs. self-employed decision | |
| |
| |
| Recommended filing status | |
| |
| |
| |
| Compensation Planning | |
| |
| |
| Determine the current compensation | |
| |
| |
| Plan the compensation package | |
| |
| |
| Use fringe benefits wisely | |
| |
| |
| Use accountable expense reimbursements | |
| |
| |
| |
| The Pay Package | |
| |
| |
| Delaying a portion of your pay | |
| |
| |
| When do the discrimination rules apply? | |
| |
| |
| Tax treatment of compensation elements | |
| |
| |
| Reporting compensation, fringe benefits, and reimbursements | |
| |
| |
| |
| Housing Allowance | |
| |
| |
| Types of housing arrangements | |
| |
| |
| Structuring the housing allowance | |
| |
| |
| Reporting the housing allowance to the minister | |
| |
| |
| Accounting for the housing allowance | |
| |
| |
| Other housing allowance issues | |
| |
| |
| Housing allowance worksheets | |
| |
| |
| |
| Business Expenses | |
| |
| |
| Accountable and nonaccountable expense reimbursement plans | |
| |
| |
| Substantiating and reporting business expenses | |
| |
| |
| Travel and transportation expenses | |
| |
| |
| Auto expense deductions | |
| |
| |
| Home-office rules | |
| |
| |
| Other business and professional expenses | |
| |
| |
| Allocation of business expenses | |
| |
| |
| |
| Retirement and Social Security | |
| |
| |
| Preparing for retirement | |
| |
| |
| The keys to social security | |
| |
| |
| Taking out your retirement money | |
| |
| |
| The two social security systems | |
| |
| |
| Computing the self-employment tax | |
| |
| |
| Both spouses are ministers | |
| |
| |
| Self-employment tax deductions | |
| |
| |
| Use of voluntary withholding agreement to pay social security taxes | |
| |
| |
| Opting out of social security | |
| |
| |
| Working after you retire | |
| |
| |
| Canada Pension Plan | |
| |
| |
| |
| Paying Your Taxes | |
| |
| |
| Tax withholding | |
| |
| |
| Estimated tax | |
| |
| |
| Excess social security withheld (FICA) | |
| |
| |
| Earned income credit | |
| |
| |
| Extension of time to file | |
| |
| |
| Extension of time to pay | |
| |
| |
| Offers in compromise | |
| |
| |
| Filing an amended tax return | |
| |
| |
| Sample Returns | |
| |
| |
| |
| Minister-employee for income tax purposes (accountable plan) | |
| |
| |
| |
| Minister-employee for income tax purposes (nonaccountable plan) | |
| |
| |
| Citations | |
| |
| |
| Index | |