Make sure your church is in compliance with current payroll laws. Clergy Financial Resources payrolls service now includes a “year-to-date” payroll audit. During our audit, we will review each employee’s compensation to to ensure that everyone is being paid in accordance to Federal tax laws.
Clergy Financial Resources is the leading payroll provider for churches. We offers an easy online payroll management service for churches with 1 employee to 200 employees that specifically meets the requirements of religious organizations.
Selecting a payroll company may seem easy at first. However, a closer look at the effort, cost, liabilities, education, and ongoing training reveals some potential challenges. The greatest challenge for the church in selecting a payroll company is finding someone who is truly qualified in clergy tax law. Knowledge and experience in clergy tax law are critical. Large payroll companies may be great with payrolls of large secular businesses. However, they only provide payroll service and do not provide any guidance and adequate knowledge relating to clergy compensation, PARP, pension accounts, clergy W-2 forms, etc. A secular payroll company only knows what you tell them. If your payroll contact person does not have an accurate and up-to-date knowledge of standard tax law and clergy tax law, your payroll can become nothing more than an exercise in wrongdoing. In 2011, 60% of clergy W-2 forms were issued in error by churches and payroll companies. Ministry leaders must understand these challenges and recognize the need for industry specialists.
To learn more about Clergy Financial Resources payroll service please visit our website.
Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.
This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.
For more information or if you need additional assistance, please use the contact information below.
Clergy Financial Resources
11214 86th Avenue N.
Maple Grove, MN 55369
Tel: (763) 425-8778
Fax: (888) 876-5101