Description
2024 Specialty Business Certificate Program - LIVE:
Avoiding Common Accounting & Tax Mistakes when Serving Houses of Worship & Clergy
IRS Program #: X9QQU-T-01150-24-O
CTEC #: 6257-CE-0310
CE: 2 IRS & 2 CTEC credits
Speaker: Ericka S. Williams, EA, NTPI Fellow
In this course, we'll dig deep into client advisory and tax opportunities for accounting professionals who want to serve the vertical market of Houses of Worship (HOW). You'll gain valuable insights and hear fresh ideas and opportunities as we look at HOW from both sides of the pulpit. We will be uncovering common accounting misconceptions, and from the vantage point of the House of Worship as well as often-overlooked tax strategies from the Clergy's perspective
Learning objectives:
- Find, communicate and eradicate common misconceptions and mistakes make by HOW's and the Clergy
- Understand the payroll and housing allowance, implications as it relates to tax preparation for Clergy
- Review a case, study of a ministers tax return and apply all of their specialized tax laws to the ministers tax situation
- Immediately implement new advisory service offerings to houses of worship as well as tax strategies for the individual Clergy