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Clergy Financial Resources
9653 Trillium Court North | Champlin, 55316
More information about Clergy Financial Resources
Clergy Financial Resources was founded in 1980 and is the only accounting and finance organization serving churches and clergy in 50 states. We are dedicated to meeting the unique tax and finance needs of today’s religious professional and their church. Without even knowing it, you may be losing out on the best tax filing strategies. We will sort out the questions and simplify your tax return and do all the tedious work that eats up your valuable time. Ministers are treated differently under the tax code than anyone else in the country and have advantages and disadvantages. Our goals and objectives are to teach some basic principles and techniques to provide technical guidance, to determine the eligible tax deductions and benefits that you are not utilizing at this time and to help reduce and minimize your tax liability. Selecting an accounting firm 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 you in selecting an accounting firm is finding someone who is truly qualified in clergy tax law. Knowledge and experience in clergy tax law are critical. Secular accounting firms may be great with for-profit businesses. However, they do not provide any guidance and adequate knowledge relating to clergy compensation, PARP, pension accounts, clergy W-2 forms, etc. A basic accounting firm only knows what you tell them. If their office personal or contact person does not have an accurate and up-to-date knowledge of standard tax law and clergy tax law as it specifically affects individual situations, your tax return can become nothing more than an exercise in wrongdoing. 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. As trusted advisors, we can work as partners offering valuable advice for all their tax needs. Along with a tradition of serving clergy with competence, integrity, and objectivity, our clergy tax professionals possess up-to-the-minute skills and training needed to translate increasingly complex information into information critical to making informed decisions.Clergy Financial Resources Champlin address and phone
Last update:
2023-09-18 07:30:23
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Clergy Financial Resources
Clergy Financial Resources was founded in 1980 and is the only accounting and finance organization...