2014 Financial Workshop for Clergy
Designed for rostered leaders, spouses, and church treasurers
February 7, 2014
This workshop will focus on financial information for clergy as well as a discussion about stewardship opportunities for sharing the Wartburg Theological Seminary story. Clergy are treated differently under the tax code than virtually anybody else in the country. They have advantages and disadvantages that no one else has. Often, confusion exists concerning clergy compensation, deductions, and expenses. Topics include: What's New for 2014, Building your 2014 Salary Package, Employed vs. Self-Employed, Taxable Income, Income vs. Benefits, Housing/Appurtenance, Deduction vs. Exclusion, Accountable Reimbursement Plans, Allowance vs. Reimbursement, Professional Expenses, Social Security Tax, Record Keeping, Housing Equity Plans, and Fringe Benefit Plans. This workshop is designed for rostered leaders, spouses, and church treasurers.