Church Bookkeeping

Monthly Bookkeeping and Compliance

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Our monthly bookkeeping and compliance service allows you to simply deposit your money into the bank and pay your bills. We will prepare the following:

Income Journals
Disbursement Journals
General Ledgers
Payroll Journals
Statements of Financial Position
Revenue & Expense Statements

Not only will you be assured that your financial statements are being prepared accurately according to General Accepted Accounting Principle, you can be at peace that you will be in 100% compliance with all IRS and state requirements governing 501(c)(3) tax exempt organizations.
Our team will prepare all required filings, including:

Forms 941s
Forms W-2
Forms W-3
Forms 1099s
Form 1096
Any Additional Required Form

***All this for as little as $150 a month.

Payroll

With our specialized payroll processing services, our team will:

Prepare your employee’s paychecks
Calculate the required tax withholdings
Remit tax withholdings to the IRS, state and another agency required
Direct Deposit paychecks into the employee’s bank account

Never again will you be burdened with penalties for late payment of payroll taxes. Our specialized payroll service does not require any input from you. Once we have all the necessary pay information for each employee, we can generate your payroll for each pay period without any additional effort on your part.

***All this for as little as $100 a month.

MINISTER & CLERGY
COMPENSATION AND TAXES

Compensation Plans

Our team of compliance specialists, tax accountants, certified tax preparers and compensation specialists can be at your disposal. We assist thousands of pastors and clergy with every aspect of compensation analysis and tax planning. From setting up the pastor’s compensation package, including housing allowance, and tax free fringe benefits, to establishing a system to provide love offerings to the pastor legally, our team is devoted to ensure that you, as a pastor, are compensated fairly.

Retirement Plans

Not only do we set-up the compensation package, our tax specialists will ensure that you never pay any more in taxes than you have to. We will provide all necessary legal documents for Housing Allowance, Ministry Reimbursements, Medical Reimbursements/Plans, and Retirement Plan options. Not sure what type of retirement is for you, our team can discuss all the various options including TSAs, 403(b)s, Deferred Compensation Trust Agreements, and Rabbi Trust Agreements. Once we have determined the plan right for you, we have partners that can actually create those retirement accounts and manage your portfolio.

Written Wills

Do you have a will? Most pastors do not. Our legal team can assist with all aspects of estate planning, including Living Wills, and Last Will and Testaments. In conjunction with our tax accountants, we will ensure that your estate will be sheltered from taxation to the best of the law. If you were to pass, who would take care of your spouse? We can assist with Salary Continuation Plans, and other spousal benefits to help take care of your spouse upon your passing.