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Platinum
- Complete Articles of Incorporation for your Church or Ministry
- Obtain your Church or Ministry’s Federal Identification Number
- Prepare IRS approved Bylaws for your Church or Ministry
- Prepare all documents necessary to protect your Church or Ministry Against Same-Sex Marriage
- Obtain your Church or Ministry’s 501(c)(3) Tax Exempt Recognition by Filing Application 1023
- Prepare all Board Resolutions to including:
- Election of Church or Ministry’s Officers
- Qualified Reimbursement Plan and 66 Items that are Reimbursable
- Housing Allowance Requests, Authorizations, and Certifications
- Medical Reimbursement Plan
- Scholarship and Fellowship Plan
- Credit Card Policy
- Obtain State Sales Tax Exemption (where applicable)
- Prepare Church or Ministry’s Policy and Procedure Manual
- Prepare Red Flag Rules for Identity Protection
- Prepare Child Protection Policy and Procedure Manual
- Complete Pastor Compensation Analysis
- Set-up Pastor Love Offerings Legally
- Establish Fringe Benefits for Pastor
Gold
- Complete Articles of Incorporation for your Church or Ministry
- Obtain your Church or Ministry’s Federal Identification Number
- Prepare IRS approved Bylaws for your Church or Ministry
- Prepare all Documents Necessary to Protect your Church or Ministry Against Same-Sex Marriage
- Obtain your Church or Ministry’s 501(c)(3) Tax Exempt Recognition by Filing Application 1023
- Complete Pastor Compensation Analysis
- Set-up Pastor Love Offerings Legally
- Establish Fringe Benefits for Pastor
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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.