To help church staff and church lay leaders understand and comply with the tax laws, a Church and Clergy Tax Webinar sponsored by the BGAV will be held via Zoom on February 20, 2025, from 9:30 a.m. - 12:00 p.m.. Your registration includes both the live webinar and a link to the recording.

This webinar is designed for church staff and lay leaders who handle taxes and compensation. Attendees will get help with tax implications of compensation planning for church staff (including retirement and insurance), handling minister’s taxes, and federal reporting requirements for churches. BGAV's church finance specialist, Jeff Cranford, will lead.

What topics will be covered?

· The personal income of ministers—salary, housing allowance, S.S. offset.

· Accountable Reimbursement Plans

· Health Insurance

· Group Term Life Insurance

· Disability Insurance

· Other benefits such as dental, vision, LTC, etc. as Nontaxed or Pre-tax benefits

· Retirement Plans

· Complying with federal payroll tax reporting obligations

· Form W-2

· Form 941 Employer’s Quarterly Federal Tax Return

· Form 944 Employer’s Annual Federal Tax Return

· 1099 MISC

· Charitable Contribution Reporting

· The Church’s Tax-Exempt Status as a 501(c)(3) Organization

· VA Retail Sales and Use Tax

This webinar will be held via Zoom, and a recording of the presentation is included with your registration. The Zoom and recording links are for personal use only and cannot be shared with others.

Cost:

· $25 for Member of BGAV Church

· $50 for Member of Non-BGAV Church