Sponsored by Eder Financial
Do W-2s and 1099s confuse you? What's the difference between an employee and an independent contractor—and why does it matter? Finally figure out what your minister's designated housing exclusion is all about! You'll learn how to use that designated housing exclusion, employee pension contributions, and health insurance to lower your minister's taxable income, and the importance of setting up an accountable reimbursement plan for your minister's business expenses. Finally, Deb will share a few tips on how to double check the W-2 to make sure it was prepared correctly.