TechSoup is going to conduct a webinar on QuickBooks for Houses of Worship: Understanding Pastor Payroll. One of the most confusing parts of running any business is handling payroll. For a house of worship, the confusion is magnified when pastors are involved. Suddenly, in addition to your standard employees, you’re dealing with “dual status” employees and housing allowances. In this webinar, we are going to cover:
- Similarities and differences between pastors and standard employees
- The definition and qualifications of a “dual status” employee
- How to report pastor compensation to the IRS
- Best practices for determining, paying, and reporting housing allowances
- Typical concerns and misconceptions about withholding taxes