WHY ATTEND THIS COURSE?
Even though churches are tax exempt and generally pay no income tax, churches are not outside the reach of the IRS. Churches are responsible for correctly reporting payroll, understanding the rules for charitable contributions, recognizing unrelated business income, and filing the appropriate returns. The tax rules for ministers are complex and often controversial. In order for ministers to file accurate and complete tax returns, an understanding of these rules is necessary.
CPAs in public practice or serving as church treasurers or financial administrators.
Participants will be able to:
COURSE ACRONYM: CMT
PRESENTATION METHOD: Group-live
LEVEL OF KNOWLEDGE: Basic
ADVANCE PREPARATION: None
FIELD OF STUDY: Taxes
RECOMMENDED CPE CREDIT: 8 hours
SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.