Form 1099-MISC & 1099-NEC Information
Read the details about who should be issued a Form 1099 and why.
Form 1099-NEC: Reporting Payments to Independent Contractors
Details on who should be issued a Form 1099 and why.
Structuring Compensation and Reimbursements for Church Employees
Helpful guidance on structuring your compensation for the best income tax benefits.
Saver’s Tax Credit
The IRS Retirement Savings Contributions Credit rewards eligible taxpayers who save through a qualified workplace plan or a traditional or Roth IRA.
Utilizing Trusts in Estate Planning
Setting up a trust can offer significant benefits like avoiding probate, protecting loved ones, and supporting ministry causes. Trusts are accessible to people at all income levels and offer more privacy and control than wills, with specialized options for charitable giving and special needs care.
Can Ministers Opt Out of Social Security?
Informational sheet explaining the best way to handle Social Security as a minister.
Utilizing Trusts in Estate Planning
Utilizing Trusts in Estate Planning Introduction As a Christian pastor or ministry leader, your life is dedicated to serving others, fulfilling God’s calling, and building the Kingdom. But amidst this important work, it’s easy to put off planning for the future—especially when it comes to securing your financial legacy and ensuring that your estate is […]
Tax Considerations for Ministers Receiving 1099-NEC Income
Consulting with an experienced tax professional is always a prudent choice. Servant Solutions specializes in retirement and financial planning to support ministers and other servants of the Church in their calling to share the gospel of Jesus Christ. In our work, we address a variety of relevant issues related to regulatory aspects of our retirement […]