2024 IRS Compensation Reporting for Churches and Ministries

Are you up to date on IRS compensation reporting rules to complete necessary forms for the IRS?

In our next webinar, we will provide detailed explanation to help you report compensation to the IRS on both Form W-2 and Form 1099-NEC. As part of this webinar, we will also highlight major changes in the laws that impact what needs to be reported.  We will explain:

• Filing requirements and deadlines
• What should be included or excluded as wages, including love gifts and noncash compensation
• Taxable vs tax-exempt fringe benefit reporting
• How reporting for clergy differs from lay employees
• How to report retirement plan and HSA contributions

This 1 hour webinar will be Wednesday December 18, 2024 at 1pm. To register for the webinar, click on this link. The webinar is free. If you want to see this webinar but are unable to attend the live event, please register and we will send you a link of the recorded webinar afterwards for you to view at your convenience.

Note: CPE credit is available for those who attend the live webinar. CPE codes are to be submitted within 1 week of the presentation.

Webinar CPE info:

• Prerequisites and Preparation: None
• Designed for ministry managers and boards to provide a basic understanding of the IRS regulations.
• Recommended CPE credit 1 hour
• Format: Live webinar presentation