Ministry in Context

Intern income taxes

Pastors work in a complex financial situation. Their salary is frequently public and is approved as part of the church budget process. In addition, they have a unique standing before the IRS, both as common law employees and as self-employed for Social Security purposes. The complexities that result are often not well understood by pastors or their tax advisors, and there are specialists in the tax preparation industry who work solely with clergy.

But student interns are not yet clergy! It is important

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Your biggest mistake

My friend Jack was an engineer for a major firm in the aeronautical field, and no slouch at that. He was one of the designers of the original lunar landing module. Later he was involved with the design of a massive maintenance facility for the Saudi Arabian Air Force. Jack and his colleagues put in massive amounts of time planning for the facility, and traveling back and forth to the Middle East. The process took years, with no final commitments and no final results.

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