IMPORTANT UPDATE: This video mentions strategic 1099 arrangements with the pastor’s church for non-ministerial duties as a potential way to access expense deduction capabilities from church income. However, this strategy is NOT recommended as it puts pastors at increased audit risk and could lead to potential reclassification, back taxes, and/or penalties. Schedule C deductions can be used for independent ministerial work such as weddings and funerals.🔥 PASTORS: Are you overpaying on taxes? 🔥Most ministers don't realize they're paying 15.3% SECA tax on ALL their income—including housing allowance. That's $9,180 in taxes on a $60K salary! 😳But here's what 40% of churches get WRONG: They set up 401(k) plans instead of 403(b)s, costing their pastors THOUSANDS in potential savings every year.The good news? There are 3 proven strategies that can save ministers $1,500-4,000+ annually in self-employment taxes:✅ Strategic 403(b) contributions (exclusive benefit secular employees can't get!)✅ Business expense deductions on Schedule C income✅ Self-employment tax deductions (automatic but limited)💡 DOWNLOAD THE TAX PROFESSIONAL INTERVIEW GUIDE: https://www.shepherdswallet.com/tax-interview-guide🔗 FULL ARTICLE: https://www.shepherdswallet.com/blog/minister-seca-tax-reduction-guide📖 BOOK PRE-ORDER: "Shepherding Your Finances" launches Spring 2026https://www.shepherdingyourfinances.com/💬 JOIN OUR COMMUNITY:For ongoing support and exclusive content: https://www.shepherdswallet.com/join📅 COACHING PROGRAMS:- Quick Start Session: $550- Intensive Coaching: $2,750 (6 sessions)Details: https://www.shepherdswallet.com/coachingThis content is for educational purposes only and should not be considered personalized tax or legal advice. Tax laws are complex and individual situations vary. Please consult with qualified professionals for advice specific to your situation.