Solomon Tax LLC
321-750-6774
Tax agency for churches/pastors/individuals/businesses in the Americas
-Quality service and customer satisfaction are our mission-
OUR PRACTICE
The only Tax Preparers one in US
Specializing in churches and pastors for Koreans
Solomon Tax Accounting is the only Korean tax accounting firm in the United States that specializes in helping churches and pastors with tax-related matters.
We support missionaries who are scattered around the world and serve with U.S. citizenship and permanent resident status.
We also handle tax affairs for individuals and businesses.
We help you with foreign asset reporting (FATCA, FBAR).
ABOUT US
Kim Dong-eun, Tax Accountant, EA
Accounting (University of Central Florida)
I will help you with 18 years of experience as a tax accountant specializing in pastoral care!
![IMG_20210321_4[17480]-Edit02.jpg](https://static.wixstatic.com/media/d18c31_643200b30ab24315b1a77a51887b9c7d~mv2.jpg/v1/fill/w_57,h_65,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_avif,quality_auto/IMG_20210321_4%5B17480%5D-%ED%8E%B8%EC%A7%9102.jpg)
Hanbokman Tax Accountant, EA
Daejeon Baptist Theological University, Southwest Baptist University,
Gateway Seminary, Midwestern Baptist Theological Seminary
I will help you with the heart of a pastor!
Tax Filing
In the United States, clergy are employees for income tax purposes, but are self-employed for Social Security and Medicare tax purposes, and have dual status. Reporting clergy as employees or self-employed is not in compliance with IRS Publication 517. Trust Solomon Tax Accounting, who has specialized in clergy tax reporting for 15 years!
We also prepare tax returns for individual taxpayers and small businesses.
WE OFFER
Church Payroll
The IRS requires that W-2s be issued to staff, accompanists, conductors, teachers, Korean school teachers, and administrators who receive more than $400 in salary in a year. W-2s must also be issued to pastors who are both employees and self-employed for tax purposes. However, since the payroll method for pastors is different from that of ordinary people, churches should not pay their senior pastors or ordained ministers as ordinary employees. If you leave it to Solomon Tax Accounting , we will pay you according to IRS regulations!
We also help with payroll for small businesses.
TaxPlanning
The way pastors pay taxes is also different from the general public. While the general public pays taxes through Payroll Services, pastors basically have to pay income tax, social security tax, and Medicare tax every quarter through 1040 ES. Since pastors have to pay social security tax and Medicare tax as self-employed individuals, they have to pay 15.3% on their own. In order to reduce the financial burden due to taxes, you need to make a good financial plan. Solomon Tax Accounting can help you!
