Optimum Advantage Plan services include:
- Preparation of one Individual Federal and State tax return(s) (if required).
- Four hours of Tax Advisor’s time to respond to phone calls and emails during the year, tax planning issues and opportunities for the current year (maximum of four hours). *Note: Consultations are not scheduled during active tax season (February through April).
- Review of Client’s prior year’s Individual tax return.
- An Amendment of the reviewed year’s Individual returns if we deem it necessary.
- Review of Client’s current year’s Housing Allowance arrangement.
- Electronic filing and extension preparation and filing upon written Request, if required.
- Consultation with a partnering Financial Advisor specializing in retirement investment strategies for ministry professionals
- Four hours of Tax Advisor’s time to respond to phone calls and emails during the year, tax planning issues and opportunities for the current year (maximum of four hours). *Note: Consultations are not scheduled during active tax season (February through April).
- Review and response to Letters and Notices from Tax Authorities.
- Audit Representation for pre-audit work, documentation and audit representation before the Internal Revenue Service for returns prepared by Clergy Advantage® under current subscription.
- Retirement and financial planning with our Financial Department at no charge.
- Access to all Clergy Advantage®. proprietary financial and tax planning videos/resources
- Clergy Advantage® Newsletter and Tax-Tips and Updates.
Fee
The Clergy Advantage® fee for client’s one-year subscription to the Optimum Advantage Plan is $107.00 per month for Client’s with a typical tax return filing. Clergy Advantage® reserves the right to define a non-typical tax return including; returns having Non-Minister Schedule C businesses, Partnerships, S Corporations, numerous Stock Transactions, Rental Properties, Multiple State returns required and any other non-typical reporting requirements. For more details about particular situations consult with an advisor.
Exclusions
Internal Revenue Service or State audit representation for tax returns not prepared by Clergy Advantage® or tax returns not prepared while under current subscription plan.