TCMA financial seminar hosted by Campbellsville University

12/12/2013

The Rev. Sid Dye, owner of Religious Workers of America Tax Service, was the featured speaker at the December meeting of the Taylor County Ministerial Association (TCMA) hosted by Campbellsville University. (CU photo by Linda Waggener).

The Rev. Sid Dye, owner of Religious Workers of America Tax Service, was the featured speaker at the December meeting of the Taylor County Ministerial Association (TCMA) hosted by Campbellsville University. (CU photo by Linda Waggener).

 

Dec. 9, 2013
For Immediate Release

 

 

By Linda Waggener, marketing and media relations coordinator

CAMPBELLSVILLE, Ky. - The Taylor County Ministerial Association (TCMA) December meeting included a financial seminar by the Rev. Sid Dye, owner of Religious Workers of America Tax Service. This final meeting of the year, held in the Chowning Executive Dining Room in Winters Dining Hall at Campbellsville University, was opened by the Rev. Michael Caldwell, TCMA president.

The Rev. John Chowning, vice president for church and external relations and executive assistant to the president at Campbellsville University, introduced the speaker and noted that beyond his list of credentials, an important point might be that he is father of CU alum and assistant football coach, Josh Dye, and grandparent of Zephaniah Dye, son of Josh and Ahdazsa Dye.

Dye shared information critical to pastors and church leaders, especially bi-vocational ministers, about how best to keep records and documentation in order to stay in good stead with the Internal Revenue Service. He recommended using a compensation agreement with the church and offered helpful information about how to keep documentation when the work is done for various ceremonies as well as church services and travel.

Dye said it is very hard for religious workers to keep proper documentation when the church or churches with whom they work may or may not classify them as self-employed and that his agency is able to help. He recommended B. J. Worth's book, “Income Tax 2013 Edition,” as a resource for religious workers.

Campbellsville University is a widely acclaimed Kentucky-based Christian university with more than 3,600 students offering 63 undergraduate options, 17 master's degrees, five postgraduate areas and eight pre-professional programs. The website for complete information is campbellsville.edu.