Common use of Social Security and Medicare Offset Clause in Contracts

Social Security and Medicare Offset. Our Church will compensate you for the portion of Social Security and Medicare tax we would pay if pastors were permitted by the Internal Revenue Service to be paid as an employee of the Church. This amount is the percentage established annually by the Internal Revenue Service. The current percentage equals 7.65 % of the salary plus housing or furnishings allowance, and will be paid to you on a _ basis.

Social Security and Medicare Offset. Our Church The church will compensate you the pastor for the portion of Social Security and Medicare tax we an employer would pay if pastors the pastor were permitted by the Internal Revenue Service to be paid as an a non-clergy employee of the Churchchurch. This amount is the percentage established annually by the Internal Revenue ServiceIRS. The current percentage equals 7.65 % of the ____ (presently, 0.765%)_______of cash salary plus and housing or furnishings allowance, and . This amount will be paid to you on a _ basisincluded in the regular paycheck.

Social Security and Medicare Offset. Our Church will compensate you for the portion of Social Security and Medicare tax we would pay if pastors were permitted by the Internal Revenue Service to be paid as an employee of the Church. This amount is the percentage established annually by the Internal Revenue Service. The current percentage equals 7.65 % of the salary plus housing or furnishings allowance, allowance and will be paid to you on a _ basis.