Serving Those Who Serve
We offer specialized tax services at affordable rates to missionaries and other Kingdom workers. Having lived and worked abroad, we understand the challenges of life overseas. It is our privilege to serve clients in over 25 countries around the globe. Let us help you as well!
Tax PreparationEach taxpayer’s situation is unique; we often say there are no longer any ‘easy’ returns. We weigh the various options for each client, aiming to pay the lowest tax possible/get the highest refund allowable.
Tax PlanningWe provide clients with tax planning recommendations throughout the year in order to minimize their taxes. Changes in your unique situation or changing tax laws all present opportunities for tax savings.
Financial PlanningWe work closely with our partner, Wacek Financial Services - a like-minded firm with a vision of serving missionaries (and yes, we’re related), in order to provide financial planning services for our clients.
Foreign Bank Account ReportingFBAR is short for the Report of Foreign Bank and Financial Accounts. Under the Bank Secrecy Act, U.S. residents must report annually if they have “Signature Authority” over a checking or savings account.
Communicating With The IRSWe can respond to letters from the IRS and other State Departments of Revenue. The initial correspondence can be daunting; our years of experience working with taxing agencies allows us to help out.
Non-Profits & International ChurchesWe serve non-profits and international churches, being their ‘feet on the ground’ in the US; processing US donations, providing bookkeeping support, and issuing year-end contribution letters.
Who We Serve
Most international tax CPAs aren't that interested in advising Kingdom workers, yet we consider them our ideal client. We are grateful to serve those ministering in more than 25 countries. Below are some of their words about us...
As you know, in ministry, finances are always such a huge deal, and y’all have been a gigantic unexpected provision for us. Thank you for serving the Kingdom and using your gifts in such an unseen, desperately needed way.
Thanks for your great service to the kingdom through tax planning and prep. My wife and I have definitely benefited!
Thank you so much for your guidance… we are squared away with the IRS. We are now on the list of nonprofits so people can look up our nonprofit status by our EIN. I am so thankful for you and Rick, and I'm praying for your family, your accounting business, and your ministry.
You blessed us tremendously. You guys are the best and you definitely have our business from here on.
A Brief History…
Back in the mid-80s, having built an extremely successful accounting practice, Rick and Kathy Wacek felt the Lord calling them to full-time vocational ministry with Wycliffe Bible Translators. Twenty-two years later, they felt the Lord calling them back into the financial world full-time…this time their ministry being tax and financial planning services to primarily missionaries, pastors and foundations around the globe. In 2008, Rick and Kathy again started up Wacek & Associates and are now serving people working in 25+ countries worldwide.
Having lived in southeast Asia for eight years, Rick was aware of the unique challenges facing US taxpayers serving overseas to properly prepare their US tax return. As a result, Rick has nearly 30 years of experience consulting on/preparing US tax returns for people serving within and outside of the US. By wise tax and financial planning, Rick has been able to help hundreds of people develop a workable plan for putting funds away for retirement. Additionally, Rick has been able to network in many other countries and connect clients with like-minded individuals in the country in which they are serving, to help address country-specific tax issues.
Our Clients Say:
We are serving those who serve with the best professional and fully personal service.
But you don't have to take our word for it, just listen to what our clients say:
"You have saved me a lot of time so I can devote to the work here."