Wedding costs are back on the rise with the average cost for tying the knot at about $28,000 in 2012. Newlyweds (or their families) are spending more due to regained confidence in the economy and all the new amenities available for guests (everything from photo booths to cartoonists). Our infographic looks at the average costs of wedding expenses and the sales tax associated with those costs.
Infographic by Column Five Media
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Lisa Lewis is a CPA and the TurboTax Blog Editor. Lisa has 15 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. Lisa also has been a TurboTax product user for many years and understands how the software program works. In addition to extensive tax experience, Lisa also has a very well-rounded professional background. She has held positions as a public auditor, controller, and operations manager. Prior to becoming the TurboTax Blog Editor, she was a Technical Writer for the TurboTax Consumer Group and worked on a project to write new FAQs to help customers better understand tax laws. She could also be seen helping TurboTax customers with tax questions during Lifeline. For Lisa, getting timely and accurate information out to customers to help them is paramount.
You left out the cost of using a Church [in “Venue” costs], the honorarium to the minister, AND THE ORGANIST’S FEE.
Everyone forgets to pay the organist!!! Some Churches reimburse the organist from a fee they collect for the wedding, but not all do so!
Especially Roman Catholic churches don’t, it’s up to the wedding party to PAY THE ORGANIST!
I have to pay income tax on the wedding fees I receive, so even if the wedding party doesn’t have to pay taxes in the fee they pay me, you should include it in your liset.
A liturgical church organist.