Author: Lee Wright
Four Important Financial Issues Every Church Should Know
January is almost here and is a very busy month for churches concerning year-end reporting. Here is some important information for the start of the new year that every church
Another Aspect of Good Stewardship
When we say the word “stewardship,” our minds immediately go to giving or the tithe. In the congregation, they immediately think “Oh, no, another ‘giving sermon!’” Actually there are not
SBC Church Compensation Survey
Help create an accurate, reliable database that will be used by thousands of churches to help determine fair compensation for their church staff. In case your on the edge, here
What should you pay your Bi-Vocational Pastor?
Many bi-vocational churches still operate under the old “lump sum” or “package approach.” “We will pay you $X.XX and you divide it any way you wish.” This can cause the
How well does your church manage God’s resources?
Your Sunday morning service has just ended. The Church Treasurer takes the offering home and counts it, later deposits it, records contribution records, reconciles the bank statement, writes checks, and
The Six Requirements for a Charitable Contribution to be Tax Deductible
There are six requirements that must be satisfied in order for a contribution to be tax deductible. The IRS looks at the substance and not the form of a transaction
IRS provides transition relief for small employers
The IRS provided temporary transition relief for small employers (less than 50) concerning the payment of individual health insurance. Small employers are not required to pay the $100 per day
Tax Savings Tips
Tax Savings Tips Richard Hammar, attorney and CPA, writes the Minister Tax Guide which may be found at www.guidestone.org/LearningCenter/Ministry/MinistersTaxGuide. From the guide, here are Hammar’s most often missed tax savings
5 easy ways to help your minister save on taxes
It is tax time again! We are in the middle of tax season and the April 15th deadline is about 6 weeks away! The median family income in Alabama is
by Dogwood