SBOM Holds Tax Preparation Conferences to Help Ministers
The greatest area of difficulty in a minister’s tax filing is his or her dual status, according to Lee Wright, state missionary in the office of LeaderCare and church health […]
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 […]
4 Important Tax Changes for 2016 Every Church Should Know
January 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 should know. The […]
Church administrators should be careful about insurance, overtime pay, salaries
Insurance, overtime pay and staff salaries are three areas church administrators must pay close attention to, said Lee Wright, coordinator of church compensation services for the Alabama Baptist State Board […]
Conference addresses proper procedures, regulations, tips for handling taxes
Because ministers are unique in the way they pay taxes, churches must be careful in the way they do salary administration and tax reporting, according to Lee Wright, coordinator of […]
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 […]
