Sermon prep, Sunday follow-up, staff meetings, prayer requests, communication with the congregation, worship planning…. These are just a few of the items on your weekly to-do list that probably keep you from staying up to date on the latest changes in IRS tax laws. And with the complexity of the typical pastor salary package and ministry expenses, it’s no wonder … Read More
How to Structure Your Church for Growth (Part 4)
Today’s 4th and final installment on structuring your church for growth is going to be a bit of a turn from the previous 3 posts. After looking at the issues of by-laws, church governance, and budgeting, today I’d like to share a few quick thoughts about the importance of having your salary package set up properly. For whatever reason, many … Read More
How I Saved $2000
In 2003 I had a conversation with Steve Merriman and from that one conversation I saved over $2000 in taxes that year. Steve is the founder of Clergy Advantage (ClergySupport.com – you’ve heard me talk about them in the blog before – they are the ones who cleared me when I was recently audited – you can read about it … Read More
How to Survive an IRS Audit
A few weeks ago I mentioned that I’m being audited by the IRS. The case is ‘almost closed’ although there are still some minor paperwork issues to be handled. Hopefully everything will be settled by August. As it turns out, everything was ‘proper and in order’ with my 2006 return but I did learn some important lessons. First, I was … Read More