A pastor sabbatical program is one of the best gifts a church can offer their pastors. And $50,000 grants from the Lilly Endowment’s Clergy Renewal Program will make it easier than ever for pastors to get away for a time of refreshment and renewal. [Read More…] about Free Pastor Sabbatical Program Offers $50,000
Are pastors self-employed or church employees? The answer is “YES”! Pastors in the U.S. have a unique dual tax status. They are considered employees for federal income tax purposes. But they are also considered self-employed, regarding their ministerial earnings, for Social Security and Medicare purposes.
I know it’s a big no-no for couples to argue or fight about money in front of the kids. But my wife and I do it from time to time. And we think it’s just fine. Here’s why you should too.
Why do pastors and churches talk about money? Is it meant to make people feel uncomfortable or guilty? Do we do it too much? Here are three reasons why pastors talk about money at church.
Many pastors are ill-prepared for retirement. For some, it’s because their church didn’t offer a retirement plan, or because they lived in a parsonage and didn’t build up home equity. Here are tips to help pastors plan for retirement.
If you’re a pastor looking to make extra money, you’ve come to the right place! There are dozens of ways pastors can earn extra income, to help pay for education expenses (yours or your kids’), cover increasing clergy health care costs, save for something special, or supplement your income to make ends meet.
Are you on the look-out for free books for pastors? Well, and what pastor isn’t, right? Then be sure to check out PaperBackSwap.com!
This is the third and final post in a series on how to beat holiday stress. My first tip is about planning ahead. The second tip is about reducing financial pressure. My third and final tip is about managing expectations – not just your expectations, but also the expectations of others.
One of the biggest causes of holiday stress is financial pressure – the feeling that you have to spend more than you can afford to provide Christmas gifts for family and friends. As a father of five children ages 12-22, I can attest to the fact that parents often feel pressure to spend more than […]
Clergy Tax Issues
I hate to admit it, but I'm just now getting around to doing my taxes this week, and should have them completed by Thursday. If you're getting a late start like me and don't … [Read More...] about File the IRS Extension Form if You Need More Time to do Your Taxes
Tax Day 2012 is April 17. If you've procrastinated doing your taxes because you're a pastor needing IRS tax help, I recommend you get the 2012 Zondervan Minister's Tax … [Read More...] about Last Minute IRS Tax Help for Pastors
Pastors needing IRS tax help still have time to get the 2012 Zondervan Minister's Tax Guide before 2011 tax returns are due on April 17, 2012. For years, ministers have … [Read More...] about Still Time for Zondervan Minister’s Tax Guide
Can a pastor still claim a housing allowance exemption when their house is paid off? The answer is yes. In this post I'll share some strategies you can use, even when your … [Read More...] about Can a Pastor Claim a Housing Allowance When the House is Paid Off?