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The Bible teaches us to be good stewards of the resources we have. This theme is woven throughout Scripture. In the local church, the pastor and board are entrusted with stewarding the funds contributed by donors. What are some key practices church leadership should...
Understanding and calculating a housing allowance for ministers is complex and, therefore, can be very confusing. Besides determining an amount that can be excluded from federal income tax, there are several rules to follow to ensure compliance with IRS guidelines....
Q: We would like to provide life insurance for our lead pastor and his spouse. Is this a taxable benefit? A: In some cases, an employer-provided life insurance policy can be considered a nontaxable fringe benefit. However, specific criteria must be met for this to...