finance/finances
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Posted on April 1, 2013, 9:46 am
Topics: Financial Management
As a mom who tries to get the most bang out of her budgetary buck, I stock up on a few specifics each season—beach toys and towels at the end of summer and gift wrap and greeting cards after Christmas. As a church administrator there are likely a few key times when you also load up on supplies. From pens to toilet tissue, candles to printer ink, you know when and where...
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Posted on March 28, 2013, 6:17 am | 4 comments
Topics: Pastors
I don’t want to be one of those pastors. I don’t want to be one who stays in a church even though it’s not a good fit, who keeps working just to get a paycheck, who refuses to retire even though the congregation is unhealthy and in need of new leadership. But I can see how I might just be tempted. Greeting at the local Wal-Mart just won’t pay the bills...
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Posted on March 19, 2013, 2:16 am | 1 comment
Topics: Stewardship
Every day we make decisions that draw us near to God or move us away from him - how do we ensure that the choices we may with our finances are ones that honour God and help us to become more like him?
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Posted on February 19, 2013, 2:36 am | 2 comments
Topics: Spiritual Health, Stewardship
Most of us have debt. Student Loans. Car Loans. Mortgages. Credit cards. Lines of Credit. With all these regular payments our income is quickly depleted. Add to it regular living expenses and it's clear we just can't afford to give. Giving is not a priority. But should it be?
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Posted on February 5, 2013, 8:53 am | 8 comments
Topics: Spiritual Health, Stewardship
Financial stewardship is a topic we don't touch on frequently in the church, yet we deal with money daily! This week we're starting our journey into the questions related to tithing, giving and money in general. It's open season on financial stewardship - so bring your thoughts and questions to the table as we discuss this topic together.
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Posted on October 29, 2012, 2:26 pm
Topics: Financial Management
Do you hold funds in foreign bank accounts? You may want to check out the Report of Foreign Bank and Financial Accounts (FBAR) rules for annual filing requirements for a United States person.
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Posted on September 3, 2012, 11:55 am | 2 comments
Topics: Financial Management
On Wednesday, September 12, 11am CDT, a free webinar "Prevent Payroll Mistakes-What Churches Need to Know" will be presented by Richard Hammer, sponsored by Christianity Today and Brotherhood Mutual Insurance Company. Topics of the webinar include definitions of taxable income, W-2's, tax treatment of pastors, and reporting requirements for churches.
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Posted on August 27, 2012, 10:06 am
Topics: Financial Management
The upcoming webinar "Clergy Finance: Pointers for Pastors and Church Leaders" is scheduled for Thursday, September 6, at 12 ET through the Barnarbas Foundation. John Bolt, the Director of Finance and Administrator for the Christian Reformed Church in North America, will review taxes, housing, pensions, and retirement planning.
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Posted on June 7, 2012, 2:01 pm
Topics: Financial Management
On May 17, 2012, the US Tax Court filed a ruling that disallowed a taxpayer’s charitable donation to their church because the church “failed to provide a properly completed contemporaneous written acknowledgment of the contribution.” Does your church receipt letter comply with the IRS substantiation requirements?
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Posted on May 4, 2012, 2:29 pm
Topics: Caring
Got a good idea for programming that will minister to kids with disabilities? CVS is offering grants up to $5000 to support nonprofit organizations raise awareness in schools and communities about the importance of inclusion, build barrier-free playgrounds, and provide medical rehabilitation and related services to children with disabilities.
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Posted on November 28, 2011, 3:07 pm | 1 comment
Topics: Financial Management
Did you know there are books written on the subject of taxes and ministers? The annual paperback I most frequently recommend to a U.S. minister or church who is asking questions is Worth's Income Tax Guide for Ministers by B.J. Worth. This book provides information on income and fringe benefits, parsonage allowance, professional expenses, social security/retirement planning, and overseas missionaries.
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Posted on November 15, 2011, 2:58 am | 5 comments
"You Add, God Multiplies" is more than a catchy phrase, it's the reality of what happens when, as churches, we pool our resources to accomplish more ministry than we could do each on our own. Unfortunately there is a lot of confusion about what Ministry Shares are and what they do...
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Posted on October 25, 2011, 3:07 pm
Topics: Caring
This website has a calculator to help people receiving public disability benefits determine how their income, benefits, and health coverage could be affected if they go to work.
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Posted on August 22, 2011, 9:06 am | 2 comments
Topics: Web
Who doesn't love a good deal? There's that shirt you found hidden on the clearance rack or the coupon you used at the restaurant for dinner. In the same way your church can get deals on technology services and software. Is your church taking full advantage of all the available discounts and freebies that it can?
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Posted on June 21, 2011, 10:46 am | 6 comments
Topics: Financial Management
Two years ago your youth pastor asked if the church could cover her cell phone costs related to her church work. You agreed that the youth pastor needed texting and a cell phone and covered the costs. Now your Senior Pastor and Congregational Care Pastor use their cell phones a lot for church related work also. Should the church have a cell phone policy? How much do you cover on each of their cell phones?
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