How do you determine the balance between too much or too little organization? Leaders need to understand their mission and clearly see that the structure and organization assists in accomplishing ministry.
Since ministers are not allowed to deduct church related business expenses from their local church employment as self-employed workers, often ministers and other church employees pay unnecessary income taxes on legitimate business expenses.
A registered Retirement Savings Plan (RSP) is an investment account designed primarily for saving toward your retirement years. As a retirement savings vehicle, regulated by the Canadian government, RSPs have special tax benefits.