Have you ever been tasked with trying to explain apportionments to someone else? Where do they come from? How much are they? What good do they do? I hope to cover this concisely with this post and related video.
Have you ever heard of 4DX (Four Disciplines of Execution)? This was new to me. The Franklin Covey group puts it out (think 7 Habits of Highly Effective People). Just as I was learning about 4DX, I also started my New Year’s Resolution of losing some weight. When I accidentally used 4DX to lose weight, I became a believer.
The United Methodist pension plan is pretty confusing for most people…even those enrolled in it. I’m not going to explain the acronyms, but I will describe exactly what benefits the church is paying for through their Pension Direct Bill and how the bill is calculated. I think this would be a good overview for a church finance committee or Staff-Pastor Relations Committee.
In recent months, I’ve been reminded of the important relationship between Management and Leadership. These are God-given gifts and callings that are both necessary for a church to fulfill their purpose. In many churches, management is done by committee through the trustees, finance committee, and staff-pastor relations committee. This post includes links to video resources and trainings to help your committees start 2022 off right.
I love this time of year! I like the cold weather and the smell of tax forms. Before the end of the month, I should have my taxes filed and my withholdings adjusted.
This is the time of year to start thinking about how much you are putting aside for taxes. You can set your withholdings by properly completing Form W-4, but the revised Form is tricky…especially for clergy.
There are people that make predictions but never look back to see how accurate they were (e.g., weathermen and economists). There are people that never make predictions but claim that they knew all along what was going to happen. I’m going to try to be in the rare third group that makes predictions and then acknowledges where I was right or wrong. Some of these predictions are fun and dumb. Others might be a little controversial. Enjoy!
It seems like every year, I have questions about who should get a 1099. Every year, I look up the answer and get that straight in my mind. Every year, I then forget the answer until next year. If you and your church get nervous about getting 1099’s to all the write people, this is for you.
JCT Accounting Co 