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10-Minute Treasurer

Alternative Investments for Churches

by Jeff Pospisil • December 16, 2022 • 0 Comments

With the stock market being so volatile over the last year, what alternatives can a church invest in and get a great return? I give you some cheap investments that churches can make and likely multiply their money.

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10-Minute Treasurer

Is my church at risk of losing its Tax-Exempt Status?

by Jeff Pospisil • December 9, 2022 • 0 Comments

The IRS is the most feared institution on earth. Even churches, which have minimal interaction with the IRS, are usually very afraid of getting on the IRS’s bad side and losing their 501(c)(3) tax exempt status. Should they be afraid?

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10-Minute Treasurer

Walkthrough applying for church EIN

by Jeff Pospisil • December 2, 2022 • 0 Comments

Does your church need a new Tax ID? The IRS makes this super easy. I give you a walkthrough in the video.

Maybe your church has found out that they aren’t using the correct Tax ID. What do you do? There are three things you can try before you need to get a new EIN.

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10-Minute Treasurer

Clergy Compensation in the GMC

by Jeff Pospisil • November 25, 2022 • 0 Comments

For many former United Methodist churches, this season of setting the budget and clergy compensation will be different than usual. There won’t be any guidance from the Conference and very few policies to guide them. Here’s some thoughts on the subject.

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10-Minute Treasurer

Calculating the GMC Health Insurance Bill for my Church

by Jeff Pospisil • November 18, 2022 • 1 Comment

This is the very first year that there will be churches planning their budgets and related compensation plans as Global Methodist churches. Last week I looked into pension benefits. This week I’m looking into health insurance benefits to hopefully help future Global Methodist churches and their pastors.

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10-Minute Treasurer

Calculating the GMC Pension Bill for my Church

by Jeff Pospisil • November 11, 2022 • 3 Comments

This is the very first year that there will be churches planning their budgets and related compensation plans as Global Methodist churches. This is my effort to help these churches with this process as well as let future Global Methodist churches see what it will be like.

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10-Minute Treasurer

What I’ve learned after 75 days of being a Professor

by Jeff Pospisil • November 4, 2022 • 0 Comments

I wasn’t sure this blog was going to survive my transition to the world of Higher Ed. This was a major life change for me, and I didn’t know how much else was going to change. Would I have time to blog? Would I have content? Here’s what I’ve been learning about that might be valuable to you.

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The heart of JCT Accounting is to help churches and nonprofits improve their financial future primarily through relevant and practical teaching/coaching.

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