I’ve been receiving quite a few calls from pastors and church treasurers who are struggling to fill out their clergy compensation form and calculate the cost of benefits. The GMC has some great resources to help.
GMC Clergy Compensation
Tag: Payroll
How do you account for health insurance withholdings?
For a long time, I was spoiled and didn’t realize it. My health insurance bill was due at the end of the month it was for. I just realized that this is not typical. Normally health insurance is paid a month ahead.
How do you account for this payment and the related payroll withholdings?
How does the change in the Dept of Labor’s Minimum Salary rule affect my Church?
The Dept of Labor rule change for the minimum salary for Exempt employees is kind of flying under the radar. How will it affect your church when the Minimum Salary goes from $35k to $58k? Read more to find out.
Paycheck & W-2 Calculator for Clergy – Global Methodist
The most intimidating part of being a church treasurer is the payroll. I’ve had the privilege of helping a lot of folks with this over the years. I decided to make an online calculator to help Global Methodists pay their pastor correctly.
2024 Clergy Compensation Forms – Global Methodist
Many churches are preparing budgets and plans for 2024. A big part of that budget and plan is usually the pastor. I put together some tools to help set the pastor’s compensation in the Global Methodist denomination.
Walkthrough applying for church EIN
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.
How does the Housing Exclusion apply to Retirement?
Each June the United Methodists celebrate pastors that are retiring. I always love hearing the words of wisdom they share with us at Annual Conference.
My gift back to these retirees is a reminder of how the Housing Exclusion works in retirement. Retirees can save thousands in taxes if they understand this. Actives should know about this as well for their own tax planning.