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: Tax Implications
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.
What is a 508(c)1(A) Church?
The Global Methodist denomination doesn’t have a Group Ruling with the IRS that would officially declare all Global Methodist churches to be 501(c)(3). Filing for 501(c)(3) status can be a long and painful process. What should a church do? Try this.
My Top 3 Resources for Church Treasurers
Besides Excel or your accounting system, what are the go-to resources for a church treasurer? As I think back on the last 20 years, I came up with three that I find myself going back to over and over again.
How do I change my Church’s Name with the IRS?
While it is exciting to have a new name and new brand for a church, there are a lot of administrative issues. You need to make sure you update your name with your bank, the folks you do business with, and the State. What about the IRS? That’s what I dive into here.
How can Global Methodist Churches prove their 501(c)(3) Status?
The Global Methodist denomination doesn’t have a Group Ruling with the IRS that would officially declare all Global Methodist churches to be 501(c)(3). Filing for 501(c)(3) status can be a long and painful process. What should a church do? Try this.
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.