New minimum salary requirement jumps from $684 to $844 per week and applies as of July 1, 2024, with another jump planned for 2025.
Also This Week
Do part-time ministers qualify for the clergy housing allowance? Matt Branaugh helps you answer hat critical question.
Setting and building a capital reserve account fund can help your church prepare for inevitable future expenses.
The church may not issue a charitable contribution receipt.
A court case in South Carolina offers insights and warnings for giving signatory authority.
Resources
Using Information Technology for the Mission of the Church
Richard Hammar walks through several key legal and tax elements churches need to consider when planning a pastor’s compensation.
About 15 percent of all churches have been, are being, or will be victimized by an unscrupulous employee or member.
Church Finance Update
Vital coverage of critical developments, news, insights, and resources about legal and tax matters affecting churches, clergy, staff, and volunteers nationwide.
Delivered free via email to subscribers weekly.
Christianity Today is a 501(c)(3) nonprofit organization.
“Christianity Today” and “CT” are the registered trademarks of Christianity Today International.
Copyright ©2024 Christianity Today, PO Box 788, Wheaton, Illinois 60187, United States
All rights reserved.