Jump directly to the Content Jump directly to the content
On-Demand Webinar | Advantage Member Exclusive

Tripping Points of Pastoral Compensation

7 common mistakes churches make when planning and executing church compensation.

Editor’s Note. This video is part of the Advantage Membership. Learn more on how to become an Advantage Member or upgrade your membership.

When it comes to handling pastoral compensation, the details can make all the difference.

From navigating the housing allowance and its tax effects to understanding the unique issues involved in planning for retirement, a minister’s classification seems to bring confusion in the world of compensation planning. Any failure to follow specific rules can change the taxation of various components in a compensation package—likewise, the use of various components may have unintended tax consequences.

CPA and Church Law & Tax senior editorial advisor Elaine Sommerville, provides church leaders with a valuable review of the details most essential to building a solid compensation package for ministerial team members.

Download the presentation ...

Join now to access this member-only content

Become a Member

Already a member? for full access.

Related Topics:
Posted:
  • November 13, 2020

Related ResourcesVisit Store

Setting a Pastor's Pay
Setting a Pastor's Pay
Richard Hammar explains legal and tax matters for planning a pastor's compensation.
How Churches Spend Their Money: 2019 Executive Report
How Churches Spend Their Money: 2019 Executive Report
This report will give you an inside look at how churches nationwide spend their money.
The 2019 State of Church Compensation Report
The 2019 State of Church Compensation Report
Data and statistics about the state of church compensation in the U.S. for 2019.
20 Finance Questions Churches Ask
20 Finance Questions Churches Ask
Richard Hammar answers relevant tax and finance questions for church leaders.