Free PDF , by Dan Busby
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, by Dan Busby
Free PDF , by Dan Busby
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Product details
File Size: 21343 KB
Print Length: 192 pages
Page Numbers Source ISBN: 0310588774
Simultaneous Device Usage: Up to 5 simultaneous devices, per publisher limits
Publisher: Zondervan (January 22, 2019)
Publication Date: January 22, 2019
Sold by: HarperCollins Publishing
Language: English
ASIN: B07BB5FHG3
Text-to-Speech:
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Amazon Best Sellers Rank:
#104,787 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
Got it for school
How much should you pay your pastor in 2019? “Chapter 2: Compensation Planning†and “Chapter 3: The Pay Package†in the “Zondervan 2019 Minister’s Tax & Financial Guide†delivers comprehensive wisdom and an insightful and practical format for reporting ministerial compensation—while also noting a common reporting practice to avoid.The “Checklist for Churches Demonstrating Integrity in Compensation-Setting†is worth the price of the book. Plus, there are bonus “aha’s†on almost every page:• “To avoid confusion, it is wise for churches to have a policy covering who owns books (and other property with a useful life longer than one year) paid by the church.â€â€¢ “Statistics suggest that a minister is seven times more likely to need disability insurance than life insurance before age 65.†(Wow—tough job?)• “Caution! The previous tuition and fees deduction of up to $4,000 annually was eliminated under tax reform and may no longer be claimed by a minister starting in 2018.â€BIG MISTAKES! Be sure to read page 183: “10 Biggest Tax Mistakes Made by Ministers.†Note #9: “Improperly opting out of social security because of the belief that it is not a good investment.â€If your church is operating on last year’s tax and financial wisdom—that’s unwise. Read the invaluable information on minister’s housing exclusion, business expenses, retirement and Social Security, paying taxes, Form 1040 filing details, and more in this critical update for 2018 tax returns for ministers.In my book reviews, I’ve often encouraged pastors, executive pastors, and managers to delegate their reading. So…what person on your church staff, board, or volunteer team will you inspire to read this important book? Or…you can deal with the 10 Big Mistakes later. Your choice!
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