As volatility picks up and the stock market nears a downturn, it’s important to keep a proper perspective, just like you did to survive the difficult parenting years.
It’s Time To Submit Your 2019 Housing Allowance!
The ministerial housing allowance is one of the greatest tax benefits available to pastors and now is the time to get yours approved for 2019.
Homemade Christmas Gifts That People Actually Like & 10 Great White Elephant Ideas
Now that Thanksgiving is over and the Christmas season is in full swing, I wanted to write a Christmas themed blog post. Two years ago I gave you 10 Simple Ways To Earn Extra Money For Christmas, which is still pretty useful. This year I’m going at it from the other side.
Pastor’s Love Offering: Gift Or Taxable Income?
A recent court case helped to clarify when pastoral gifts are considered taxable income. Make sure you know how to classify your income to avoid owing penalties and back taxes.
How A Parsonage Allowance Works
There are two kinds of ministerial housing allowances here in the US. The parsonage allowance is for those living in church-owned housing. The cash housing (or rental) allowance is for those who provide their own housing.
Today, I want to go deeper into the parsonage allowance. Though parsonages are slowly becoming a thing of the past, many pastors still live in them. For those pastors, it is important to understand the different features of the IRS’s parsonage allowance.
What You Need To Understand Before Buying Life Insurance
The insurance industry has created so many complicated products that it scares people out of buying life insurance. However, life insurance is an important protection for your family. Here is a primer that will prepare you for competent life insurance shopping.
Avoid The Penalty For Getting Bad Information From Medicare
Unfortunately, pastors are sometimes given bad information regarding Medicare. This can lead to costly enrollment mistakes. If this has happened to you, there may be a way to fix things.
How To Appeal A Social Security Benefits Decision
Because a pastor’s opportunity to opt out of Social Security is so unique, many Social Security employees don’t understand the law surrounding it. Unfortunately, this results in pastors being denied benefits that are rightfully theirs. This is what you can do to appeal the decision if it happens to you.
What You Need To Know About Medicare To Save Hundreds Of Dollars A Month In Retirement
When it comes to Medicare, most pastors don’t really understand how it works. Unfortunately, this is one situation where ignorance can really hurt you. Here are the basics of Medicare and what you can do now, even if you’re still young, to save a lot of money.
Pastor Appreciation 2018: The Gift You Need More Than You Realize
During this Pastor Appreciation Month, I would like to give you a gift that you both need and deserve, a gift that could even change your life. Thank you, pastor, for all you do. I appreciate you.