The most commonly asked question regarding the new tax reform bill that went into effect at the beginning of the year is, “How will it affect me?” Since everyone’s situation is different, no amount of searching on Google is going to give you the right answer.   The most accurate answer you can find will come from doing calculations based on your 2017 tax return. If you anticipate being in the same, or a similar, financial situation for 2018 as you were for 2017, then you can get a pretty good estimate of this coming year’s tax bill by looking at last years’ numbers. Here is how to do it: View post

I’ve been getting a number of questions regarding the tax reform bill that went into effect on January 1, 2018. Here they are with some answers: View post

A lot of pastors think when they retire, or even if they retire, is their decision. But is that really the case? And if not, what should you do? View post

A federal judge has ruled that the cash housing allowance for clergy is unconstitutional. What happens next and what does this mean for you? View post

Today is the beginning of a brand new year, a fresh start. For many people, now is the time to leave the regrets of 2017 behind and do better in the year to come. Millions of people all over America are making New Year's resolutions to do better financially.   How about you? Would you like to improve your finances in 2018? I’ll help you. Your current finances are the result of decisions, both large and small, that you have been making your entire adult life. If you want to make a change in your financial life, you’ll need to change the way you make decisions.   Today, I’m going to show you how to make better financial decisions. View post

Merry Christmas! For the last post of the year, I thought I'd do a recap of the 10 most popular posts of 2017, in case you missed one of them. Here they are, in order of popularity: View post

Now that the GOP tax reform bill is finalized, how does it affect pastors? Let’s take a look at the changes being enacted into law and how they might affect you. View post

From hurricanes to fires, people all over the nation have been finding themselves in emergency situations this year. What if next year is your turn? Are you financially prepared for an emergency? What steps can you take to become prepared? View post

As a pastor, one of your greatest earthly rewards is the clergy housing allowance. Though it’s nothing compared to the rewards you’re piling up in heaven, it is definitely something that should not be overlooked.   Here are some things to remember as you prepare your 2018 clergy housing allowance request: View post

Christmas is almost here! And that means that grandparents and fun aunts and uncles are going to be scouring the stores (or just Amazon) for the biggest, loudest, most annoying toys to give your children.   Aren’t you excited?   If you don’t want a life-sized Batman taking over your hallway or Giggle Wiggle singing to you every day, be proactive! Open a 529 college savings account for each of your kids so your family and friends can put their money somewhere that it will really benefit your child- and not drive you crazy. (And if you do want Giggle Wiggle, let me know, I have one that I’d be happy to part with.) View post