The resources on this page are taken from the Kentucky Baptist Convention website.
5 Observations on Pastor’s Salaries by Thom Rainer. This paper is a great way to start a discussion with your leadership.
What the Bible Says. Not long but enough!
Is a Minister an Employee or Self-Employed? People struggle with this issue. This paper helps explain it.
Special Tax Provisions that Must Be Understood. This chart explains it better than I can.
Latest Pastor’s Compensation Study – Many churches do not know how to adequately compensate their pastor. This study will provide much-needed guidance.
Ministerial Tax Issues: Questions and Answers by Guidestone. A one-stop shopping guide to get you started right.
Minister’s Tax Guide – Our church used a CPA who did not know pastors need a W-2, not a 1099! He changed his policy after reading this guide.
Sample W-2 Form for Pastor. Most CPA’s are not acquainted with the tax intricacies for a pastor. Result: Many pastors overpay Uncle Sam!
4 Steps to Structure a Pastor’s Compensation Package. Simple guide for the Finance/Compensation Committee.
Who Is An IRS Approved Minister? Make sure you qualify.
Video: Handling Money in the Church. It includes 20 basic internal control churches should apply. Details are provided regarding Charitable Contribution rules and best practices.
Video: Social Social Security for Ministers. This is the biggest snafu for pastors.
Video: Housing for Ministers. This 12 minute video reviews basic tax rules, procedures and reporting requirements for Housing provided for Ministers.
Video: How to Structure Financial Support for Ministers and Church Employees. Share it with your compensation committee!
Video: How Churches Should Handle Ministry Related Expenses. Learn how to avoid taxable income and provide a reimbursement policy.
Video: Charitable Contributions. Is your church legally compliant? This is tricky!
Financial Support Worksheet for Ministers. This worksheet is so important! Open it and you’ll see!
Basics of Housing Allowance. Provides a simple explanation for the newcomer to this entire process.
Housing Allowance Estimate Form. Prepare this form prior to the new fiscal year.
Housing Allowance Notification Form. This form provides backup for the pastor in case of an IRS audit.
Church Expense Reimbursement Policy Form. This form should eliminate potential problems.
Ministry Expense Form. Provides clear documentation.
Handling Money in the Church. Be sure to give this to your Finance Committee.
The Church Treasurer. Another tool with clearly distinguished responsibilities.
Church Financial Policy by Keith Hamilton. Keith is a specialist in this field.
Checklist for the Finance/Compensation Committee. Be sure you covered all the bases before the game starts.
Workers Compensation Policy. All churches should provide WC. Pastors are often injured in church sports activities. This pitcher had a softball hit into my face and was knocked out. The recovery expenses were covered by WC.
Charitable Contributions Handout. There are IRS rules for this, too!
Severance Pay for Staff. This policy may provide guidance in your own situation.
Educational Expenses for Ministers. How can a church encourage education without increasing the tax burden?
Voluntary Tax Withholding for Ministers. Most ministers would be ahead if their church withheld their taxes.
IRS Tax Guide for Churches. This includes other religious organizations, too.