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3 Questions Pastors Are Asking About Health Care

WebThe fee assessed to those who do not maintain minimum essential health care coverage is calculated in two different ways: a percentage-based penalty or a per-person penalty. …

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StartCHURCH Blog

WebOption 1: Small Business Health Options Program (SHOP) The first, rather obvious, option is that your church can purchase a qualified group healthcare plan from an insurance …

Category:  Health Go Health

Tax Benefits That Come With Being a Pastor

WebThank you for downloading our 6 Steps to Your Church’s Financial Health ebook. You are now subscribed to the StartCHURCH Newsletter. The purpose of our newsletter is to …

Category:  Health Go Health

Six Types of Reimbursements Your Church Needs to Know

WebHow to do it. 1. At a properly called board/elder's meeting, the church must adopt a resolution to allow eligible church employees to receive adoption assistance of up to …

Category:  Health Go Health

StartCHURCH Blog

WebIRS Changes to 1099-K Requirements. As of January 2022, Paypal, Venmo, and Cash App and will report a user’s business transactions to the IRS that meets the following: - …

Category:  Health Go Health

The #1 Secret to Generate More Income for Churches in 2021

WebIn fact, over the past year, we have seen a significant percentage of our bookkeeping clients experience growth in their finances. We want to help you put the best financial practices …

Category:  Health Go Health

StartCHURCH Blog

WebConclusion. The $100-per-day-per-employee penalty is a steep penalty that I know churches and ministries do not want to have to pay. That is why it is important for you to be aware …

Category:  Health Go Health

3 Things Every Minister Should Know About Housing Allowance

WebA minister may exclude no more than the lowest of the following amounts: The amount used to provide a home; The amount designated as a housing allowance; or. The fair rental …

Category:  Health Go Health

StartCHURCH Blog

WebVaters, who has been pastoring for 30 years, has heard many misconceptions from others when he tells them he pastors a small church. “First and most common, when people …

Category:  Health Go Health

StartCHURCH Blog

WebStep 1: Incorporate your church. The first step in legally starting your church is choosing a name for your church or ministry. Check the secretary of state’s office (for the state in …

Category:  Health Go Health

How to Measure Your Church's Financial Health

WebWhen a church applies for a loan, the lender will run ratios to determine the church's health. If the church is granted the loan, the lender will probably require the church to maintain …

Category:  Health Go Health

3 Must-Know Tax Benefits for Pastors and Ministers

WebLet’s take a closer look at the two pastors. Both pastors earned a salary of $55,000 from their churches. Additionally, each minister was married and had four kids. However, each …

Category:  Health Go Health

Before Anyone Writes Their Next Check, Read This

WebBelow are 7 steps that will help clarify the best way to do it. 1. Make sure everyone makes his/her check payable to the church. 2. Make sure they write “pastoral salaries” on the …

Category:  Health Go Health

The Difference Between Restricted & Designated Offerings

WebBy Raul Rivera. It is common for churches and ministries to receive donations for building campaigns, outreach programs, benevolence, and other reasons. These types of …

Category:  Health Go Health

10 Simple Steps to Ensure Legal Ordination

WebRequire an application with a fee. Require an exam to be taken and passed with a minimum required score. Establish a formal process of commissioning. Assign the ordination an …

Category:  Health Go Health

Are You Funding the Mission or the Missionary

WebFor further informationregarding how to operate your church’s missions program, consider reading the blogs listed below. Additionally, if you have questions about distinguishing …

Category:  Health Go Health

How to Handle Designated Donations Given to Your Ministry

WebOffer to redirect the donation: The first thing your church needs to do is inform the donor that there is no longer a need for that specific fund or purpose. You should then ask if the …

Category:  Health Go Health

How to Know What is Taxable Income for a Minister

WebIncome tax regulations require that any and all money given to the pastor be reported as income. Under the code, the IRS will fine the pastor 200% of the car allowance plus …

Category:  Health Go Health

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