Services Directory | This helpful guide puts Kentucky Baptist Convention services at your fingertips. | | ServicesDirectory.pdf (25,996.1 K bytes) Posted: 06/12/2008 |
What Changes Financial When One is Ordained as a Minister? | Once one is ordained, licensed or commissioned as a minister, some things change
regarding their finances. This chart outlines some of the general differences for employees serving in Southern Baptist churches. | | OrdinationChanges.pdf (9.6 K bytes) Posted: 05/29/2008 |
Medical Reimbursement Plans | What is a Medical Reimbursement Plan, and should a church adopt such a plan for employees? This helpful document will tell you more. | | Medical Reimbursement Plans.pdf (20.6 K bytes) Posted: 08/27/2007 |
What Does The Bible Say About Financial Support For Ministers? | What does the Bible say about financial support for ministers? Explore the Bible's instruction for churches and ministers. | | 01 - Bible.pdf (37.8 K bytes) Posted: 07/18/2007 |
Basic Concepts for Ministry-Related Tax Issues | Who is a minister for tax purposes? Is a minister self-employed? What special tax provisions are provided to ministers? All these important basic questions are addressed in this document. | | 03 - Basic Concepts.pdf (42.7 K bytes) Posted: 07/18/2007 |
How Churches Structure Financial Support for Ministers | Lump sum vs. financial support plan -- which is best? This document outlines the ways churches structure financial support for ministers. | | 04 - Ways Churches Handle FSP.pdf (33.0 K bytes) Posted: 07/18/2007 |
Structuring a Minister’s Financial Support Plan in 4 Easy Steps | Especially helpful for personnel committees, finance committees and pastor search committees, this document walks leaders through the basics of financial support for ministers. | | 05 - 4 Step Process.pdf (131.7 K bytes) Posted: 07/18/2007 |
Minister's Financial Support Worksheet | This helpful worksheet will assist leaders in assessing ministers' pay packages and the cost to the church. | | 06 - FSP Worksheet.pdf (35.5 K bytes) Posted: 07/18/2007 |
Ministers' Housing | Ministers are able to set aside a portion of their pay as "housing allowance" under IRS rules, reducing their tax burden. Find out more in this helpful document. | | 07 - Ministers Housing.pdf (41.5 K bytes) Posted: 07/18/2007 |
Minister's Housing Allowance Estimate Worksheet | This worksheet helps minister's estimate their housing costs for one year. | | 08 - Housing Estimate Worksheet.pdf (46.9 K bytes) Posted: 07/18/2007 |
Housing Notification Sample | This sample letter illustrates official correspondence from church to minister setting the amount designated as "housing allowance" for the year. | | 09 - Housing Notification Sample.pdf (62.9 K bytes) Posted: 07/18/2007 |
Retirement | Get the basics about retirement from this helpful document. | | 10 - Retirement rev.pdf (45.1 K bytes) Posted: 07/18/2007 |
Social Security | Do ministers need to pay Social Security? Do churches? This helpful document will walk you through the answers. | | 11 - Social Security.pdf (35.8 K bytes) Posted: 07/18/2007 |
Insurance | This helpful document will educate churches and leaders on insurance options. | | 12 - Insurance.pdf (45.5 K bytes) Posted: 07/18/2007 |
Ministry Related Expenses | How should your church account for ministers' ministry-related expenses? This worksheet will walk you thorugh the options. | | 13 - Expenses.pdf (47.1 K bytes) Posted: 07/18/2007 |
Sample Expense Policy | This sample policy helps leaders create a clear, efficient process for documenting ministry-related expenses. | | 14 - Sample Expense Policy.pdf (38.7 K bytes) Posted: 07/18/2007 |
Expense Form | This ready-to-use form will help churches keep track of ministers' expenses and reimbursements. | | 15 - Expense Form.pdf (35.9 K bytes) Posted: 07/18/2007 |
Financial Support Checklist | Use these fifteen questions to evaluate the financial support for ministers serving in your church. | | 17 - Checklist.pdf (40.5 K bytes) Posted: 07/18/2007 |
Sample Financial Support Plans for Ministers | These two sample plans -- one for a full-time minister, one for bivocational -- will help leaders get a real-life picture of support plans. | | 18 - Sample FSP Plans.pdf (42.6 K bytes) Posted: 07/18/2007 |
Reporting to the IRS | Reporting to the IRS is necessary for churches! This helpful document walks leaders through every step of the process: from obtaining and Employer Identification Number to completing W-2 forms. | | 19 Reporting to the IRS.pdf (100.3 K bytes) Posted: 07/18/2007 |
Charitable Contributions | This worksheet covers details related to reporting, acknowledging and deducting charitable contributions. | | 21 - Charitable Contributions.pdf (25.0 K bytes) Posted: 07/18/2007 |
Basic Internal Controls for Churches | This simple worksheet/checklist walks leaders through practical, common-sense practices and procedures to insure money is handled with integrity. | | 22 - Internal Controls.pdf (30.6 K bytes) Posted: 07/18/2007 |
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