More StartCHURCH services you may be interested in
Next Steps for Your Ministry
After having completed the StartRIGHT Service, many churches and ministries want to continue to fortify their legal standing by obtaining supplemental, state-specific steps and further steps to specifically protect the pastor. Below are the most frequently desired next steps.
The best tax savings plan in America
What many ministers do not know is that the housing allowance is one of the best tax-saving benefits that exists for pastors, and when done right, it grants them the best tax position possible. By setting up this service the correct way, the minister is able to save thousands of dollars every year in taxes. If properly implemented, any minister can exclude home expenses from his or her income. Consider setting up this powerful service for your pastor today!
Learn moreSE Tax Exemption
One of the best decisions you can make
Applying for the self-employment tax exemption can be one of the best decisions that you can make as a minister! In fact, ministers who properly opt out of Social Security will still receive Social Security benefits when they retire, so long as they have at least 40 credits applied to their account. This is a powerful next step for many ministers as they plan for their future. Let us help you take take this important next step today.
Learn moreSave money on purchases
Getting sales tax exemption is great stewardship! Obtaining the sales tax exemption is like getting an increase in your church's budget. When you are exempt, the percentage of tax that you would normally pay (if you were not exempt) now stays in your church's checkbook. When you compare our small fee for completing the application to the amount of money your church will save year after year, you will be pleased with the value of our services, and you will wonder why you did not do this sooner!
Learn moreCompensation Agreement
Protecting the pastor's financial future
Understanding the importance of a compensation contract can sometimes be difficult. Most churches and ministries create pastoral compensation plans based only on the cash it can pay the minister, and taxes are not taken into consideration. Church boards are unaware that there is a proper way to structure compensation so that it can be earned tax-free. Learn how to ensure that your pastor or minister qualifies for the maximum benefits allowed under the law. With these benefits, the pastor can keep more of the money that he or she earns and can plan for a stable retirement, too.
We Include In Your Comensation Agreement:
- Church rights and responsibilities
- Agreement duration, renewal and termination
- Cost of living adjustments
- Deferred housing allowance plan for retirement
- Cell phone use agreement
- Pastoral professional development clause
- And much more
Funding the vision
Under Section 502 of the Internal Revenue Code, a ministry can establish a for-profit arm to help earn tax-free income by way of donations and dividends. When done correctly, a for-profit arm can give you options that will empower your church or ministry to grow. Most churches are stretching their faith by believing God for $1,000.00 in the offering just to pay church rent every month. Why not believe God for more? If you want the Lord to entrust you with a million dollars of income, you must place yourself in a position where you have no other choice but to trust HIM for a million dollars. A for-profit, ministry-owned, business is just the way to do it.
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