While ministers are employees for federal income tax reporting purposes, they are self-employed for Social Security purposes with respect to services they perform in the exercise of their ministry. This means that they must pay both the employee and the employer share...
Clergy
10 tips for pastors looking to retire soon
With the aging of the Boomer generation, pastors are retiring every day. I hear from a pastor almost every week who has recently retired or is considering retirement. Over the past few years, our conversations have become somewhat predictable and consistent. The...
Payroll Partners Announces Ministry Partnership with the General Council on Finance and Administration of the United Methodist Church
Arlington, Texas – Payroll Partners has now become The General Council on Finance and Administration’s (GCFA) latest Ministry Partner. From cost-saving software to discount programs, GCFA curates a Ministry Partner Program for the benefit of churches and members of...