Structuring Pastoral Compensation: A practical guide for blessing your pastor: Volume 2 (BrokePastor Library) - Softcover

Potts, S. L.

Softcover

ISBN 10: 099947376X ISBN 13: 9780999473764

Publisher: BrokePastor Press, 2017

Synopsis

Structuring Pastoral Compensation: A Practical Guide for Blessing Your Pastor by S.L. Potts is an essential resource for church leaders—elders, deacons, trustees, and committee members—who seek to honor their pastors through thoughtful and effective compensation planning. This 132-page guide offers practical insights into creating compensation packages that not only meet legal and financial standards but also reflect the value and dedication of pastoral leadership.

Potts addresses common challenges such as balancing church budgets with fair remuneration, understanding tax implications, and navigating benefits like housing allowances and retirement plans. The book emphasizes the importance of transparency, communication, and alignment with biblical principles in structuring compensation. By providing real-world examples and actionable steps, Potts empowers church leaders to make informed decisions that bless their pastors and foster healthy church dynamics.

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"This practical and easy-to-understand guide is an essential resource for pastors, ministers, and church leaders who want clarity on clergy taxes, housing allowance, compensation packages, retirement planning, and financial stewardship. Packed with valuable information about IRS rules for ministers, church payroll guidelines, self-employment tax, Social Security, health benefits, and tax deductions, this book provides pastors with the knowledge they need to manage their income wisely, maximize tax savings, and avoid costly mistakes. Perfect for new pastors, seasoned ministers, church treasurers, seminary students, and anyone handling clergy finances, this best-selling resource helps simplify complex tax laws, strengthen financial confidence, and ensure faithful stewardship of church resources."

About this title

About the Author

Stacy Potts is a pastor, author, and consultant specializing in pastoral compensation and church finance issues. He lives in Virginia Beach, VA, with his wife, Jamie, and their two children, Nathaniel and Hannah.

Edition details

• Publisher: BrokePastor Press
• Publication date: 2017
• Language: English
• ISBN 10: 099947376X
• ISBN 13: 9780999473764
• Binding: Paperback
• Number of pages: 132