Browsing Category
Florida Baptist Financial Services
Constitutionality of Minister’s Housing Allowance Upheld
A three-judge panel of the Seventh Circuit Court of Appeals in Chicago ruled that the minister’s housing allowance is constitutional under two landmark legal precedents, reversing…
Read More...
Read More...
How pastors sabotage their financial well being
People who answer God’s call to the ministry don’t always consider financial know-how to be one of their job descriptions. But too little financial knowledge can cause ministers to…
Read More...
Read More...
How Long Should We Keep Church Records-Summary
Create a records retention policy based on applicable legal and administrative considerations.
Key factors to consider in developing a records retention policy:
Establish…
Read More...
Read More...
Church Records Retention: Keep These 1-3 Years
The following suggested retention periods (1-3 years) are based on legal requirements as well as practical considerations:
1-Year
Meeting notices
Receiving sheets…
Read More...
Read More...
Church Records Retention: Keep These for 7-10 Years
The following suggested retention periods (7-10 years) are based on legal requirements as well as practical considerations:
7-Years
1096 and 1099 forms
941 and 944…
Read More...
Read More...
Church Records Retention: Keep These Permanently
The following suggested retention period (permanently) is based on legal requirements as well as practical considerations:
Accident reports and claims
Annual budgets…
Read More...
Read More...
Use of Church Facilities Assets and Resources
At the February 2015 State Board of Missions meeting, legal counsel for the Convention was asked to provide a form bylaw provision that could be used by Baptist churches around…
Read More...
Read More...