Home
Prayer for Husband
Support
Accounting Packages Church Accounting
Accounting  eBook
Contribution eBook
Blogs Site Blog
Free Stuff Free Newsletter
Free Spreadsheets
Spreadsheet Reviews
Customize Sheets
Freebies
Accounting Definitions
Basic Accounting
Fund Accounting
Petty Cash Account
Financial Statements
Church Software
Questions/Comments
Contributions Contributions
Annual Statement
Non-Cash Receipt
Love Offerings
Gift to Individual
Membership Software Shepherdbase
Churchtrac
Administration  Church Budget
Audits
Internal Controls
Staff
Reimb Expenses
Tax Exempt Status
Records Retention
Track Receipts
Clergy/Minister Clergy Tax
Housing Allowance
Fringe Benefits
Percentage Pay
Employee or Not
Ministers W-2
Estimated Taxes
Opt Out SS
Payroll Payroll Set Up
W-2/W-3
1099-MISC
Form 941
Annual To-Do List
Misc. QuickBooks
Cut Back Tips
Office Supplies
Budget Tips
Fundraiser Tips
Appreciation
Resources Church Web Site
Resources/Links
SiteSearch
Information About Me
Contact Me
Terms of Use
FAQ
[?] Subscribe To This Site

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines

PAYROLL SALARY FOR MINISTER

IF THE CHURCH REQUESTED A GRANT SUBSIDY AND RECIEVED A PORTION OF IT FOR THE MINISTERS GAS, EDUCATION, BOOKS AND STIPEND CAN THE MINISTERS SALARY BE DEDUCTED FROM THIS GRANT.

Know the answer? Face the same situation? Please post your answer or comment by using the "comment" link below. Thank you!




Comments for
PAYROLL SALARY FOR MINISTER

Average Rating starstarstarstarstar

Click here to add your own comments

Aug 01, 2010
Rating
starstarstarstar
Payments from Grant Funds
by: Marcus in Texas

Seems to me that it would all depend upon the source of the grant funds and the rules, regulations and guidelines (in other words, the "strings" that are attached) of the granting agency or entity. Information needed to answer this question should be clearly spelled out in these rules, regulations and guidelines. Agencies making grants typically provide such information in the documents supporting / accompanying the grant. Violating the terms of the grant could eventually mean that the grant recipients would be required to return the money to the granting agency or entity.

Mar 14, 2011
Rating
starstarstarstarstar
Use of grant funds for administrative expenses
by: Anonymous

Typically grants notifications will specify whether the grantee can use a portion of the grant for administrative fees or indirect costs. In such cases the grantee is requested to itemize those amounts in its budget that is sent with the grant application. When this is the case it is OK to deduct such expenses up to the ceiling specified in the grant and included in the budget.

Be sure to keep a record of how the grant funds were used for audit purposes.

Linda Jafari, MPA

Click here to add your own comments

Join in and write your own page! It's easy to do. How?
Simply click here to return to Clergy Tax Q&A



 

Custom Search

Church Accounting Package

Church Accounting Package

  • Want to learn some basic church accounting basics?
  • Need to know how to fill out a noncash donation receipt?
  • How about some tips on setting up a fund accounting system?

Click here for details


Testimonies

Would Highly Recommend. Took the mystery out of Church Accounting for me ...more...

Excellent Book! I highly recommend these books. They are a necessity, WRITTEN IN PLAIN ENGLISH!
Errol James

Real Eye Opener. Not knowing a thing about church finances, this was a real eye opener and a great way to get us started ...more...

Very Helpful and Detailed I would recommend these books to everyone, I am from Canada and would also recommend it to all of the Canadian people involved in the Finance part of the church. Very helpful and detailed. A must get!! ...more...

more testimonies on bottom of this page...


Small business accounting software




Free Accounting Spreadsheets

when you...

Subcribe to my free newsletter: Stewardship


Testimonies

Your spreadsheets work wonderful-I have Pastored for 17 years in 3 different churches, and this is the best and easiest finance program for the Church that I have seen yet!
Pastor Tim

Thank you so much for sharing your spreadsheets! I expect the Lord will reward you in heaven for helping those of us that needed some quick help...more...
Darla

Free Spreadsheets I've downloaded several of your spreadsheets and I had no problem with them. They have helped me to keep better records, also they are well structured professionally... more...
Mary

The free accounting spreadsheets were a life saver. I was able to immediately start using them and they saved me more time than I could ever imagine being able to save! I'm now organized!... more...

more testimonies...


Recommended Products





Shoeboxed Works Great With Evernote


Bookkeeper 2011