Compensation & Benefit Services

              

Compensation and Benefit Services exists to serve lay leaders and church employees by providing guidance in a variety of financial matters.

Churches face critical decisions regarding financial matters that must be made in compliance with applicable laws and in accordance to biblical mandates. We provide consultation in matters related to retirement planning, insurance protection, tax considerations, and structure and administration of compensation for pastors and staff. We work closely with GuideStone Financial Resources of the Southern Baptist Convention to offer wise counsel that is undergirded and empowered by spiritual insight.

New mileage rates from the IRS for 2019

The IRS mileage rates for 2019 for using a vehicle for business purposes are:

  • 58 cents per mile for each business mile, up 3.5 cents from 54.5 cents for 2018.
  • 20 cents per mile to cover moving or medical purposes, up 2 cents from 18 cents
    for 2018.
  • 14 cents per mile driven for charitable organizations. This rate is set by statute and doesn’t vary.

The IRS mileage rates for 2019 apply to miles driven starting January 1, 2019.
These standard mileage rates are important because they provide small businesses with a framework for calculating deductible costs for operating a vehicle for
business purposes.

“But all things should be done decently and in order.”

1 Corinthians 14:40

How can we help you better steward your resources?

Email [email protected] or call (800) 395-5102, ext. 5637

How can we help you better steward your resources?

Email [email protected] or call (800) 395-5102, ext. 5637

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