A few years ago, long time First Presidency secretary Brook P. Hales was called at the age of 62 to be a General Authority Seventy. As a secretary he would have been a paid employee of the church. After becoming a GA70, I assume he continued to receive funding.
Is this a common thing? Does the church benefit from stopping paying a person as an employee and instead give them a stipend?
https://www.churchofjesuschrist.org/lea ... s?lang=eng
Church payroll vs GA stipend
Re: Church payroll vs GA stipend
I’m not a Tax accountant but I think it would benefit both parties to put him on a stipend since he would no longer be considered a W-2 employee. It would save him from payroll tax withholdings as well as the church laying the employer portion. Although, considering the non-profit status of the church, a stipend wouldn’t matter to the church since they are tax exempt.
So yes, it’s probably a common thing.
So yes, it’s probably a common thing.
“It always devolves to Pantaloons. Always.” ~ Fluffy
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“I switched baristas” ~ Lady Gaga
“Those who do not move do not notice their chains.” ~Rosa Luxemburg
Re: Church payroll vs GA stipend
You gotta just Love the unpaid clergy !!
By their fruits ye shall know them