Articles for tag: Tom Burbrink

When Personal Finances Strangle Ministry

By Tom Burbrink, Kim Robinette, and Karen Isaacs People of all stripes have difficulty with personal finances, but it can be even more challenging for ministers. A minister’s life is an open book; his salary might be public knowledge. When a minister struggles with personal finances, it impacts his effectiveness and can even cause him to leave the pulpit. Some of the best ministers are terrible at handling their personal finances. Contributing factors include: A lack of financial training in seminary Absence of teaching on how to keep simple records of ministry expenses An unavailability of people with whom to

Some Churches Might Qualify for Tax Refunds

By Jennifer Taylor Tom Burbrink believes tens of thousands of dollars in tax refunds are available to churches””maybe even yours! Burbrink, a tax professional specializing in service to churches and ministers, has researched the issue in light of changes made by the Affordable Care Act. The act provides federal tax refunds to small employers, and many churches and church organizations are eligible even though they pay no income taxes. To qualify for the refund, a church must have a group medical insurance plan, must pay at least 50 percent of the premium, and must offer the plan to all full-time

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