Pastors are eager to share the powerful truths of God’s word with the world. Pastors are eager gently and lovingly to rebuke and encourage the brothers and sisters in Christ who are part of their Christian family. Pastors are also eager to honor God in every aspect of their life, including in their interaction with the government.

The apostle Paul, as he was sharing God’s truth with his Roman brothers and sisters, wrote, “Give to everyone what you owe them: If you owe taxes, pay taxes; if revenue, then revenue; if respect, then respect; if honor, then honor” (Romans 13:7). Wisconsin Lutheran Seminary presents seminars each year for all our students, helping them understand how to carry out financial responsibilities to government specifically as well as for life in general.

All Americans have tax responsibility. Ministers of the gospel have tax rules that are unique to them. In some ways they are treated like workers who are self-employed. In other ways they are treated like a traditional employee who works for someone else. Social security rules are slightly different for pastors. Special deductions are allowed for purchases that support providing, furnishing, and caring for a home.

In addition to unique tax rules, there are more general tax rules that have specific applications to situations for pastors. How does one report money received in appreciation for conducting a wedding? If a congregation pays a pastor money for mileage, is there any part of that mileage expense that can still be deducted? While still a student, are scholarships ever taxable? If a grandma gives you a graduation gift, should you buy new theological books before or after you begin serving in your new congregation? Which tax rules affect a pastor’s plan to save for retirement?

Tax law can feel overwhelming. A basic sense of the rules equips pastors to honor the Lord by honoring their government.

Financial seminars do not only touch on tax issues. Students explore the benefits of a budget, address debt, and learn about credit scores. Seminars discuss the purchasing of a home, the buying of a car, and the types of insurance available. Students consider basic investment strategies, key features of retirement planning, and the importance of wills and medical directives.

While so many aspects of earthly living are the focus, a constant theme runs through them all. Managing money is not an end in itself. We manage money because we want to be good stewards of all that God has given. Our goal is not outward earthly success. We want to make the most of all the opportunities God gives, being generous and eager to share. Our intent is not to take advantage of the government. We are grateful for the blessings God brings through government and appreciate the incentives the government offers. Our end game is not simply financial stability. When finances are well managed, a pastor treasures the freedom to focus even more on what matters most, that eternal treasure to be enjoyed and shared.

Pastors are eager to seek first God’s kingdom. They have the privilege of doing that as members of an earthly kingdom. May God help all of us be good managers of earthly matters, finding joy in pursuing eternal goals even with temporary things.

Steve Geiger serves as vice president and financial aid officer of the seminary, and he teaches courses in New Testament and education.