10 Key Tax Developments for Pastors and Churches
The latest on church tax reporting, tax filing, housing allowances, Social Security exemptions, private letter rulings, and notable court cases.
Parsonage
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Tripping Points of Pastoral Compensation
On-Demand Webinar: 7 common mistakes churches make when planning and executing church compensation.
Designating a Housing Allowance for 2023
Help for setting this important clergy benefit before the new year.
Q&A: What Are the Tax Implications of Selling a Parsonage Below Market Value to a Retiring Pastor?
This action could create taxable income in the amount by which the property's fair market value exceeds the bargain sale price.
Kentucky Court Dismisses Atheists’ Challenge to Church and Clergy Tax Provisions
Conclusion: groups lacked 'standing' in order for federal case to proceed.
Key Housing Allowance Ruling
On November 22, 2013, a federal district court judge in Wisconsin struck down the ministerial
Q&A: Too Late to Designate?
We failed to allocate a portion of our pastor's salary for housing. Is it too late to do so for this entire year?
Allocating a Housing Allowance
It costs the church nothing and saves your pastor thousands. Are you taking advantage of the No. 1 tax benefit for clergy?
Q&A: Avoiding Property Taxes
Is it legal to transfer the pastor's title to his home to our church?
Computing Your Housing Allowance Exclusion
How to estimate accurately.