Image: Vasil Nazar

Key Tax Developments for 2024

A number of key tax developments in 2023 will affect church and clergy taxes in 2024.

The Editors

A number of key tax developments in 2023 will affect church and clergy taxes for 2024.

As always, the Church Law & Tax team is at the forefront of identifying, and explaining, what these important developments mean to pastors and church leaders.

Ten developments, in particular, caught our collective eye. They are:
  1. No new legal challenges to the housing allowance
  2. No changes to social security exemption revocation rules
  3. Income limits for those working after retirement in 2024
  4. Inflation adjustment for 2023 tax returns
  5. Maximum earned income credit for three or more qualifying children
  6. Simplified definition of a highly compensated employee
  7. IRS strips nonprofit of its tax-exempt status
  8. IRS calls off unannounced taxpayer visits
  9. IRS addresses inurement, intermediate sanctions, and the definition of a church
  10. IRS revokes tax-exempt status of a religious charity

Upgrade to a Church Law & Tax Advantage Membership today to:

Join our weekly newsletter queue for updates, product offerings, and the latest developments.

This content is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. "From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations." Due to the nature of the U.S. legal system, laws and regulations constantly change. The editors encourage readers to carefully search the site for all content related to the topic of interest and consult qualified local counsel to verify the status of specific statutes, laws, regulations, and precedential court holdings.

ajax-loader-largecaret-downcloseHamburger Menuicon_amazonApple PodcastsBio Iconicon_cards_grid_caretChild Abuse Reporting Laws by State IconChurchSalary Iconicon_facebookGoogle Podcastsicon_instagramLegal Library IconLegal Library Iconicon_linkedinLock IconMegaphone IconOnline Learning IconPodcast IconRecent Legal Developments IconRecommended Reading IconRSS IconSubmiticon_select-arrowSpotify IconAlaska State MapAlabama State MapArkansas State MapArizona State MapCalifornia State MapColorado State MapConnecticut State MapWashington DC State MapDelaware State MapFederal MapFlorida State MapGeorgia State MapHawaii State MapIowa State MapIdaho State MapIllinois State MapIndiana State MapKansas State MapKentucky State MapLouisiana State MapMassachusetts State MapMaryland State MapMaine State MapMichigan State MapMinnesota State MapMissouri State MapMississippi State MapMontana State MapMulti State MapNorth Carolina State MapNorth Dakota State MapNebraska State MapNew Hampshire State MapNew Jersey State MapNew Mexico IconNevada State MapNew York State MapOhio State MapOklahoma State MapOregon State MapPennsylvania State MapRhode Island State MapSouth Carolina State MapSouth Dakota State MapTennessee State MapTexas State MapUtah State MapVirginia State MapVermont State MapWashington State MapWisconsin State MapWest Virginia State MapWyoming State IconShopping Cart IconTax Calendar Iconicon_twitteryoutubepauseplay
caret-downclosefacebook-squarehamburgerinstagram-squarelinkedin-squarepauseplaytwitter-square