by admin | Oct 26, 2021 | Ministers Taxes
Who is a Minister for IRS purposes? According to the IRS, Ministers are individuals who are duly ordained, commissioned, or licensed by a religious body constituting a church or church denomination. They are given the authority to conduct religious worship, perform...
by admin | Oct 25, 2021 | Ministers Taxes
Housing Allowance Tax Benefit The minister’s housing exclusion provides one of the most significant tax benefits for those who qualify as “ministers of the gospel” under the tax law. This exclusion from income tax is available to ministers who own their own homes and...
by admin | Oct 20, 2021 | Ministers Taxes
Adopt and follow an accountable expense reimbursement plan Many ministers personally spend hundreds or thousands of dollars each year on churchrelated business expenses. For example, a minister might pay for gas while traveling on church business, registration fees...