What types of expenses can a minister include under a housing allowance? What is the proper way to structure an allowance or revise an existing one?
With the deadline for filing federal income taxes extended to May 17, ChurchLawAndTax.com search queries and emails have generated many questions related to housing allowances.
Here are a few articles to answer some of these questions and maximize housing allowances for you or your pastor(s):
Attorney and CPA Richard Hammar’s explanatory article about parsonage and housing allowances. A sample resolution for setting a housing allowance. What to do if a board failed to designate a housing allowance for the current year.
Additionally, check out this video clip of CPA Elaine Sommerville on designating housing allowances from our Compensation Tips from a Pro playlist. Also, grab a copy of her book, Church Compensation, Second Edition, and reference chapter 11 for more guidance on allowances.
Vital coverage of critical developments, news, insights, and resources about legal and tax matters affecting churches, clergy, staff, and volunteers nationwide.
Church Law & Tax Update Delivered free via email to subscribers weekly. Subscribe to this newsletter.
