Archive for the ‘housing allowance’ Category

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December 14th, 2009 By: Richard


Post image for Tax Considerations For Ministers

Since church ministers are in a unique tax situation it is important for all ministers to understand their unique tax situation.  When you work and earn an income you will need to pay taxes.  We should pay unto Caesar what belongs to Caesar, but if Caesar is offering you a tax break you should be sure you take every tax benefit.

Housing Allowance:

The biggest tax benefit for ministers is the housing allowance.  Every ministers should have a portion of his or her income designated as housing allowance.

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