Tag: tax deductions

  • 2 Housing Allowance Tips

    2 Housing Allowance Tips

    As you plan for life and ministry in the coming year, use these 2 housing allowance tips to save the most on your taxes: #1 Create a Good System You need to have receipts to prove your expenses come tax time. Hopefully the IRS will never ask for them (yeah, that would be an audit), […]

  • Avoid this Pastoral Housing Allowance Penalty

    Avoid this Pastoral Housing Allowance Penalty

    The pastoral housing allowance can be a great tax deduction for pastors. But if you don’t prepare for the surprise swap up on your taxes, you may end up paying a housing allowance penalty. I have seen church planters fall prey to this and wind up with a huge tax bill come April. To be […]

  • Free Housing Allowance Calculator

    Free Housing Allowance Calculator

    Setting a Pastoral Housing Allowance continues to be one of the more confusing things to figure out for church planters. Below is a Free Housing Allowance Calculator that should help. First, some important things you need to keep in mind: The Rules You have to be an ordained, licensed or commissioned pastor You have to […]