Q. "If we let employees pay health care premiums with pre-tax dollars, is a 'cafeteria plan' actually required?" Answer: A cafeteria plan, governed by Section 125 of the Internal Revenue Code, is required for any ministry that allows employees to pay for certain...
In the life of a ministry, staff members often go above and beyond to serve faithfully. While most are driven by calling and mission rather than financial reward, ministries sometimes choose to offer bonuses as a way to express gratitude and encouragement. Done well,...
Clergy face some of the most complex tax situations of any profession. Dual tax status, housing allowances, self‑employment rules, parsonage issues, and ministry‑related reimbursements all require specialized knowledge—knowledge that many general tax preparers simply...