We occasionally receive a love offering for our senior pastor or other staff members. How should we handle these gifts? The phrase ‘love offering’ does not appear in the federal income tax code or Treasury Regulations. It seldom appears in court cases. Still, love...
Clergy
How Should Ministers Report the Housing Allowance in Their W-2s?
The designated housing allowance may be reflected on Form W-2 in Box 14 with the notation, “Housing Allowance.” Though not required, this reporting method is suggested by Publication 517. Or, a church can report the designated housing allowance to a minister by...
Accounting for Mileage Reimbursements from Ministry Staff
Documentation of expenses is vital to an acceptable accountable reimbursement plan. Pre-Covid, ministry mileage driven is generally the minister’s greatest expense. Some ministers have contended that every mile they travel is in the furtherance of their ministry – and...