These are examples of sources of income that are non-taxable: Qualified love gifts (person-to-person and within limits) Cannot be solicited Must be spontaneous in nature Must be clearly ascertainable as a gift with no service attached Cannot qualify as a tax donation...
Clergy
Reimbursement Policies
Many religious organizations have made fixed sum monthly payments to their minister or other staff for a “travel or professional allowance” and do not request an accounting for how the money was spent. Allowance plans are always taxable are reported on Form W-2. It is...
Employees and Contractors and Churches…Oh My!
Before you make your musician, tech guy, or childcare worker an independent contractor, check to see if they meet this test! The Biden administration has yet to determine the test for defining employees from contractors. But they are leaning towards California’s “ABC...