We’ve had a great launch of the Kingdom Impact 5 Podcast in July and August. In under 5 minutes, the Kingdom Impact 5 podcast takes a deep dive into a topic to help your ministry stay compliant, confident, and financially strong. From IRS regulations and payroll best practices to bookkeeping tips and tax updates, we break down what you need to know — fast.
Episode 2: Who is Clergy?
In this episode, we unpack who is considered “clergy” for tax purposes. Ultimately, the answer to that question will determine if they are allowed to claim a housing allowance.
Episode 3: How the One Big Beautiful Bill Affects Charitable Deductions?
Big changes are coming to charitable giving rules in 2026—and we’re breaking them down in under 5 minutes. Whether you itemize or take the standard deduction, the One Big Beautiful Bill Act will impact you.
Episode 4: No Tax on OT and Tips…What Your Payroll Department and Employees Need To Know.
Starting in 2025, the One Big Beautiful Bill Act introduces a major tax break for hourly workers: no federal income tax on qualified overtime pay and tips—up to $12,500 and $25,000 respectively. But before you celebrate, theses are the key details you need to understand.
Episode 5: Child Care FSA Just Got a 2026 Upgrade
The OB3 offers big news for working families in Tax Year 2026! Starting in tax year 2026, families will finally see a long-overdue increase in the Dependent Care Flexible Spending Account limit.
Episode 6: Goodbye to Tiny 1099s: Big Win for Church Bookkeepers in 2026
The last time 1099 reporting requirements were updated was in 1982. That’s changing in 2026.
Episode 7: Housing Allowance: What’s the Church’s Responsibility?
Designating a housing allowance might sound complicated, but it really just takes a little planning and one key phrase to keep things running smoothly. Whether it’s through a board motion or a simple form, making it official each year helps your pastor and your payroll stay on the right track.
Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.
This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.
For more information or if you need additional assistance, please use the contact information below.
Clergy Financial Resources
11214 86th Avenue N.
Maple Grove, MN 55369
Tel: (888) 421-0101
Fax: (888) 876-5101
Email: clientservices@clergyfinancial.com