Kingdom Impact 5 Podcast released two must-hear episodes in October about housing allowance. 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.
Brand New October Episodes:
Episode 11: From Hot Tubs to Air Fryers…What Really Counts as a Clergy Housing Expense?
Your housing allowance is a powerful tax benefit. Make the most of it by knowing exactly what expenses you can claim.
Episode 12: What’s The Maximum Housing Allowance I Can Take?
Why can’t a minister just designate their entire salary as housing allowance and skip paying income tax altogether?
Listener Favorites:
Episode 7: Housing Allowance: What’s the Church’s Responsibility?
Help Your Pastor Keep More of Their Pay—It’s Easier Than You Think
Episode 9: Can Our Church Withhold FICA Tax (Social Security & Medicare) From Our Pastor’s Wages?
Before you run another payroll or file another W-2, you’ll want to listen to this.
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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.
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