Experts say the parsonage allowance was originally included as a way to minimize taxes on clergy members, whose compensation was often meager. It still is widely used for that purpose, church officials said, although the IRS doesn’t track usage of … Continue reading (WSJ) Tax Code Provision for Clergy Questioned
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(WSJ) Tax Code Provision for Clergy Questioned
Experts say the parsonage allowance was originally included as a way to minimize taxes on clergy members, whose compensation was often meager. It still is widely used for that purpose, church officials said, although the IRS doesn’t track usage of … Continue reading (WSJ) Tax Code Provision for Clergy Questioned