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Definition of a Minister for Federal Tax Purposes

How do you know if an individual qualifies for a housing allowance and to otherwise be treated under the law as a minister for tax purposes? The Tax Court has ruled that the following five factors must be considered when determining if an individual qualifies to be treated as a minister for tax purposes: Is […]

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Posted in: Bits & Pieces, News

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Minister & Employee Expense Reimbursements…

What you need to know to comply with current federal income tax rules and regulations A ministry, like any business, is allowed to reimburse staff for ministry expenses paid for with personal funds under either an “accountable” or “non-accountable” reimbursement plan. By law, however, expenses reimbursed under a non-accountable plan must be treated as taxable […]

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