Housing Allowance for Ministers and Religious Workers

It is now October 2012. Of course you didn't need me to remind you of that little tidbit of information, but BECAUSE it IS October, it is time to consider setting/revising your Housing Allowance for all ministers.

Often, there are changes in your cost for housing, whether you live in a parsonage or rent, or own your own home.

I would suggest you check out the many resources available both online and at your local bookstore to be sure you are in compliance with IRS regulations.

Always AVOID these type decisions based on facts and not fiction.

SPECIAL NOTE:

The minister's housing allowance is not retroactive, and MUST be set in advance. That's why it is good to think about it NOW.

Be sure to have the housing allowance set in writing and maintain a copy in your personal records.

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