Fund for Robes and Training.
by Imani
My church has a special Pastor's Trust (or fund) for his robes and training. Is this taxable? Can it be a church expense item? It comes with his regular monthly salary, is that a problem? Answer Yes, according to the book: Clergy Tax: For 2008 Returns  written by J. David Epstein, Tax Attorney, a travel and clothing allowance is taxable to a minister. However, he can deduct those expenses on his personal return.You may want to consult a CPA on a better way to purchase or reimburse for those items such as an employee reimbursement plan. Hope this helps.  Church Accounting Package www.freechurchaccounting.com |
Church Accounting Package
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