Is a Pastor's book allowance taxable?
Hello. I am a pastor of a church in North Carolina. In our budget is a line item for Pastor's Resource (I buy books, journals, etc.) with this.
It's not an allowance per se, but rather a budget item from which I purchase materials to aid with pastoring, sermon preparation, etc.
It is traditional for a pastor to take these books with him when he leaves a church. Therefore, is the money I spend for books considered a taxable benefit?
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