If pastor receives designated contributions thru payroll is it tax deductible to the donor?
We have a pastor who has officially resigned and moved. Some of the congregation has pledged to donate money weekly through the end of 12/31/10 as part of his "severance package". This has been ok'd by the deacon board. My question is this: If we run this money through payroll "thus making it taxable income to the pastor", is the donations tax deductible to the donors?
Know the answer? Face the same situation? Please post your answer or comment by using the "comment" link below. Thank you!