Sabbatical payments made to a minister are generally treated by the Internal Revenue Service (IRS) as taxable compensation rather than exempt benefits. Although sabbaticals are often intended for rest, study, or renewal, the IRS views the payments as primarily...
Clergy
The Match Game for 403(b)(9) Retirement Plans
The Match Game show started on December 31, 1962. The premise of the show was simple. The contestant with the most matching answers with the celebrity panelists won the game and moved on to the “big money round”. Contestant or celebrity, there is another match game...
Housing Allowance Checklist for Clergy and Churches
Board Approval Ministers may exclude a designated portion of their income as a housing allowance from federal income taxes—provided it compensates ministerial services. The church board (or governing body) must determine eligibility and formally approve the allowance...


