As Church administrators begin the meticulous process of budget planning, the task of managing payroll, human capital, and timekeeping can seem overwhelming. At Payroll Partners, we understand the unique challenges faced by Church administrators and are dedicated to...
Housing Allowance
Understanding the Clergy Housing Allowance: A Guide to Tax Benefits for Religious Leaders
The clergy housing allowance is a significant financial benefit available to ordained ministers, pastors, and religious leaders in the United States. This unique tax provision allows eligible clergy members to exclude a portion of their compensation from federal...
Is there a standard amount for housing allowance for pastors?
There are no standard amounts for housing allowance as a whole. The IRS guidelines say to use the fair market rental value of your housing and housing expenses (i.e., gas, electric, cable, etc.). There are housing allowance worksheets to help pastors figure out the...