CAROL STREAM, Ill. (WordNews.org) Feb. 9, 2017 – It can be a sometimes thorny issue: What do you pay the pastor?
Richard Hammer, author of the 2017 Church & Clergy Tax Guide, says compensation planning for ministers presents a number of unique tax issues that aren’t understood well by church leaders and their advisers. He said the three key tax considerations churches need to review when structuring compensation plans for pastors are: Salary, housing and equity allowances, and a accountable business expense reimbursement policy.
