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Q: A local automobile dealer wants to provide our pastor with free use of an automobile. Can we give the dealer a contribution receipt equal to the lease payments he would have received during the same time period? A: Unfortunately, no. The automobile dealer has only...
Q: Our church paid an honorarium to a guest speaker who was not a U.S. citizen. Do we need to report the payment on a Form 1099-MISC or another form? A: Yes, the church should report the payment to the IRS, but not on a Form 1099-MISC. There are different reporting...
Q: My church board has designated 50% of my salary as a housing allowance. Is there a housing allowance maximum that ministers are not permitted to exceed? A: While the tax code does not limit the amount of a minister’s salary that may be designated as the...