Podcast Episode #421
The ministers’ housing allowance is an oft misunderstood benefit. Today, we discuss the future of the housing allowance and if/when it might go away.
Some highlights from today’s episode include:
- Churches have moved away from providing parsonages for pastors.
- Ultimately, I believe the ministers’ housing allowance will be ruled on by the Supreme Court.
- If you’re getting a minsters’ housing allowance right now, I encourage you to live like you’re not—because it will eventually go away.
- The housing allowance is the most amazing tax benefit ministers get.
The seven factors we cover are:
- Understanding the background of the housing allowance
- The status in the court system
- Incumbent upon the minister to be prepared
- Review of the package versus pay
- Most churches cannot or will not make up lost income
- Begin preparing now as if it goes away
- It’s ultimately about trusting God, not the tax code
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