Designating a housing allowance is a critical part of every church’s pastoral compensation package and a key tax benefit for pastors.
Respected attorney Richard Hammer asserts that the housing allowance is the most important tax benefit available to ministers. But many ministers do not take full advantage of it because they (or their tax adviser or church personnel) are not familiar with the guidelines.
What can church leaders do to help?
Consider the following guidance from Amy Artiga, founder of the website Pastor’s Wallet, as she addresses common questions related to the allowance.
Join the Next Webinar
Amy Artiga will be joining the BMA Financial team for a webinar in which we’ll go deeper into various aspects of the Ministers Housing Allowance on Wednesday, April 3rd at 3:00 CST. She has authored a book on this topic and will be sharing insights for both currently employed and retired pastors.
Mark your calendars—you don’t want to miss it!
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Steve Crawley, PhD
BMA Financial
Executive Director