Forbes -
24 Nov 2013 17:39

On November 22, 2013, Judge Barbara Crabb ruled that Internal Code Section 107(2) which exempts from income tax amounts, designated as housing allowances, paid to "ministers of the gospel" is unconstitutional. Whatever you might think of the decision, you have to give Judge Crabb credit for being a gutsy lady. The decision negatively impacts tens, if not hundreds, of thousands of clergy, some of whom have a great deal of political influence. According to the Joint Committee on Taxation...
Share this Article