Should Chuches Be Tax-Exempt?
September 2007: Economics (Volume 7 Issue 9)
[1] In 2002, the Internal Revenue Service (IRS) was involved in a lawsuit over the “parsonage exemption,” a provision in the federal tax code that allows “Ministers of the Gospel” to exclude from their taxable income the value of a parsonage or other congregation-provided housing allowance.[1] On its own initiative, the federal appellate court hearing […]