All Posts By Amy

Is The Sky Really Falling? The Truth About What Is Going On With The Markets & Economy

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Today and tomorrow people all around the world are celebrating the fact that the creator of the universe found it worthwhile to come to Earth in human form to give us a chance at a relationship with him.

 

In light of this mind-blowing truth, you really have no reason to worry about anything that I am going to write about in this article. None of it really matters in light of eternity. However, with all of the media headlines these days, I thought you might appreciate an unbiased overview of what is going on with the markets and economy these days.

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How A Parsonage Allowance Works

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There are two kinds of ministerial housing allowances here in the US. The parsonage allowance is for those living in church-owned housing. The cash housing (or rental) allowance is for those who provide their own housing.

 

Today, I want to go deeper into the parsonage allowance. Though parsonages are slowly becoming a thing of the past, many pastors still live in them. For those pastors, it is important to understand the different features of the IRS’s parsonage allowance.

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