Posted by:
not logged in (usually Duffy)
(
)
Date: November 22, 2013 11:22PM
Interesting news today:
http://host.madison.com/wsj/news/local/judge-strikes-down-law-that-gives-clergy-members-tax-free/article_b8b1c816-bd2b-5f46-9d5a-68c5ad0ed39d.html" A federal judge has found unconstitutional a law that lets clergy members avoid paying income taxes on compensation that is designated part of a housing allowance.
The decision Friday by U.S. District Judge Barbara Crabb could have far-reaching financial ramifications for pastors, who currently can use the untaxed income to pay rental housing costs or the costs of home ownership, including mortgage payments and property taxes."
I suppose this doesn't affect LDS bishops or SPs because they have to provide their own housing anyway. But what about GAs and MPs?