Wisdom & Wealth

800.225.5849
Item #: 025b
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    Receiving cash is always a great thing – or is it when if you are a pastor or ministry? When does the IRS consider it excessive income and should be taxed? This document has been prepared with guidance from our legal department and to give you information and guidance on taxation of gifts given to ministers. This manual breaks down cash payments into its proper category: contributions, gifts, “love gifts,” honorarium payment, etc.

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