Inflation Affecting Housing Allowances? Here’s How to Fix It
We’re all feeling the pinch of inflation.
The surge in prices is likely affecting ministers with housing or parsonage allowances. Since those allowances got set in late 2021, there’s a good chance ministers underestimated their actual expenses—and now are getting hit financially as we near the midway point of 2022.
There’s good news, though. Churches can amend these allowances at any time.
Attorney and senior editor Richard Hammar delves deeper into how to amend an allowance in a Q&A. Take a few minutes to read how the process works. And for more guidance on housing allowances, check out Church Law & Tax’s Recommended Reading page.
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