
The IRS may be the most feared institution on earth, but they are actually pretty lenient towards churches. You would probably be surprised at how easy it is for a church to be considered a 501(c)(3) for tax purposes.
Each June the United Methodists celebrate pastors that are retiring. I always love hearing the words of wisdom they share with us at Annual Conference.
My gift back to these retirees is a reminder of how the Housing Exclusion works in retirement. Retirees can save thousands in taxes if they understand this. Actives should know about this as well for their own tax planning.