Featured Do Pastors pay the income tax in U.S. and in Canada?

Tax sheltering is an interesting subject, especially in the world of religion. The vatican seems to be the best at accumulation off wealth while preaching vows of poverty. Hush money payments have taken a serious toll as of lately. However, they are still in contention for being the best at filthy lucre.

The assets of Deseret, of Salt Lake LDS, make an interesting study in the net worth of the tax exempt.

Then there are the televangelists.

Invest in red ink futures.

Some one has got to pay the bills folks. Maybe we can sell defunct manufacturing facilities to the Chinese. Perhaps we could figure out how to get marijuana fumes in a spray can.

It all belongs to God. We will be giving an account of every dollar, worthless or not.

Even so, come, Lord, Jesus.

Bro. James

 

Legally, a lot of pastors don't report everything they are supposed to. But yes, they pay income taxes in the US.

Pastors are able to opt out of social security if they so wish. But once they opt out, they can never opt back in, and can never receive social security benefits.

To explain my first sentence, the way it was explained to me by a tax preparer, is that any form of income due to being a pastor/evangelist is supposed to be reported. And this includes tangible benefits that aren't actually money.

For instance, if one is bought a suit by a church, then they are supposed to report that. If they are provided a place to live, they are to report that.

That's how it was explained to me, anyway. If it is still that way, I believe it is a little overkill, and frankly, basically impossible to keep track of.

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Huh? The word Elders does not appear in "1 Tim :3"

Anyway, what many churches do in the U.S. is pay out much of their ministers' wages as 'housing allowance' which escapes taxation.

Southern Baptist financial advisor bureaucrats explaining how it's done:

www.guidestone.org/housingallowance#51AD74B4D4F64FBAB236BBF8FBEB5AAB

 

That's pretty much what we do.

 

We may have to re-define what it means to be squeaky-clean honest. It also helps to understand: "All have sinned and come short of the glory of God. There are none righteous not one." There is a blurry line between income tax avoidance and income tax evasion. This is not a problem if one has enough assets to hire the right tax lawyer. Has our C of C ever disclosed his 1040s?

It is interesting to see what happens when one submits a written confession for having used company pens, paper and copy machines for personal use--also making an offer of restitution.

The definition of sin seems to change with every generation. It is a sobering thought: we will be giving an account of everything we have ever done--with Caesar and with God. Our country is in serious need of real repentance. "Judgement must begin at the House of God." Now what?

Even so, come, Lord Jesus.

Bro. James

 

https://www1.salary.com/Pastor-Salaries.html


What is the average annual salary for Pastor?

How much does a Pastor make? The median annual Pastor salary is $93,154, as of October 30, 2017, with a range usually between $76,557-$105,579, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Pastor in the United States.



The national average salary for a Catholic Priest is $33,420 in United States. Filter by location to see Catholic Priest salaries in your area. Salary estimates are based on salaries submitted anonymously to Glassdoor by Catholic Priest employees.

 

Thank you for the clarification. I haven't been a pastor in a long time, and want making enough to worry about it when I was!

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My reference was not about the salary of a priest. The reference is to the assets of the Vatican--gold, silver, paintings, books, property, stock investments and other tangible items which could be sold to help the poor.

Bro. James

 

Sound just like Judas Iscariot.

John 12

3Mary then took a pound of very costly perfume of pure nard, and anointed the feet of Jesus and wiped His feet with her hair; and the house was filled with the fragrance of the perfume. 4But Judas Iscariot, one of His disciples, who was intending to betray Him, said, 5“Why was this perfume not sold for three hundred denarii and given to poor people?” 6Now he said this, not because he was concerned about the poor, but because he was a thief, and as he had the money box, he used to pilfer what was put into it. 7Therefore Jesus said, “Let her alone, so that she may keep it for the day of My burial.8“For you always have the poor with you, but you do not always have Me.”


All of which is priceless is because it is Catholic.
Catholic decides to paint a ceiling.....priceless ceiling.
In fact Catholic treasure is so good it draws income from all the tourism which pays for poor people.

We have been the longest standing charity. We have never heard of you guys.

You can feed every hungry person in the world right now, if you wanted to, SINCERELY.

Treating God like the most useless help is the problem not everyone having more money then you.