http://www.clergysupport.com/mixing-business-with-pleasure-can-be-good-for-you-and-your-pocket-book/ Church and Clergy Tax, Through The Lens of a Minister Fri, 17 Feb 2012 17:47:15 +0000 hourly 1 http://wordpress.org/?v=3.1.3 http://www.clergysupport.com/mixing-business-with-pleasure-can-be-good-for-you-and-your-pocket-book/comment-page-1/#comment-752 jenny Wed, 29 Jun 2011 18:49:00 +0000 http://www.clergysupport.com/?p=1338#comment-752 You are correct, only with an accountable plan are meals, as a ministry expense, completely reimbursable. That's why we strongly emphasize the advantages of a properly set up & implemented accountable plan for ministers. Don't forget the same principle in entertainment expenses at home. Every time you have a group or even an individual over for ministry or church related activities it needs to be noted on your calendar and counted if you serve refreshments or meals. So if you're not using an accountable plan, you will likely lose 50% of all those expenses. For more information see our webinar listed under Upcoming Events, "Don't let Ministry Expenses Eat Your Lunch." You are correct, only with an accountable plan are meals, as a ministry expense, completely reimbursable. That’s why we strongly emphasize the advantages of a properly set up & implemented accountable plan for ministers. Don’t forget the same principle in entertainment expenses at home. Every time you have a group or even an individual over for ministry or church related activities it needs to be noted on your calendar and counted if you serve refreshments or meals. So if you’re not using an accountable plan, you will likely lose 50% of all those expenses. For more information see our webinar listed under Upcoming Events, “Don’t let Ministry Expenses Eat Your Lunch.”

]]> http://www.clergysupport.com/mixing-business-with-pleasure-can-be-good-for-you-and-your-pocket-book/comment-page-1/#comment-749 Jeff Collins Wed, 29 Jun 2011 15:23:09 +0000 http://www.clergysupport.com/?p=1338#comment-749 Although meals are only deductible for 50%, can a church reimburse 100% of meals under an accountable plan? Does the other 50% end up taxable? Although meals are only deductible for 50%, can a church reimburse 100% of meals under an accountable plan? Does the other 50% end up taxable?

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