2paradise
2confidencegames
Susie King Taylor 360x1000
10abion
1falsewitness
Maurice B Foley 360x1000
7albion
1defense
2theleastofus
7confidencegames
Storyparadox1
Lafayette and Jefferson 360x1000
1madoff
lifeinmiddlemarch2
Margaret Fuller4 360x1000
8albion'
AlexRosenberg
lifeinmiddlemarch1
Mark V Holmes 360x1000
199
2lafayette
1albion
3confidencegames
12albion
2lookingforthegoodwar
LillianFaderman
Margaret Fuller 2 360x1000
6confidencegames
Susie King Taylor2 360x1000
Ruth Bader Ginsburg 360x1000
14albion
1theleasofus
storyparadox2
George M Cohan and Lerarned Hand 360x1000
Spottswood William Robinson 360x1000
James Gould Cozzens 360x1000
Richard Posner 360x1000
Anthony McCann2 360x1000
Thomas Piketty3 360x1000
1trap
Margaret Fuller 360x1000
Betty Friedan 360x1000
Thomas Piketty1 360x1000
George F Wil...360x1000
1lauber
Margaret Fuller5 360x1000
1gucci
Edmund Burke 360x1000
Learned Hand 360x1000
Mary Ann Evans 360x1000
3albion
5confidencegames
Stormy Daniels 360x1000
Anthony McCann1 360x1000
1empireofpain
Samuel Johnson 360x1000
2albion
2defense
399
13albion
4confidencegames
Adam Gopnik 360x1000
4albion
499
2gucci
6albion
1paradide
Gilgamesh 360x1000
299
Margaret Fuller3 360x1000
storyparadox3
3defense
1confidencegames
Brendan Beehan 360x1000
11632
2falsewitness
9albion
1transcendentalist
11albion
3paradise
2jesusandjohnwayne
Maria Popova 360x1000
Tad Friend 360x1000
Thomas Piketty2 360x1000
Office of Chief Counsel 360x1000
1lafayette
1lookingforthegoodwar
1jesusandjohnwayne
2transadentilist
2trap
Margaret Fuller1 360x1000
5albion
3theleastofus
Margaret Fuller2 360x1000
Originally Published on forbes.com on July 5th,2011
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Most of my posts are based on my own review of original source material, rather than what I read in other blogs.  Since I often spend some time on the developments before I post, I’m usually not the guy to go to for breaking news.  I make exceptions, though, when, well, when I feel like making exceptions.  In this case it is because the parsonage exclusion is something I have been following pretty closely.  My most comprehensive post on the subject was titled “Work, Fight or Pray – Vestige of the Medieval in Our Tax Code” (Pretty catchy eh ?).  So I feel compelled to report this post by Reverend William Thornton.  He pointed me to this story, which indicates that a suit by The Freedom From Religion Foundation has been dropped.  They were maintaining that the parsonage exclusion violates the Establishment Clause of the First Amendment. It appears that the abandonment of the suit is based on the Supreme Court decision on the Arizona tuition tax credit, that holds that for purposes of standing to sue under the Establishment Clause, a tax credit is not equivalent to an expenditure.
The “parsonage exclusion” (Section 107 of the Internal Revenue Code) is one of the shorter sections :
In the case of a minister of the gospel, gross income does not include—
(1) the rental value of a home furnished to him as part of his compensation; or
(2) the rental allowance paid to him as part of his compensation, to the extent used by him to rent or provide a home and to the extent such allowance does not exceed the fair rental value of the home, including furnishings and appurtenances such as a garage, plus the cost of utilities
You would infer correctly from the non-inclusive language, that the section goes back to the early days of the Code.
The exclusion of a cash “rental allowance” has been an area of abuse.  I believe the IRS will be appealing the decision that allowed Phil Driscoll to exclude $195,000 in parsonage payments from his music ministry that were attributable to his second home.