Margaret Fuller2 360x1000
7confidencegames
Anthony McCann1 360x1000
Lafayette and Jefferson 360x1000
1jesusandjohnwayne
Mary Ann Evans 360x1000
1trap
Stormy Daniels 360x1000
Margaret Fuller 360x1000
1falsewitness
199
399
Brendan Beehan 360x1000
14albion
2albion
6albion
8albion'
1albion
3theleastofus
Thomas Piketty2 360x1000
4confidencegames
Storyparadox1
2defense
Thomas Piketty1 360x1000
1theleasofus
James Gould Cozzens 360x1000
1confidencegames
storyparadox2
1paradide
1lauber
12albion
10abion
11632
7albion
Tad Friend 360x1000
Ruth Bader Ginsburg 360x1000
6confidencegames
Spottswood William Robinson 360x1000
13albion
AlexRosenberg
2theleastofus
LillianFaderman
3albion
2trap
1defense
Anthony McCann2 360x1000
2paradise
Susie King Taylor2 360x1000
Gilgamesh 360x1000
2lookingforthegoodwar
Margaret Fuller1 360x1000
1lafayette
Adam Gopnik 360x1000
1lookingforthegoodwar
5confidencegames
Thomas Piketty3 360x1000
Margaret Fuller4 360x1000
Edmund Burke 360x1000
2confidencegames
Maurice B Foley 360x1000
3defense
9albion
Margaret Fuller 2 360x1000
2falsewitness
George M Cohan and Lerarned Hand 360x1000
11albion
Margaret Fuller3 360x1000
1madoff
Mark V Holmes 360x1000
Learned Hand 360x1000
Richard Posner 360x1000
George F Wil...360x1000
Margaret Fuller5 360x1000
1transcendentalist
1empireofpain
Maria Popova 360x1000
storyparadox3
Susie King Taylor 360x1000
3paradise
2lafayette
lifeinmiddlemarch2
5albion
2gucci
4albion
3confidencegames
499
lifeinmiddlemarch1
299
2jesusandjohnwayne
Samuel Johnson 360x1000
1gucci
2transadentilist
Office of Chief Counsel 360x1000
Betty Friedan 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.