Tax News you can use – Fall 2013



September 16, 2013 is the deadline for third quarter estimated tax payments.

2012 Individual Returns on Extension must be filed by October 15, 2013.

According to a recent Tax Court ruling (Rogers, TC Memo. 2013-177), pastors must formalize their housing allowance agreement with the church before any reimbursement payments are made by the church. The pastor was denied tax-free treatment of reimbursements for his mortgage payments and utility bills because there was no official agreement in place with his church.