Article Archives >> Lead Stories >> March 1-16, 2004
Preview of Article:
State Court says federal excess benefit tax standards
should be considered in determining fairness of payment
Church may consider past service in determining payment,
and is not limited to previously contracted amounts
Excerpt
The Court of Special Appeals of Maryland has told a trial court to consider the federal excess benefits tax standards in determining whether the payoff of a church pastor's home mortgage would constitute unreasonable compensation. (First Baptist Church of Friendly v. Beeson , No. 0112, Sept. Term, 2003, 2/2/04)
Article Archives >> Lead Stories >> March 1-16, 2004
