Hello,
I am a decon of a church and we want to payoff our pastors mortgage of 70-80k. I am worried that would this be a taxable event? I know that we don't want to give him the money directly but want to pay the mortgage lender directly thusly keeping him out of it. I live in Pa and want to know how to go about this so there is no tax implications on the church, considering we are tax exempt, or the pastor. Does someone have an answer?
