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Bills recently introduced in Congress include: (1) S1797 (Thurmond)—services performed for an elementary or secondary school operated primarily for religious purposes are exempt from federal unemployment taxes; (2) S1817 (Kennedy, Pell)—would exclude from gross income interest from U.S. savings bonds transferred to an educational institution as payment of tuition and fees.

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Richard R. Hammar is an attorney, CPA and author specializing in legal and tax issues for churches and clergy.

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  • January 1, 1988

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