Understanding Discretionary Funds: Guidelines for Churches
Discover how churches can use discretionary funds effectively while adhering to IRS regulations and avoiding tax pitfalls.
Exemption
How Is Rental Income Taxed for Churches?
Key considerations for churches renting facilities, including how rental income is taxed and how to protect tax-exempt status.
Exceptions to Sales Tax Exemptions
Key insights into exceptions to sales tax exemptions for churches, including when to pay and collect sales tax on transactions.
Understanding the Consequences of Losing Tax Exemption for Churches
Learn what happens if your church loses its tax-exempt status and how it could affect finances, donations, and legal protections.
Are Churches Automatically Tax-Exempt?
Are churches automatically tax-exempt? Discover the requirements and benefits of formal IRS recognition for churches.
Inurement Definition: Safeguarding Your Church’s Tax-Exempt Status
Understand the inurement definition and how it affects a church’s tax-exempt status, with examples and compliance tips for treasurers.
Sales Tax Exemption for Church Construction Projects: Understanding Roles & Responsibilities
Understanding sales tax exemptions in church construction projects is crucial for contractors and suppliers. This guide outlines key responsibilities and precautions to ensure compliance with state regulations.
Clergy Taxes: Should Ministers Revoke Their Social Security Exemption?
A guide for ministers considering whether to revoke their social security exemption based on the Tax Reform Act of 1986.