The 5 Most Misunderstood Aspects of Unrelated Business Income for Churches
CPA Michael Batts provides clarity and insight on five of the most misunderstood aspects of UBIT.
Unrelated Business Income Tax (UBIT)
How Church-Run Coffee Shops, Bookstores, and Other Ventures Can Trigger Tax Liability
Seven articles to help you understand unrelated business income.
Q&A: Can a For-Profit Food Truck Make Money on Church Property?
Receiving more than $1,000 from a vendor could be considered unrelated business income.
IRS Ramping Up Its Focus on Tax-Exempt Entities
The news: “IRS auditors who focus on tax-exempt groups will be kept busy this year.
Q&A: Are Items Sold in Our Church’s Welcome Center Considered Unrelated Business Income?
What to know before stocking up on T-shirts and coffee mugs with your church logo.
Q&A: Are Proceeds From the Church Community Center Taxable?
A prime outreach opportunity raises financial, tax considerations.
When Ministry Becomes Business
How to know when a new bookstore or childcare center will attract IRS attention.
Q&A: Should We Allow Private Music Lessons on Church Property?
What to consider and why before saying “yes.”
Does Your Church Owe Taxes on Alternative Revenue?
Answers about the often misunderstood world of unrelated business income, also known as alternative revenue.
How the IRS Determines If a Church Must Pay UBIT
A look at why the unrelated business income tax exists, plus a case review that shows how the resulting tax code was applied to one church.
Q&A: Are Advertisements in an Anniversary Program Booklet Taxable Income?
Selling advertisements in your church’s anniversary program book is perfectly legal, but there are two issues you need to consider.
The IRS Tax Guide for Churches
The “Tax Guide for Churches and Religious Organizations” (the “Guide”) was updated in 2002 and
Rental Income Not Taxable, Says IRS
Though only if certain conditions are met, IRS notes.