Archive for March, 2014
There remains a strong interest and concern on the part of many individuals on just how the government intends to actually implement and collect penalties from those individuals who, for one reason or another, choose not to obtain health care coverage for themselves and their immediate family members. Consequently, a group of Republican senators recently […]
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Leave a Comment (0) →Are you a church operating in California? Then you may want to take notice of this article. A church in California has three basic options from which to choose when filing for an exemption from property tax on its “real” and “personal” property: Church Exemption – restricts the use of the property to traditional church […]
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Leave a Comment (0) →Federal tax law provides special tax benefits to nonprofit organizations, including religious organizations and churches, recognized under the tax code as exempt from income tax under code section 501(c)(3). In exchange for these unique benefits nonprofits are required to comply with a number of compliance regulations or risk penalties up to and including loss of […]
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Leave a Comment (0) →Beginning January 1, 2014, any entity with a federal employer identification number (FEIN) is asked to file Form 8822-B with the IRS to report the latest change to its “responsible” party. (It’s kind of like the statement of officers form most corporations are required to file with the State periodically to keep contact information current). […]
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