Posts Tagged Nonprofit
Do you have questions about the exemption of your church or nonprofit organization? Wondering if your organization’s exemption is still valid? Have you lost (or can no longer find 😊) your federal income tax exemption determination letter? Have you been able to confirm that your organization is, in fact, exempt from income tax but need […]
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Leave a Comment (0) →I came across a brief article the other day while surfing the net looking for trends and issues affecting the nonprofit sector. I liked it because it is short, succinct, interesting and on point (at least I thought so). Here is a summarized version of what I learned. Read it for what it’s worth and […]
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Leave a Comment (0) →Every organization, including churches and other faith-based entities, are generally incorporated within their state of operation and have received special exemptions that allow them to operate without having to pay income tax on their annual earnings. Being recognized as a tax-exempt organization is a privilege however that comes with certain responsibilities. Consequently, a failure to […]
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Leave a Comment (0) →Internal Revenue Code Section (IRC Sec.) 6104 has established the guidelines by which all tax-exempt organizations classified as “public charities” are required to make certain information available for inspection by the general public. Since all religious organizations, including churches, denominations, and associations of churches fall within this category this means your ministry is subject to […]
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