Churches and ministries / religious organizations are different in the eyes of the Internal Revenue Service. There are differences in the formation of the organization, annual reporting, and IRS examination techniques. This class provides in-depth coverage of a myriad of issues that distinguish the types of entities. It also provides guidance regarding the required and permissible actions of all of the entities.
The following topics are discussed in detail.
• Proper procedures for forming a church, ministry, or other religious organization
• Cost saving benefits of obtaining a group ruling
• Guidelines for establishing an organization with programs in a foreign country
• Analysis of proper preparation techniques for the challenging IRS application for tax-exempt status
• The 14 factor the test IRS uses to determine whether or not an organization is a church
• Permissible and non-permissible political activities including lobbying and partisan politics
• Impact of excess benefit transactions and the resulting large penalties
• Unrelated business income – taxable and nontaxable income situations
• Ministers – tax elections and parsonage allowances
• IRS examinations of churches
Recognize the differences between a church and other types of religious organizations.
Avoid unrelated business income tax or excess benefit transactions.
Grow an effective new religious organization through effective organization development and tax planning.
Maintain compliance with ongoing reporting of nonprofit activities.
Stuart “Stu” Sobel combines an in-depth knowledge of taxation and nonprofits with an ability to communicate clearly. A dynamic speaker, Stu seeks to help people understand the very complex world of taxation in every day terms. And he’s just the person to do it — Stu has been in the industry for 48 years. He worked in examination and high level positions at the IRS for 30 years. Following that, Stu spent nine years as the producer and host of his own nationally syndicated radio program called Wise Choices: Taxes and Charity Today. He also ran his own tax and nonprofit consulting firm for 12 years (Stuart Sobel Consulting, Inc.). He has helped create over 2,500 nonprofit organizations worldwide. His expertise on the topic of nonprofit taxation has earned him the title “The Guru of Giving.”
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