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re: A little nugget about this same sex marriage bill
Posted on 11/29/22 at 8:35 pm to Mickey Goldmill
Posted on 11/29/22 at 8:35 pm to Mickey Goldmill
what benefit does a church obtain through tax exempt status. I have never known a for profit church. Almost all consider themselves successful if income matches cash outflow. so it's not an organization income tax credit of any consequence.
Very few donors give enough to have an impact on their personal tax return, so there would seem to be little tax exempt status purpose there
Church staff all get w-2's and have to file their own returns .
Why does a church want tax exempt status?
Posted on 11/29/22 at 9:01 pm to Trevaylin
quote:
what benefit does a church obtain through tax exempt status
it makes individual donations to the church tax deductible.
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