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Q: A private Christian school wants to rent some classroom space in our church facility. Will our church be subject to taxes for unrelated business income? A: Even though churches are recognized as tax-exempt organizations, they may be liable for tax on unrelated...
Q: After a plea by our church board, several members of the church donated funds specifically for the replacement of our heating and cooling system. Thankfully, a local company donated a new system, so these designated funds are not needed. Should we return these...
According to a recent study by the Association of Certified Fraud Examiners, a typical organization loses 5% of revenue to fraud each year. For a church, that would equate to losing almost three weeks of tithes and offerings. Another study by the Center for the Study...