Posted on 12/17/2019 10:46:06 AM PST by C19fan
A former investment manager alleges in a whistleblower complaint to the Internal Revenue Service that the Church of Jesus Christ of Latter-day Saints has amassed about $100 billion in accounts intended for charitable purposes, according to a copy of the complaint obtained by The Washington Post.
The confidential document, received by the IRS on Nov. 21, accuses church leaders of misleading members — and possibly breaching federal tax rules — by stockpiling their surplus donations instead of using them for charitable works. It also accuses church leaders of using the tax- exempt donations to prop up a pair of businesses.
(Excerpt) Read more at washingtonpost.com ...
Pre-tax incomes. They charge members on their gross before any taxes are taken out; they receive a bill in the mail just like a utility bill.
From what I heard a few years ago, the church quit taking the 10% to their headquarters and told local congregations to use it locally.
I guess this shows why, it appears they are awash in money, not entirely knowing what to do with it.
That’s really the least of what the LDS has taught its adherents.
Might be way Romney has been silent and biting his tongue of late.
So you gullible rubes now believe the Compost is credible? LMAOROFL.
What did Mitt know, and when did he know it?
This comes up every four or five years and as the last bunch or so trys, I am sure this will akso be false.
Calling for references here. Pretty sure that is not true.
I boarded with a Mormon family and saw them.
PS: One of the requisites to enter the Temple is to show you are up to date with your tithing, etc., by showing your receipts.
Well if it IS true then the Catholic Church must have around a gajillion dollars parked in the same manner.
“t. Is. True.
I boarded with a Mormon family and saw them.”
Let me see, there is an envelope with the local bishops name and local church maling address.
There is a reciept form for easy record keeping.
Can be handed in on sunday, or mailed for those of us who forget to ttake it with us.
When i was a Protestant we got an envelope from the church if we chose to instead of dropping it in the collection plate. If we mailed it in, we had to address the envelope.
Having a pre addresed envelope is the only difference.
And no collection plate.
Elsie, are you going to overload this posting with all your well viewed cut and pasts about The Church of Jesus Christ of Latter Day Saints?
More.
These were pre-filled in bills with specific amounts inserted and a total to be paid; the key word is: to be paid.
PS: If you were in arrears, you’d have visitors.
Fake News. I’m LDS and I pay tithing on after tax income. And NO I have never received a tithing bill.... I give because God has asked us to (read the bible)
Good. CRUSH the LDS, and perhaps it won’t spend so much money lobbying for open borders and amnesty.
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