Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Dilbert San Diego
Any half-@ssed CPA can turn a church into a taxable corporation that has $0 in taxable income.

If you made it worth my while, I could come into your church and not only do this, but make sure I get half your congregation qualified for Social Security disability payments, get most of them qualified for food stamps and free school lunches, and turn the entire neighborhood around your church into subsidized Section 8 housing for your own congregation.

25 posted on 06/29/2015 2:53:49 PM PDT by Alberta's Child ("It doesn't work for me. I gotta have more cowbell!")
[ Post Reply | Private Reply | To 20 | View Replies ]


To: Alberta's Child

I don’t know the ins and outs of tax law. But I think churches may start doing what you mention here, to stay within the law but also have zero taxable income .


28 posted on 06/29/2015 2:56:31 PM PDT by Dilbert San Diego
[ Post Reply | Private Reply | To 25 | View Replies ]

To: Alberta's Child

LOL. Love it and I have no doubt it’s possible. Sometimes the only way to beat them is to play by their rules.


64 posted on 06/29/2015 5:25:42 PM PDT by joebobsr
[ Post Reply | Private Reply | To 25 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson