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He has the gift of being able to know in depth matters financial, including IRS details and changes, and being able to translate the CPA world and its requirements and value to laity and clergy alike.
Rev. Louis R. Lothman, Th.D., Director, Pastoral Counseling Services, Presbyterian Minister, Presbyterian Church (U.S.A.)
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Social Welfare Organizations: Public Input Sought for Tax Exemption Guidance
If you run a certain type of non-profit, or serve on its board, the Treasury Dept. actually wants your opinion. The IRS recently proposed new qualification requirements for “social welfare organizations” granted tax exempt status under section 501(c)(4) and it’s seeking your comments until Feb. 27. Tax-exempt social welfare organizations, such as AARP, the NAACP, […]
Does your church need more oversight?
A November 18, 2013 article in Forbes suggested that houses of worship – institutions you would expect to be staffed by people of high moral character – can become havens of fraud and embezzlement. Despite a lack of research on the topic and the contention that “as much as 95% of fraud within churches goes […]
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