Providing expert guidance in developing functional
structures for congregations, and other faith based non-profit
organizations, in the areas of risk management, ministry coordination,
and ministry expansion.
Legal Definition of The Church ( non-profit / tax exempt)
2.
IRS Rules In Accounting
3.
1099’S AND W-2 FORMS
Most congregational leaders are NOT AWARE
of the IRS regulations and operational matters for
501 (c) 3, entities and could be subjecting themselves
to substantial penalties.
FACTS:THE MOST COMMON AREAS OF LIABILITY RISK
WITH CHURCHES ARE . . .
1.
Diverting
of designated funds
2.
Willful
failure to withhold taxes (section 6672 of the IRS)
3.
Copyright infringement: (making copies of copyright materials)
4.
Tort; “A tort is an act that causes personalinjuryorpropertydamage. Negligence: (carelessly operating a vehicle or
some otheract that causes injury or death)