CASE #3: IRS Takes Church’s Tax-Exempt Status

View Larger Image

CASE #3: IRS Takes Church’s Tax-Exempt Status

Recently, a church lost its tax-exempt status when its officials simply could not answer IRS questions on its financial affairs.

Does your church have the answers? The IRS has adopted new procedures for auditing the books and records of a church.

(Code Section 7611:Internal Revenue Manual, Audit 4293.4)

By Dr. Michael Chitwood|2016-06-09T15:36:16-04:00January 11th, 2015|True Cases|Comments Off

About the Author: Dr. Michael Chitwood

Dr. H. Michael Chitwood has been the Founder and CEO of Church Management and Tax Conferences for over 30 years. Dr. Chitwood has been teaching churches and nonprofits how to “Get Their House In Order” through Television, Radio, and Live Events. As a best selling author and speaker, he conducts over 200 conferences a year teaching compliance and financial accountability to over 20,000 attendees. Dr. Chitwood’s goal and lifelong calling has been to help churches and ministers become and remain compliant. He has always been led by God to help people help themselves. As an ordained minister and “The Authority” on financial matters, he has pledged his life to share his knowledge freely with men and women of the ministry. With over a hundred best-selling books, he is one of the nation’s most highly coveted public speakers.