This is a guest article provided by Cassidy Jakovickas, CPA at MBS Accountancy. Since being introduced in 2020, the Employee Retention Credit (ERC) has made headlines because of its lucrative potential…
Tag:
church taxation
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Do nonprofits pay taxes? In short, the answer is both yes and no. For the most part, nonprofits and churches are exempt from the majority of taxes that for-profit businesses…
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What is a 501(c)(3) church, and what are some benefits and disadvantages of a church having a 501(c)(3) tax-exempt status? This is what you need to know. When starting a…
