Hey everyone,
I am in the early process of establishing my Church, and I have a few questions. Firstly, I understand that Churches are exempt from taxation automatically, and are not required to file a form 1023 to receive this exemption (IRS Publication 557).
1) Does this refer only to incorporated Churches, or can Churches established in a similar manner as a secular sole proprietorship be included in the exemption?
2) I found a website which states that incorporation is not required to receive tax-exemption, and it says you can file establish as a sole-proprietorship. How accurate is this statement?
3) What is required to make my Church a legal entity? (I do not want to incorporate unless absolutely necessary)
I was told my the Circuit Court clerk and by the Commissioner of the Revenue that I need to speak with an attorney, but I cannot afford consultation at this time. I am hoping that I may begin with some answers here. Thank you.
I am in the early process of establishing my Church, and I have a few questions. Firstly, I understand that Churches are exempt from taxation automatically, and are not required to file a form 1023 to receive this exemption (IRS Publication 557).
1) Does this refer only to incorporated Churches, or can Churches established in a similar manner as a secular sole proprietorship be included in the exemption?
2) I found a website which states that incorporation is not required to receive tax-exemption, and it says you can file establish as a sole-proprietorship. How accurate is this statement?
3) What is required to make my Church a legal entity? (I do not want to incorporate unless absolutely necessary)
I was told my the Circuit Court clerk and by the Commissioner of the Revenue that I need to speak with an attorney, but I cannot afford consultation at this time. I am hoping that I may begin with some answers here. Thank you.