12/04/2006

Church (state) benefits

  1. Churches are automatically tax-exempt without the requirement of filing an Application for Tax Exempt Status (Form 1023). While other 501(c)(3) entities must report their financial status, activities, and compensation paid to directors and officers on an Annual Information Report (Form 990), churches are exempt from filing these annual informational returns.

  2. a church can elect to exempt its employees from FICA.

  3. any ordained, commissioned, or licensed ministers, priests, rabbis, members of a religious order, and Christian Science practitioners may elect to be exempt from self-employment taxes.

  4. Churches (and religious organizations) are exempt from federal and state unemployment taxes.

  5. ordained, commissioned, or licensed ministers, priests, or rabbis may exclude a housing allowance from their gross income,

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