CMTC

CMTC

  • 5746 Marlin Rd Ste 500
  • Chattanooga, Tennessee
  • 37411-5679

Description

CONTACT: Did you know that you are liable for Church legal violations occurring in your Church Financial Records? One person must bear the responsibility for acts carried out in the name of a church. Under what is called the "Responsible Party Provisions", you, as the Pastor, could face criminal prosecution for what your Church Treasurer, Board Members or others do without your knowledge. The IRS does not accept ignorance as an excuse. Churches MUST report Evangelists' offerings! Failure to file proper IRS forms for offerings given to guest speakers, Evangelists, professional singers, independent contractors and others could make your church liable for prosecution and fines up to $100,000 or more. One church was fined $16,000 for failure to issue 1099s and for failure to secure the social security numbers of those individuals performing a service. (Treas. Reg. 1.162-5 Coughlin vs. Commissioner 203 F2d 307) [ Home ] [ Church Tax & Law ] [ Conference Information ] [ Did You Know? ] [ Pastors - We're on your side! ] [ What You Will Learn ! ] [ Are You Guilty? ] [ Reviews ] [ True Cases ] [ Contact ]

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