Ministers who start nonprofit organizations enjoy privileges that other groups do not, but with this special treatment comes specific IRS obligations that must be adhered to. This step-by-step resource is an essential tax reference for any minister and their nonprofit organization.
Topics in the guide include:
- Non-profit bookkeeping
- Rules and regulations for charitable giving
- Restrictions on lobbying and any political activity
- Conflicts of interest and rules on compensation
- Detailed overview and instruction on IRS form 990 and 990-EZ.
Whether you are a seasoned operator of a non-profit, or are just starting out, this comprehensive tax resource will walk you through all the key areas to understand when prepping and filing taxes.
Note: this guide is not intended to substitute for professional legal or accounting assistance.