Intermediate Sanctions
Under the new regulations of section
4958, the IRS may impose fines directly on the board of directors and
officers of the church if they new or should have known that the church
violated any of the compliance requirements of the Internal Revenue
code. These fine can be substantial and can reach $10,000.00.
Many churches are not even aware that
they have violated any IRS regulations and continue to move along
without any knowledge that all it takes for an IRS inquiry to come is
for information to be reported to the IRS that the church may be in
violation. below are some ways that an IRS inquiry comes
against a church.
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Reports made by former members of the church
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Information on the church's Website
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Failure to file informational returns such as W-2, 1099 or 941
returns.
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Paying cash to a guest speaker out of the offering
We will
show you how to get in compliance and avoid any IRS inquires. |
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