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> They pay no taxes on anything related to this office building. Was a Deacon at a church that bought a strip mall (fire sale price). They had to pay regular t
by paulryanrogers 2y ago
> They pay no taxes on anything related to this office building.
Was a Deacon at a church that bought a strip mall (fire sale price). They had to pay regular taxes on income from the other businesses. Even the church's own thrift and book sales had to collect and pay sales tax.
Perhaps that church is committing tax fraud?
- mikestew 2y agoPerhaps that church is committing tax fraud? Perhaps it’s the third-or-fourth-hand story telling.
- potato3732842 2y ago>Perhaps it’s the third-or-fourth-hand story telling. Likely after having passed through several motivated reasoning filters along the way.
- Loughla 2y agoThat church is 100% committing tax fraud. One of the non-profit colleges I worked at owned farm ground and buildings they rented out. They had to pay taxes on the rental income.
- UncleMeat 2y agoThe point is that churches are exempt from some of the oversight requirements that other tax-exempt charitable organizations have to comply with. This makes it much easier for them to commit fraud.
- KennyBlanken 2y agoChurches don't even have to maintain any financial records for the IRS. They're impossible to audit.