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Religious Tax Reclassification for Public Charities
April 28, 2022
Churches, synagogues, mosques, temples, and other houses of worship have long enjoyed Section 501(c)(3) public charity status, with resulting exemption from IRS Form 990 filings, availability of clergy housing allowances, and religious liberty protections. When, why, and how should other faith-based organizations affirmatively seek IRS reclassification as a “church” – or as an “association of churches” or “mission society” – with similar tax and other legal benefits? The following article addresses such questions extensively, including applicable tax considerations, corporate governance aspects, legal requirements for housing allowance, employment discrimination aspects, and other resulting implications. We hope this deep-dive guidance will help those who are interested in religious tax reclassification. This article was co-authored by W&O Partners Sally Wagenmaker, Ryan Oberly, and Paul Winters and was previously published in Thomson Reuters’ Taxation of Exempts Journal (Jan./Feb. 2022)
NONPROFIT LAW NEWSFEED
Gov. Youngkin Signs Bill Protecting Donor Privacy
05/16/2022
The Roanoke Star In recent years, “cancel culture” has targeted many individuals, businesses, and organizations with the intention of silencing them into submission.
Lawsuit Challenges IN Law Restricting Charitable Bail Funds
05/13/2022
Public News Service The state of Indiana is facing a lawsuit over a new law placing restrictions on charitable bail funds.