How does my online ministry become fully tax exempt?
I am starting an online organization, as well as we have been posterior taxation free standing as a non distinction organization. we live, as well as am filing, in a state of California. we have sent in a Articles of Incorporation as a "religious organization"(a church). Now, we know with form 1023 we can turn federally taxation exempt, though do not we additionally have to record with a state of california seperately to turn taxation exempt? If we have been not seeking during sum income of some-more than may be 2000 a year, afterwards is there anything we would have to record annually, bi-annually, etc…?
God Bless!
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Posted by Kid Pastor on October 7th, 2009 filed in Ministry
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October 7th, 2009 at 10:27 pm
You should have a federal EIN, even if you do not have employees. You would need to file Form SS-4 to get a number.
Exempt organizations under section 501(c)(3) still file annual tax returns. You would file Form 990 or 990-EZ.
Here’s an IRS tax guide for churches. You should read it thoroughly, you’ll find a lot of useful information.
http://www.irs.gov/charities/churches/index.html
You would also need to file Form FTB 3500 for CA tax exempt status. Here is the CA website:
http://www.ftb.ca.gov/businesses/faq/709.html
October 7th, 2009 at 10:27 pm
and why should i, as a law-abiding, nearly "free" tax-paying american give you a tax break??????????? what happened to keeping govt and religion separate??????