Originally Posted by derby_dude
Originally Posted by antelope_sniper


You set your ministry up as a part time home business.

Actually you can, not under a charitable contribution, but as a business expense.


Please pray tell how that is done because as a tax preparer I would like to know.


Actually you can, not under a charitable contribution, but as a business expense.

In addition, you can write of the cost of your housing, even if you own your own home:

http://www.jewcy.com/jewish-religion-and-beliefs/home_church_means_big_tax_breaks



Quote


Let's assume the IRS would accept your ministry as a part time business you would have to show you were running your business to turn a profit and I don't see how one could do that. There are special tax laws for minsters but minsters have to be ordained from a credited seminary and work for a 501(C)3 church. It's highly unlikely that the IRS would accept a home ministry and church as a 501(C)3 or business as the potential for profit is not there.


Collect some tithes, perform marriages for a fee, sell some holy water and blessed silver projectiles on fleebay, write it all up in a business plan.

Last edited by antelope_sniper; 10/15/14.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

You cannot over estimate the unimportance of nearly everything. John Maxwell