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Federal Tax Exemption

Federal Tax Exemption. Group Exemption vs. Individual Church Exemption. You have Two Options…. The individual 1023 church form is 31 pages long and I will not fill it out for you here

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Federal Tax Exemption

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  1. Federal Tax Exemption Group Exemption vs. Individual Church Exemption

  2. You have Two Options… • The individual 1023 church form is 31 pages long and I will not fill it out for you here • You only need to fill out the 1023 if you are going to have a ministry other than the church; a daycare center, pre-school, store, etc. • Here is the link if you want to file for your own federal tax exemption http://www.irs.gov/pub/irs-pdf/f1023.pdf

  3. You have Two Options… • Customized letter from CSBC providing confirmation that your church has the CSBC group exemption • To qualify you must give annually to our Cooperative Program General Fund • We will give you a customized letter for any government issues you face.

  4. We will now move on to State Exemption

  5. What Questions Do You Have for Me? Rod Wiltrout Church Finance Specialist (559) 256-0858 direct line (559) 287-7840 cell rwiltrout@csbc.com www.csbc.com/financialmatters

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