Minister’s Housing Allowance Update

Minister’s Housing Allowance Update

ISSUE The Minister’s Housing Allowance (I.R.C. Section 107(2)), was again deemed unconstitutional by a federal judge in 2017.  Now, the appeals process is progressing.     SITUATION Troas Bible College (TBC) is a private college exempt under Internal Revenue Code...
IRS: New! Tax Exempt Organization Search

IRS: New! Tax Exempt Organization Search

ISSUE The IRS’ venerable “Select Check” system has been replaced by “TEOS” (Tax Exempt Organization Search) a more robust product that offers something for most institutions.   SITUATION Saltwater Christian College (SCC) is a private college exempt under Internal...
What about the “Token Exception?”

What about the “Token Exception?”

ISSUE Tax-exempt organizations have a great opportunity in the fundraising arena that some institutions are not utilizing.  This is the “token exception.”   SITUATION Troas Bible College (TBC) is a private college exempt under Internal Revenue Code section 501(c)(3)...
Added Benefits to Hiring Qualified Veterans

Added Benefits to Hiring Qualified Veterans

ISSUE Tax-exempt organizations have an oft-overlooked tax credit opportunity available for hiring qualified veterans.   SITUATION Marathon Bible College (MBC) is a private college exempt under Internal Revenue Code section 501(c)(3) and 170(b)(1)(A)(ii).  They are...