Sentences with phrase «exempt status if»

For instance, your charitable organization may be able to gain a tax - exempt status if you meet conditions set forth in section 501 (c)(3) of the Internal Revenue Code and maintain specific documents.

Former RNC chairman and senate candidate Ed Gillespie launched a new ad on Monday criticizing incumbent Mark Warner (D., Va.) for refusing to fight a bill in the U.S. Senate that would revoke the NFL's tax - exempt status if the Washington Redskins keep their name.

Some members of Congress had threatened to revoke the NFL's tax - exempt status if the league failed to force the Redskins and owner Daniel Snyder to take action.

That means that doctrinal provisions of religious schools «may not be enough to fend off IRS challenges to tax - exempt status if the IRS or the courts conclude that the right of same - sex couples to marry is a fundamental and compelling public policy,» he wrote.

Pulpit Freedom Sunday, an annual event organized by the Alliance Defending Freedom (formerly the Alliance Defense Fund), flaunts an IRS tax code restriction stating that churches risk their tax - exempt status if they endorse specific political candidates or positions on ballot issues.

In addition, NFPs are in danger of losing their tax - exempt status if they are too financially successful and their accumulated profits go beyond what the CRA believes is required to operate the NFP or if such accumulated profits are for the purpose of funding future capital projects.

NFPs will lose their tax - exempt status if income is payable to or available for the benefit of members or shareholders, or if the entity has the ability to declare or pay dividends.

Not exact matches

If the church were to have its tax - exempt status revoked, there would be no pressure by stakeholders to spend income efficiently.

Obama acknowledged that people are properly concerned about acknowledgements from the IRS that conservative political groups were targeted during the 2012 campaign to see if they were violating their tax - exempt status.

You might also ask, If the Vatican wants to weigh in on National Healthcare at a politcal level, why should we keep extending them tax - exempt status.

Religion needs to get out of politics, and if they can't, they need to lose their tax exempt status.

Therefore, if a church is not engaging in charitable service in the community, it is reasonable to ask them to surrender their tax - exempt status.

They suggested three ways in which RFRA might conceivably be interpreted (misinterpreted, really) to create bad consequences: (1) to give a church's opponents legal «standing» (a technical term meaning the right to sue) to challenge the church's tax - exempt status; (2) to allow taxpayers to claim their free exercise rights would be violated if a religiously affiliated organization receives government assistance under a secular program; and, most importantly, (3) to allow pro-abortion plaintiffs to claim a free exercise right to abortion if Roe v. Wade is overruled and states enact anti-abortion laws.

Whatever the church would be paying in taxes if they did not have tax - exempt status.

If I were god — I would take all the catholic church properties and either revoke their tax exempt status or turn them into homeless shelters.

Blame government if any for allowing churches to run as businesses under the 501 3c tax exempt status and government intertwining themselves with corporate cronyism.

These people would not allow any religion but Christianity to be seen in a good light if taught in classes in the USA, when history proves that, Christianity is the reason so many people in the USA have been motivated to lynch black people, make gays second class citizens, fought against woman being allowed to vote, hunted down and killed others from different denominations, force all other's to pay for their «work» whether in the USA or around the world through tax exempt status, gifts or «Faith - based initiatives».

«It is not difficult to imagine what would happen if we suddenly allowed churches to engage in political activity and retain their current tax - exempt status,» Arizona State University Law professor Adam Chodorow wrote for Slate.

If they keep wanting to play politics they should have there tax exempted status taken away.

While the ushers worked the minister spoke: «If I were to tell you who to vote for, then we could lose our tax - exempt status — But I will say this... This handout lists the candidates in our area on the left side and their record on abortion on the right.

«During the oral arguments last month before the Supreme Court, Justice Alito asked the Solicitor General (who was arguing that same - sex couples have a constitutional right to marry) if the Bob Jones University ruling would result in the loss of tax - exempt status of any religious school that opposed same - sex marriage.

The fact that nobody got up and pointed out this «man of God» was essentially proposing to put people in concentration camps is proof that we need psychological evaluations to be mandatory for all employees (paid or unpaid) of churches if they want to keep their tax exempt status.

If there is an inherent «right to marriage» for same - sex couples, religious groups that refuse to marry gay couples are violating their civil rights, which in turn could lead to a repeal of the churches» tax exempt status» or a complete overturn in our law and culture of the religious understanding of marriage as a union between a man and a woman.

But, if a stand is taken on a political activity (i.e. supporting a candidate, lobbying a government official, etc.) the church risks its tax exempt status.

If all these Black Churches are going to start voiceing their political beliefs, then its time for the government to take away their tax exempt status...

If the pastor expresses a viewpoint with which one disagrees then those individuals want to see the tax exempt status of that church revoked.

If the Mormons become actively involved in the political campaign, the Church of Latter Day Saints should lose its tax - exempt status.

james, stop showing your ignorance... there is nothing ethically wrong with a church expressing political views (especially when they are in SUPPORT of the administration in charge)... however the only way they could lose their exempt status is if they started breaking federal tax exemption laws... which they have not... so stuff it.

But IF the Mormon church officially endorses this they should have their tax exempt status IMMEDIATELY revoked.

If you want to take away tax exempt status of churches for expressing their views, then you also need to do the same for secular nonprofits who are outspoken in their political activism.

WAIT WAIT WAIT WAIT — «Congress SHALL MAKE NO LAW for the establishment of any religious denomination» --(which BTW — is NOT what it says, if you're going to reference the constitution, try not to look like an idiot by referencing it WRONG)... so you want government out of religion... but you want your happy little tax exempt status?

The law says you must pay income tax unless you are a tax exempt entity, and if you are accorded that status, you can not be involved with politicking.

We are tax exempt and there is a lot of paperwork and back end work that needs to be done if we pay tax and then need to correct it for our tax exempt status.»

Your employer can tell you if it is a not - for - profit organization and what its tax status is, or you can use the IRS's searchable database of tax - exempt organizations.

Finally, if you spend $ 25,000 on the card in a calendar year, you'll be exempt from Delta's revenue - based requirement for elite status, a great perk for those who fly enough but don't spend enough for elite status.

the disclosure of certain enumerated events affecting a municipal security; these events include the following, if material: (1) principal and interest payment delinquencies; (2) non-payment related defaults; (3) unscheduled draws on debt service reserves; (4) unscheduled draws on credit enhancements; (5) substitution of credit or liquidity providers; (6) adverse tax events affecting the tax - exempt status of the security; (7) modifications to rights of securities holders; (8) bond calls; (9) defeasances; (10) release, substitution, or sale of property securing repayment; (11) rating changes; (12) failure to provide annual financial information as required; the MSRB, Electronic Municipal Market Access (a.k.a. EMMA) provides free access to municipal disclosures, market data and education

If you work for a non-profit organization that qualifies for tax - exempt status by the Internal Revenue Service and is not a partisan political entity or a labor union, you could also obtain loan forgiveness.

If you are a business you will need to identify whether your business has a tax exempt status Then you need to identify the Nature of the Debts.

Another more harrowing example of taxable munis are those that are issued as tax free, then later become taxable if and when the IRS determines the proceeds are being used for purposes that do not fall under tax - exempt status.

You are an «exempt individual» for your days (even if only 1 day) on J - 1 status that year if the conditions apply to you.

This «tax - exempt» status means that an organization is exempt from federal income tax if it supports charitable, religious, educational, scientific, literary and a number of other causes.

If you are a small group or an individual and you're thinking, «Wow, that's a lot of money,» remember that if you are currently limiting your fundraising efforts due to your lack of tax - exempt status, the cost of a few spay surgeries will open doors to greater resources for your group and the homeless pets you savIf you are a small group or an individual and you're thinking, «Wow, that's a lot of money,» remember that if you are currently limiting your fundraising efforts due to your lack of tax - exempt status, the cost of a few spay surgeries will open doors to greater resources for your group and the homeless pets you savif you are currently limiting your fundraising efforts due to your lack of tax - exempt status, the cost of a few spay surgeries will open doors to greater resources for your group and the homeless pets you save.

Look to see if the rescue has any tax - exempt status.

If you're in the United states, $ 25,000 spend on the United Visa still exempts you from the spending requirement for elite status up to Platinum (75,000 mile status).

Finally, if you spend $ 25,000 on the card in a calendar year, you'll be exempt from Delta's revenue - based requirement for elite status, a great perk for those who fly enough but don't spend enough for elite status.

If we are going to tote up a lot of examples of government abuse from government officials acting illegally, let us not forget Lois Lerner of the IRS and her communications with the White House staff in denying tax - exempt status to conservative organizations.

Currently, if a status Indian works on reserve land, he or she is tax - exempt.

Organizations like PETA would be free to fight against cruelty to zombies if they chose to and still maintain their tax - exempt status, as Congress allows the Internal Revenue Service (IRS) to grant tax - exempt status to organizations that are organized to prevent cruelty to animals.

Wyoming also introduced a bill earlier this month that, if passed, would exempt cryptocurrencies from property taxes, per its current status under US tax law.