Beautiful people, how are you today? So, I'm excited to do this video today, but then I'm kind of not because I feel like I've been talking about nonprofits too much, and I kind of want to move on to other things. There's so much to talk about, but I'm gonna talk about it anyway simply because today is the day that I decided to create a church. It's something that I've joked about before, but I'm definitely doing it, no doubt about it. And I've decided that today, so I want to talk to you about how to create a church, why create a church, what the benefits are, and the cost, and so forth. So, number one, creating a church is no different than creating any other nonprofit. It's the same form that you'll use to fill out the nonprofit, which is the 10:23 EZ. If you plan on bringing in less than 50 grand a year, the link to that form is on a previous video I did concerning nonprofits. Other than that, it's simply saying what you believe in and what you plan on doing with your church. I'll talk to you a little bit about what I'm done with mine, but first, I want to show you a few things here to back up what I'm saying. Now, the reason why I'm doing this, okay, and remember, there's a thin line between tax evasion and tax avoidance. The reason is because as a church, I will be able to pay myself as a pastor. As a pastor, I'm allowed what's called a housing allowance. Okay, so my game plan is to literally pay myself as the pastor, exactly what I spend in rent for the year. That's my game plan. Now, that rent will be a housing...
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4361 declaration statement Form: What You Should Know
You must file and keep Form 4361 for ten years to receive the exemption You do not have to file the Form 4361 if none of the following apply. · Your church was not organized or operated for profit. · Your church was never organized or operated for profit. · When you started your church, it was not operating for profit. · When you ceased your church's activities, you did not continue to operate in the same way. · You cease to operate your church to avoid paying (Social Security) taxes or · You fail to file the Form 4361 within 10 years after a tax return has been filed for the same tax year. You can also ask other clergy members at your church to file this form to avoid the 10-year delay. Pastors can also · If they are subject to the tax on their own social security, they can qualify by filing and keeping the Form 4361 for 10 years. · If they are not subject to the Social Security tax, they may qualify by filing and keeping the Form 4361 for 10 years, but they have to file Form 4361 no later than one year after an individual becomes eligible for Social Security benefits as a result of a Social Security disability or widowed or widower eligibility. · They may qualify for a 10-year exemption if they are no longer a minister and have had at least 10 years of ministry, and they continue to operate similarly. · Ministers who cease to operate their church by selling all church assets and shutting down will be required to file a Form 4361 within 10 years if at any time during those years the congregation operated the church similarly. · If they continue to operate their church with the same activities, the 10-year exemption will be denied, and they may need to file Form 4361 in future years. For more information, see the IRS article IRS Website for Guidance. To receive a form by email, click HERE. If you are using a desktop or laptop computer, you can also download the form using the “File” or “Save” icon on your computer, or click HERE. It is also available for you at If you have any questions about this article, please contact Erika W.
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Video instructions and help with filling out and completing Form 4361 declaration statement
