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"How Religious Organizations Game The IRS" with Prof. Lloyd Hitoshi Mayer
Manage episode 452813043 series 3492959
Despite the New Testament’s recording of its main character making a clear distinction between what man owes his government (taxes) and his lord (devotion), in real life it’s never quite worked out that way. Churches have been tax-exempt since time immemorial. Today, the very idea of asking houses of worship to pay their fair share is a non-starter. Much like asking this country to elect a woman president.
At a time when the IRS is stretched thin and overwhelmed by its own complexity, religious organizations are leveraging loopholes to take advantage of the tax code and pastors are increasingly, and egregiously, flouting electioneering from the pulpit (an activity restricted by the Johnson Amendment). Further, the incoming administration has already made clear its intent to declare nonprofits that oppose its policies terrorist organizations, thereby stripping them of their nonprofit status and thus their ability to collect tax-deductible donations, their very lifeblood.
Lloyd Hitoshi Mayer, professor of nonprofit law at Notre Dame University, is our Virgil, guiding us with wisdom and humor through this holy hellscape of taxes and religion.
62 эпизодов
Manage episode 452813043 series 3492959
Despite the New Testament’s recording of its main character making a clear distinction between what man owes his government (taxes) and his lord (devotion), in real life it’s never quite worked out that way. Churches have been tax-exempt since time immemorial. Today, the very idea of asking houses of worship to pay their fair share is a non-starter. Much like asking this country to elect a woman president.
At a time when the IRS is stretched thin and overwhelmed by its own complexity, religious organizations are leveraging loopholes to take advantage of the tax code and pastors are increasingly, and egregiously, flouting electioneering from the pulpit (an activity restricted by the Johnson Amendment). Further, the incoming administration has already made clear its intent to declare nonprofits that oppose its policies terrorist organizations, thereby stripping them of their nonprofit status and thus their ability to collect tax-deductible donations, their very lifeblood.
Lloyd Hitoshi Mayer, professor of nonprofit law at Notre Dame University, is our Virgil, guiding us with wisdom and humor through this holy hellscape of taxes and religion.
62 эпизодов
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