Question: If you have a suggested donation for coffee, tapes, meals is there tax?
Answer: No...as long as it really is a donation. If this is a routine proceedure and they can actually choose to pay another amount or nothing at all then the amount could truly be considered a donation. If they must pay to receive the item then it is a sale. Charges to attend and event where a meal will be served does not require the collection of sales tax. Other occaisional charges for a meal are not considered sales requiring the collection of sales tax. If the meal sales are routine they probably are considered sales.
Blog Author
- C. Paul Glenn
- is the Executive Director of Finance & Operations at Grace Covenant Church in Cornelius, NC. He is also Chairman of Harvests of Hope Int'l. He has an accounting degree from Oral Roberts University and has been married to Susan since 1989. They have two children. Prior to ministry Paul packed a wealth of experience into his career path which includes positions as a public accountant, a financial analyst, a controller and CFO, as well as a management consultant. His pastor’s heart guides a passion to oversee the business aspects of ministry to (1) see the lost find Christ and (2) to allow other pastors and leaders to more freely shepherd their congregations. He regularly consults churches regarding his unique insights on church construction and is also coaching and mentoring over 120 churches in aspects of administration. Working with a team to found Harvests of Hope Int'l he now has the privilege as its Chairman to bring hope to families affected by HIV/Aids throughout Africa.
Thursday, August 28, 2008
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment