While churches are considered tax-exempt without officially applying for 501(c)(3)status, the implications of not obtaining 501(c)(3) approval are often misunderstood and can be costly. The problem is that there is this disconnect . . . this knowledge gap, so to speak, among pastors and the truth of what it means to apply for 501(c)(3) tax exemption.

In this podcast, we will debunk some myths surrounding the issue of 501(c)(3) status. You will also hear 3 major benefits to applying for 501(c)(3) status. And finally, we will discuss what steps you need to take and the requirements needed to qualify for 501(c)(3) status.