1741 What to do with assets when a worshiping community closes

[podcast src=”https://html5-player.libsyn.com/embed/episode/id/5826736/height/90/width/450/theme/custom/autonext/no/thumbnail/yes/autoplay/no/preload/no/no_addthis/no/direction/forward/render-playlist/no/custom-color/c30000/” height=”90″ width=”450″ placement=”top”]If history is any indication, every worshiping community’s life ends sometime. If that happens under the U.S. Tax Code, there are limits on how assets must be distributed. Musical instruments, books, and furnishings can’t just be given to the donors who funded them. Fair prices must be received. And any assets left at the end of the legal entity’s existence must be transferred to another charitable entity, like another house of worship, a denominational entity, relief agencies, or social service providers.

Book review: “Zelinsky, ‘Taxing the Church'”

Book review: “Zelinsky, ‘Taxing the Church'” Marc O. DeGirolami at Law and Religion Forum has a brief review the upcoming book Taxing the Church: Religion, Exemptions, Entanglement, and the Constitution here. The book will ship on September 27 and is available in hard copy here ($65). The book will be available from Amazon starting December 1 here.