View Full Version : What is a 508 from the IRS
stephana439
Mar 5, 2010, 09:05 PM
What is 508? Why would a church needed it for
stephana439
Mar 5, 2010, 09:07 PM
What is a 508? Why would a church needed it for
AK lawyer
Mar 5, 2010, 11:39 PM
what is a 508? why would a church needed it for
Section 508 of the Internal Revenue Code (26 USC sect. 508 (http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000508----000-.html)) exempts churches from the necessity to obtain a ruling that they are exempt organizations (for the purpose of tax deductability of donations made to them). However some churches choose to obtain such a ruling anyway, out of an abundance of caution.
Perhaps this is what you are asking about.