Evangelicals Without Corporation Sole

The legal structure of City of Refuge Christian Fellowship was originally a corporation recognized as a 501(c)(3) organization.  Then Pastor Bruce Gunkle met Elizabeth and Frederic Gardner, who ran Church Restoration Ministries   at a church leadership conference.  They recommended a different model - corporation sole.  Based on the outcome of a recent tax court decision corporation sole did not work out so well for Pastor Gunkle.  For 2007 a deficiency of about $20,000 in tax and penalty was upheld.  Reading the case, it seems that much of the tax could have been legitimately avoided under the original structure. 

According to that nearly infallible source – Wikidpedia:

Read Full Article »
Comment
Show commentsHide Comments

Related Articles