Quote:
Originally Posted by AreYouReady?
No because the Internal Revenue Service is part of the Federal Reserve, which is not an elected governmental department.
Federal Reserve Board: As the nation’s central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms.
http://factcheck.org/2008/03/federal...ank-ownership/
Is the Federal Reserve not under Constitutional Authority thus the reason why they can make rules and regulations regarding the finances of a church? |
Well.... A A A A A C T U A L L Y... the IRS is a private corporation registered in the US Virgin Islands and isn't even lawfully a governmental entity... buuuuut... we'll just let that one slide on by...
The IRS does not make rules and regulations regarding churches, period. the IRS in their publication for churches states so. The courts have routinely held that government is prohibited by the 1st Amendment from even defining what a church is or is not.
A CORPORATION, on the other hand, and ESPECIALLY a 501(c)3 Corporation, are a whole nuther ball of wax. THOSe things are created by the state or federal government upon application with the state or federal Secretary of State. And as creations of the civil government, are subject to whatsoever 'reasonable and prudent' rules and regulations the government comes up with.
Churches are outside the jurisidiction of federal or state control as far as finances go.
Personal incomes, by the way, are a separate issue. (The Tax Man cometh!)
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