Could the "Tax Gap" Impact Churches?
Could the "Tax Gap" Impact Churches?
NACBA Ledger Fall 2009
By Dan Busby, CPA

Could the "Tax Gap" Impact Churches?

The tax gap is the difference between the amount of tax that taxpayers should pay and the amount they actually pay. It is fundamental that church leaders maintain high standards concerning the reporting of contributions (cash and noncash) to donors.
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