What are you doing?
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Friends in the “Truth” and “Freedom” movements (which are really nothing of the sort and are usually antithetical to Truth and Freedom), please stop promoting this total scam and fraud of a “508c1a faith based organization”.
To put it simply, a 508c1a doesn’t exist. It is a section of the tax code for existing 501c3s.
This is a fraud and is being promoted heavily in these “movements” as a way to avoid paying taxes and protect your assets.
I’ve looked into this thoroughly, and confirmed that this is total bull shit nonsense and it’s clear that those who are falling for it are being delusional idiots or even intentionally scaming others to sell the course or products surrounding this fraudulent garbage.
“508c1a faith based organizations” are a complete and total scam.
It’s getting more and more popular because people in the “Truth” and “Freedom” movements are usually gullible and not able to critically go through information.
Being just a section of the tax code for already established 501c3s, there is no such thing as a “508c1a faith based organization”.
I’m seeing more and more of this out there, and the folks buying it are acting like they are having some sort of spiritual revelation or finding Jesus because they figured out how to scam the IRS and not have to pay taxes on income. I’m all for mitigating tax risk, but this is NOT the way to do it.
508c1a doesn’t exist. It is a section of tax code for existing 501c3s.
Resources from this Episode:
- Safe Havens & Private Member Associations with Brandon Sterling | Vibe Rant. Ep. 98
- Court Rejects Ministry’s Claim That It Is Exempt from All Taxes and Regulation
- 508C1A PMAs Are Scams
- 508C1A & Faith Based Org Myths
- IRS Warns of “Corporation Sole” Tax Scam
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