TRUE CASE #3

IRS Takes Church's Tax-Exempt Status
Church is Ordered to Sell Assets To Pay Penalties!
Recently, a church lost its tax-exempt status when its officials simply could not answer IRS questions on its financial affairs.

Does your church have the answers? The IRS has adopted new procedures for auditing the books and records of a church.

(Code Section 7611:Internal Revenue Manual, Audit 4293.4)