Palerider Posted April 20, 2018 Posted April 20, 2018 Just curious whether anyone here can state authoritatively whether church-owned businesses actually pay a tithe back to the church? Or is the tithe unnecessary because the business is already considered a church asset?
JAHS Posted April 20, 2018 Posted April 20, 2018 1 minute ago, Palerider said: Just curious whether anyone here can state authoritatively whether church-owned businesses actually pay a tithe back to the church? Or is the tithe unnecessary because the business is already considered a church asset? Anyone who works for the church owned business and gets a salary would pay tithing on that, but I don't think the business itself pays any tithing. The church gets all the income from the business anyway so why pay tithing on it too? 1
Jeanne Posted April 20, 2018 Posted April 20, 2018 Why do people pay tithing on tax returns if they have already paid tithing on their paychecks?
JAHS Posted April 20, 2018 Posted April 20, 2018 2 minutes ago, Jeanne said: Why do people pay tithing on tax returns if they have already paid tithing on their paychecks? They can if they want but I don't. Like you said I already did. 2
Jeanne Posted April 20, 2018 Posted April 20, 2018 4 minutes ago, JAHS said: They can if they want but I don't. Like you said I already did. I did.
Oliblish Posted April 20, 2018 Posted April 20, 2018 8 minutes ago, Jeanne said: Why do people pay tithing on tax returns if they have already paid tithing on their paychecks? I think people that pay on net do this. You are right that if you pay on gross you have already paid tithing on it. 3
Amulek Posted April 20, 2018 Posted April 20, 2018 8 minutes ago, Jeanne said: Why do people pay tithing on tax returns if they have already paid tithing on their paychecks? Because some people pay tithing on the net, rather than the gross, amount received from their paychecks. So, since they never paid tithing on the amount that was withheld from their paycheck, they pay their tithing on that amount when they actually receive it (i.e., when they get their tax refund).
JAHS Posted April 20, 2018 Posted April 20, 2018 5 minutes ago, Jeanne said: I did. Like others said if you paid on the net during the year then it make sense to pay on the refund. If you paid on the gross and you paid again. Good for you. 1
Jeanne Posted April 20, 2018 Posted April 20, 2018 28 minutes ago, JAHS said: Like others said if you paid on the net during the year then it make sense to pay on the refund. If you paid on the gross and you paid again. Good for you. I did both...paid gross on employment...annuity...and taxes.
Calm Posted April 20, 2018 Posted April 20, 2018 A lot of people pay on money gifts as well. They figure everything is a gift of God and it is one simple way to show Him gratitude.
LoudmouthMormon Posted April 20, 2018 Posted April 20, 2018 Last I heard, people were people and businesses weren't. I mean, I know we can sue a business as an entity and all that, but a business doesn't have a soul. (When you find a business with a soul, you really mean a culture, made up by the souled humans working for it.) Tithing is for people. Businesses aren't. Now, if you're a sole-proprietorship or other small-business owner, then yeah, you may wish to figure out how to pay tithing on what the business earns, unless you are an agent of the business and draw a salary or something. Ain't nothing that taxes can't make more complicated! 1
mrmarklin Posted April 21, 2018 Posted April 21, 2018 2 hours ago, Palerider said: Just curious whether anyone here can state authoritatively whether church-owned businesses actually pay a tithe back to the church? Or is the tithe unnecessary because the business is already considered a church asset? From a tax POV I know they all pay taxes to the appropriate government agency. This is the treasury department in the US. Then of course they are free to distribute profits to the owner.
Judd Posted April 21, 2018 Posted April 21, 2018 (edited) If they don’t, I don’t know how these businesses could, in good conscience, answer the tithing question in their temple recommend interview. Edited April 21, 2018 by Judd 1
mfbukowski Posted April 21, 2018 Posted April 21, 2018 Take money out of your left pocket and put it in your right pocket? What sense does that make? I would think that would be a legitimate tax deduction for the business and legal if going from one entity to another entity which is a charitable organization but if we are thinking about some doctrinal nuance I think that would be irrelevant. 1
tulip Posted April 21, 2018 Posted April 21, 2018 Church businesses pay tithing to the church. They pay on the profit of the business(not the revenue).
rpn Posted April 21, 2018 Posted April 21, 2018 Of course church businesses do not pay tithing ---- first that is not about money it is about changing hearts and that involves people because entities don't have one. But church businesses give 100% of what they make (after taxes, after expenses of making the profit) to the church --- that is church business ultimate purpose.
The Nehor Posted April 21, 2018 Posted April 21, 2018 2 hours ago, LoudmouthMormon said: Last I heard, people were people and businesses weren't. I mean, I know we can sue a business as an entity and all that, but a business doesn't have a soul. (When you find a business with a soul, you really mean a culture, made up by the souled humans working for it.) Tithing is for people. Businesses aren't. Now, if you're a sole-proprietorship or other small-business owner, then yeah, you may wish to figure out how to pay tithing on what the business earns, unless you are an agent of the business and draw a salary or something. Ain't nothing that taxes can't make more complicated! Actually some brilliant judges decided corporations are people. What a weird world we live in.
The Nehor Posted April 21, 2018 Posted April 21, 2018 1 hour ago, Judd said: If they don’t, I don’t know how these businesses could, in good conscience, answer the tithing question in their temple recommend interview. Bonneville Communications, do you pay an honest tithe? Do you have financial obligations to a spouse or children? 3
pogi Posted April 21, 2018 Posted April 21, 2018 (edited) 1 hour ago, mfbukowski said: Take money out of your left pocket and put it in your right pocket? What sense does that make? I would think that would be a legitimate tax deduction for the business and legal if going from one entity to another entity which is a charitable organization but if we are thinking about some doctrinal nuance I think that would be irrelevant. Good point. They should donate 100% of their proceeds, which are not invested back into the company, instead of 10% only for some serious tax deductions, and it all ends up back in their pocket anyway. Is that really legal though? Edited April 21, 2018 by pogi
Calm Posted April 21, 2018 Posted April 21, 2018 1 hour ago, tulip said: Church businesses pay tithing to the church. They pay on the profit of the business(not the revenue). And you know this how?
mfbukowski Posted April 21, 2018 Posted April 21, 2018 1 hour ago, pogi said: Good point. They should donate 100% of their proceeds, which are not invested back into the company, instead of 10% only for some serious tax deductions, and it all ends up back in their pocket anyway. Is that really legal though? I think so but I am not a tax guy. There are limitations on how much you can do as I recall because of something called "unrelated business income" to the charity- but that's off the top of my head. I used to work on charitable remainder trusts- I am trying to remember. https://en.wikipedia.org/wiki/Unrelated_Business_Income_Tax 1
SeekerB Posted April 22, 2018 Posted April 22, 2018 On 4/20/2018 at 5:33 PM, LoudmouthMormon said: Now, if you're a sole-proprietorship or other small-business owner, then yeah, you may wish to figure out how to pay tithing on what the business earns, unless you are an agent of the business and draw a salary or something. Ain't nothing that taxes can't make more complicated! As a sole-proprietorship business owner, I pay tithing on the money that I take out for personal use. 1
smac97 Posted April 22, 2018 Posted April 22, 2018 On 4/20/2018 at 3:43 PM, Palerider said: Just curious whether anyone here can state authoritatively whether church-owned businesses actually pay a tithe back to the church? Or is the tithe unnecessary because the business is already considered a church asset? I do not understand this question. Do any businesses pay a tithe to the Church? I always thought tithes were expected of members of the Church as part of our covenants with God. A business is simply a legal entity, hence not a member of the Church, hence not obligated to tithe. Am I missing something? Thanks, -Smac 2
clarkgoble Posted April 23, 2018 Posted April 23, 2018 On 4/20/2018 at 3:43 PM, Palerider said: Just curious whether anyone here can state authoritatively whether church-owned businesses actually pay a tithe back to the church? Or is the tithe unnecessary because the business is already considered a church asset? By the nature of a corporation wouldn't it already by paying 100% of its increase to the Church?
sunstoned Posted April 23, 2018 Posted April 23, 2018 On 4/20/2018 at 4:35 PM, JAHS said: They can if they want but I don't. Like you said I already did. I feel the same with social security checks.
Recommended Posts