Congress repeals “Parking Lot Tax” helping churches, nonprofits

Update: A few days before Christmas, Congress gave churches and other non-profits a break by repealing the so-called “parking lot tax” that was an unintended side effect of the 2017 Republican tax cut measure.  President Trump signed the repeal into law.

*The repeal was a part of appropriations bills for the new year, passed by both the House and Senate. Since the bill is retroactive, the IRS will provide instructions on how churches can claim a refund on these taxes they paid for the last two years.

https://www1.cbn.com/cbnnews/us/2019/december/trump-signs-repeal-of-parking-lot-tax-for-all-houses-of-worship-nonpro

Verne Hill

Verne Hill

The News Guy – WBFJ Family Friendly Morning Show at WBFJ fm - Your family station!
I enjoy many things: Music. Family movie nights. My American flag flapping in the wind. Sunsets at the beach. Snow days. The Sweet Tea Party. Salvation through Grace…

VERSE: “Let everything that has breath praise the LORD” Psalm 150

QUOTE: “A person who loves his job, will never work a day in his life.”

MON-SAT 6A-10A(& Sunday@5 host)
verne@wbfj.fm
Verne Hill


Verne Hill

I enjoy many things: Music. Family movie nights. My American flag flapping in the wind. Sunsets at the beach. Snow days. The Sweet Tea Party. Salvation through Grace… VERSE: “Let everything that has breath praise the LORD” Psalm 150 QUOTE: “A person who loves his job, will never work a day in his life.” MON-SAT 6A-10A (& Sunday@5 host) verne@wbfj.fm