Do I Have A 508(c)(1)(a) Private Ministry?

In this video, I strive to clear up some confusion and commonly heard/held beliefs about private ministries and the code used for banking purposes only.Show more

If and when you have properly formed founding documents for a private faith-based ministry/association/church you may or may not need an EIN# for banking purposes. If you do need this EIN #, then you will get one and it will be associated with the 508(c)(1)(a) tax code.

It is NOT what your private association is. That is just the code you are utilizing. It's another tool to take you out of the public domain.

I give some examples like a private family business and other situations that may not need to do banking.

Enjoy!

Book a free call now if you are ready to get started or have questions. These calls are for faith-based health care and healing practitioners and/or ministries only.
https://calendly.com/drlayne/new-client-application-call

David Edwards - the PMA OG - www.getyourpma.com

My fellow PMA advisor Aaron Bowman has a badass YouTube Channel - Rebel Alliance, Check him out here
https://www.youtube.com/channel/UCrSq3NYegawhTUlS7HC3sWQ

Fellow PMA Advisor Guy Stinson and David created a short course for those of you who want to learn more - it’s fantastic!
A Guide to Starting Your Own PMA - https://courses.thenextsky.net/courses/my-pma?ref=a2c93c

Get your money backed by silver and work with another PMA at Liberty Dollar
https://ldrep.nl/dclaynel

You Tube
https://www.youtube.com/channel/UCEl3OzqXJpOSDRmxM4cLqMw

In health and freedom,
Dr. Layne

Disclaimer: I am not a CPA, tax advisor, attorney, or bookkeeper, nor do I hold any degrees that I am not completely transparent about. By watching these videos and using the information, you are agreeing to take full responsibility for your own experience and results.

The information in these videos and on this channel are intended for members of Layne Linebaugh, DC, PHA, or those agreeing to the bylaws of the association.