Dwann & Company Radio: Join Host Dwann Holmes Olsen  

Wow! This was a very interesting show.

Definitely worth the listen if you're in ministry.
The BOTTOM LINE, if you're in ministry or pastoring a church, make sure you have someone on staff who is charged with, pays attention to and understand ALL of the I.R.S. rulings that come down daily and yearly. Make sure they are aware of what the I.R.S. is not going to tolerate and what the I.R.S.  is clamping down on NOW, even if the government hasn't done so in the past.

Clarke pastors a 6000 member church and is really a pioneer in community redevelopment. Years ago when he realized that the community in his church's neighborhood DIDN'T have bank within a 5 mile radius, he FOUNDED A COMMERCIAL CREDIT union, in that community.  He's also helped create a non-profit Senior Citizens Apartment Home where residents don't have to pay more than 300 bucks per month to live there. Plus the ministry had a full-fledge school and the list goes on.

Here's the kicker, PLUS many of those non-profits have just won MULTI-MILLION DOLLAR government grants over the last couple of years. So IMAGINE everyone's surprise and confusion when Pastor Clarke, the man many consider a financial expert, is actually convicted of tax fraud.

The DA's say he concocted an elaborate scheme to hide income that his church gave to him as a gift. Clarke says, that is not the case and that no one on his staff, board etc... ever knew that the way money "switched hands" in this case was a violation of tax rules.

Check out the blogcast to find out more!  It's definitely packed full of information. Tax Expert Roz Burks of Oklahoma City also joined us to give some insight.