Credit and debit card swipe machines in churches may startle some of the pious, but such kiosks, already present in some houses of worship, might become even more commonplace now that a new IRS regulation is in effect.
Beginning with gifts given in 2007, the IRS will demand documentation for charitable contributions under $250. Once, all one needed was a diary entry to vouch for such donations. Specially designed ATMs at church will help document such spur-of-the-moment cash gifts, as well as planned giving. Also as a result of the new IRS rule, credit card donations and tithing are likely to increase too because such electronic fund transfers leave a paper trail.
The ATM in the Church Lobby - TIME
Beginning with gifts given in 2007, the IRS will demand documentation for charitable contributions under $250. Once, all one needed was a diary entry to vouch for such donations. Specially designed ATMs at church will help document such spur-of-the-moment cash gifts, as well as planned giving. Also as a result of the new IRS rule, credit card donations and tithing are likely to increase too because such electronic fund transfers leave a paper trail.
The ATM in the Church Lobby - TIME
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