August 9, 2007

Charities Owe $1-Billion in Taxes, Congress Told

By Peter Panepento

Nonprofit groups are costing the federal government more than $1-billion through unpaid payroll and other taxes, according to a government watchdog unit.

At a recent Congressional hearing, the House Ways and Means Subcommittee on Oversight pressed officials of the U.S. Department of the Treasury for advice on how to combat these abuses without placing unreasonable burdens on law-abiding charities.

At least 55,000 tax-exempt groups have failed to pay taxes, said Gregory D. Kutz,

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