May 31, 2007
Guidelines Offered on Reporting Compensation
Following widespread confusion among charities over how much information they must provide about their key officials to the Internal Revenue Service, the tax agency has posted informal guidelines on its Web site.
The IRS last year revised its Form 990, the federal informational tax return charities must file annually, to call for more information about each organization's officers, directors, and key employees.
Among the new pieces of information charities had to disclose were
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