March 20, 2008
IRS May Redefine Who Is a 'Key Employee'
The Internal Revenue Service will probably alter its definition of which workers should be counted as key employees on the newly redesigned Form 990 informational tax form, a change that would require many groups to list the salaries of more people than they do now.
Ronald J. Schultz, a senior technical adviser for the agency's tax-exempt organizations division, said in an interview that the IRS is looking at expanding the definition of "key employees" for whom charities must report
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