February 22, 2007
IRS Panel Seeks Comments on Plan for Reporting Errors
TAX WATCH
An IRS advisory committee is seeking feedback from charity officials and legal experts on whether the tax agency should create a new program for tax-exempt organizations that would encourage them to come forward when they discover problems with their informational tax returns or other filings.
The effort would give nonprofit officials a way to disclose errors or instances of wrongdoing in the hope of receiving a lesser punishment for the offense than if the IRS had
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