December 14, 2000

IRS Plans Announcement on Fund-Raising Expenses

By GRANT WILLIAMS

By GRANT WILLIAMS

The Internal Revenue Service is concerned that many charities fail to report their fund-raising costs on the federal informational tax returns they file, even though they are required to do so.

As a result, the tax agency plans to issue an announcement to explain what it expects from charities and to warn organizations against trying to dodge the requirement.

David Jones, an official in the I.R.S.'s Exempt Organizations office, said the

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