April 3, 2008
IRS Plans Close Look at Charity Business Activities
The Internal Revenue Service will be paying increased attention to nonprofit organizations that raise money through business activities to make sure that the law requiring them to pay tax on the income is working as Congress intended, said a key official of the tax agency.
The revenue service wants to make sure that some charities are not overly aggressive and thus avoiding paying tax that the law requires them to pay, says Ronald J. Schultz, a senior adviser to the commissioner of
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