June 26, 2008
IRS Urged to Use Caution in Approach to Governance
A committee of nonprofit experts that advises the Internal Revenue Service is urging the tax agency to be cautious in its stepped-up efforts to promote good governance by charities. Such efforts "are fraught with complexity," said the Advisory Committee on Tax Exempt and Government Entities in a 112-page report.
The IRS's new version of its Form 990 informational tax return includes questions about groups' governance policies and practices, even though the federal tax code does not
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