January 29, 2009
Treasury Urged to Clarify Governance Requirements
A former top IRS official is asking the Treasury Department to publish guidelines that would tell charities — and the IRS itself — what the federal government specifically expects from nonprofit organizations on matters of governance.
The federal tax code does not explicitly set out governance standards for the IRS to enforce, but the tax agency has shown increasing interest in keeping an eye on charity governance practices.
"Because there is no
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
Get more great stories about the nonprofit world delivered to your inbox every weekday. 
