December 14, 2007
IRS to Increase Audits of tax exempt organizations in 2008
According to Reuters News Agency, the Internal Revenue Service said on Thursday [December 13, 2007] it will audit more tax-exempt organizations in 2008 as well as start a new compliance program to help groups maintain their tax-exempt status. The IRS's Exempt Organizations division said the tax agency wants to determine how many employers comply with employment tax laws and that the investigation will include tax-exempt groups and government agencies. The division's director, Lois Lerner, told a news conference on Thursday that the agency will also audit charitable donations next year.
For the full story see here.
TrackBack URL for this entry:
Listed below are links to weblogs that reference IRS to Increase Audits of tax exempt organizations in 2008: