Thursday, September 30, 2004

USATODAY.com - IRS looking closely at what non-profits pay

USATODAY.com - IRS looking closely at what non-profits pay: "IRS looking closely at what non-profits pay
This summer, the IRS is expected to send letters to about 2,000 tax-exempt charities, seeking information on executive pay.
The IRS review will look at all types of charities and tax-exempt foundations, including hospitals. The review will consider:
� Whether compensation is excessive.
� Whether pay was accurately reported. "

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