Wednesday, April 29, 2009

IRS Pledges to Continue to Step Up Oversight of Charities - Philanthropy.com

IRS Pledges to Continue to Step Up Oversight of Charities - Philanthropy.com: "IRS Pledges to Continue to Step Up Oversight of Charities

The Internal Revenue Service has released an updated plan for the next several years that pledges a continuation of “focused oversight of the tax-exempt sector.”

“More than $15-trillion in assets are currently controlled by tax-exempt organizations or held in tax-exempt retirement programs and financial instruments,” the IRS said in its Strategic Plan 2009-2013. “The massive size of this sector requires us to provide more careful oversight and advisory support than ever before.”"

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