Irs Right to Probe Excessive Pay of Charity Executives ; Looking at the Practices of Nonprofit Groups Will Give Confidence to Donors.
Portland Press Herald › August 20, 2004
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Summary
By definition, nonprofit organizations aren't supposed to reap financial benefits for themselves. However, some charities may be allowing their executives to profit by paying them excessive salary and benefit packages.
Now the Internal Revenue Service is looking into such abuses - and rightly so. Nonprofit organizations receive tax exemptions, but they are not exempt from the law.See the full content of this document
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Irs Right to Probe Excessive Pay of Charity Executives ; Looking at the Practices of Nonprofit Groups Will Give Confidence to Donors.
The IRS this month announced a new initiative to identify tax- exempt organ...
See the full content of this document
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