Bernadette M. BroccoloRalph E. DeJongAndrew C. Liazos
While the decision by the IRS is practical and pragmatic, it also raises serious concerns that Congress is politicizing the IRS by using political pressure to ensure that influential donors are not audited. For over 40 years, the IRS has asserted that tax-exempt organizations are subject to ...
Internal Revenue Service's (IRS) examination of tax-exempt compensation. The IRS launched the Tax-Exempt Compensation Enforcement Project wherein they will commence audits of selected organizations. Transactions deemed automatic excess benefits are subject to penalty, even if a reasonable compensation is...