Guidestar has two nice articles on the IRS, one regarding the follow up to the big IRS Revocation Round-up of 2010 and the other about what the IRS is looking for with regards to filing and reporting compliance.
But first I want to remind everybody that our Camp Finance NW 2010 is coming up next week! Be sure to register today to make sure we have space for you.
990Ns
With the May 17 deadline come and gone the IRS has learned a few things. You can read IRS Commissioner Doug Shulman’s remarks here and get a nice rundown of some questions and answers here.
IRS Interim Report on Colleges and Universities
Lat time the IRS focused on tax exempt hospitals and now they are turning their attention to higher education. Guidestar has a nice rundown of what this means for you even if you are not a college, university or hospital. It is worth taking a look at and reflecting on how your organization would withstand similar scrutiny.
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