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Better Watch Out

Intensifying the spotlight on charities, the Internal Revenue Service announced Aug. 10 that it intends to scrutinize executive compensation at some 2,000 charities and foundations. Earlier this summer, the IRS made inquiries of, or sent letters to, about 200 charities. IRS Commissioner Mark W. Everson said in an Aug. 10 press release that the agency was concerned that some charitable groups were

Intensifying the spotlight on charities, the Internal Revenue Service announced Aug. 10 that it intends to scrutinize executive compensation at some 2,000 charities and foundations. Earlier this summer, the IRS made inquiries of, or sent letters to, about 200 charities.

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