IRS To Keep Eye On Exec Compensation
The NonProfit Times reports that executive compensation compliance will continue to be in the crosshairs in 2008 for the Internal Revenue Service's Exempt Organization Division (IRS-EO) after compliance checks this year turned up significant errors and omissions.
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posted by Katie Drossos @ 9:28 AM
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The IRS's Exempt Organization Division will focus on executive compensation compliance in 2008 due to significant errors and omissions found during this year's compliance checks, according to The NonProfit Times.
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This is a really interesting heads-up for nonprofits! It's wild to think about the kind of scrutiny organizations face, especially with something as complex as executive compensation. Makes me wonder if they'll be as thorough with other issues, or if it's just this one area that's got them acting like Ragdoll archers aiming for a bullseye.
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