Does Nonprofit “Good Governance” Lead to IRS Tax Compliance?

The Exempt Organizations division of IRS thinks so and has some preliminary evidence to back up the assertion. In a recent speech , EO Director Lois Lerner disclosed some current research results and plans for a more comprehensive look at the link between organizations that are well governed and their likeliness to be compliant with tax law.

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Whither Form 990 E-filing - or Is It Wither?

If you have ever wondered why nonprofit issues and compliance do not appear to be top priorities with the IRS, just review the statistics presented in an article in the most recent issue of the Statistics of Income (SOI) Bulletin - Winter 2012, published quarterly by the SOI, the research division of the IRS.

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An End to the Form 990 Revision Process – Mostly!

Form 990 revisions started by the IRS in 2007 (incorporated in the 2008 Form 990, typically filed in 2009) are at last final! The redesign was a collaborative process with a public comment process that included more than 800 comments. These final regulations represent a milestone.

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New York State to Review Nonprofit Executive Salaries

New York Governor Andrew M. Cuomo recently announced the creation of a task force to investigate executive compensation of nonprofit organizations that receive taxpayer subsidies from the state.

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No Surprise Here – 2011 Health Care Costs Rise Sharply for Nonprofits

Double-digit increases in health benefit premiums are back according to the 2011 Benefits in Nonprofit Organizations Survey, released July 1, 2011, by ERI Salary Surveys.

The findings are based on surveys completed by a sample of 92 nonprofit organizations of varied sizes with a total of almost 34,000 employees. Details on medical, vision, dental, disability and life insurance, retirement plans, paid leave, and executive perquisites are included in the report.

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Reporting Nonprofit Compensation on the Form 990 – Which Form Should Be Used?

What nonprofits must disclose to the IRS about executive compensation depends on which version of the IRS Form 990 (the annual report required of most tax exempt organizations) must be filed. What's more, the form needed may have changed recently. 

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