Intermediate Sanctions and Tax-Exempt Organizations

Subscribe to Free Daily Newsletters

Post a Job

Featured Jobs

Retirement Plan Consultant

DWC - The 401(k) Experts
(Telecommute)

Retirement Plan Administrator

Liden, Nestle, Soled & Associates
(Westlake Village CA / Telecommute)

DB/CB Plan Administrator

Ingham Retirement Group
(Miami FL / Telecommute)

Experienced 401k Plan Administrator / Consultant

Farmer & Betts, Inc.
(Tacoma WA / Tualatin OR / Littleton CO)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

<< Previous news item | Next news item >>

6/21/2006: Intermediate Sanctions and Tax-Exempt Organizations (The CPA Journal)

Excerpt: The IRS has stepped up its scrutiny of compensation packages and employee benefits in tax-exempt organizations and is using IRC section 4958 to sanction 'disqualified persons' and organizational managers, rather than the organizations, for excess-benefit transactions.... This article outlines how IRC section 4958 works, describes the potential pitfalls for exempt organizations, and discusses recent developments.

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).

An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).