Monday, March 19, 2007
Robin J. Moody - Portland Business Journal
The Internal Revenue Service has slapped 40 nonprofit executives with $21 million in tax penalties to atone for excessive salaries, and asked 600 nonprofits to refile their taxes due to address inaccuracies.
Oregon nonprofits were likely among the 1,826 charities and foundations of all sizes examined during the review, but the IRS did not disclose the names of the groups it scrutinized."
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