Wednesday, April 06, 2005

The Chronicle, 4/5/2005: Nonprofit Abuses Cost Federal Government Billions of Dollars, IRS Chief Tells Senators

The Chronicle, 4/5/2005: Nonprofit Abuses Cost Federal Government Billions of Dollars, IRS Chief Tells Senators: "Nonprofit Abuses Cost Federal Government Billions of Dollars, IRS Chief Tells Senators
By Brad Wolverton
Washington
Abuses by nonprofit groups and donors are costing the federal government about $15-billion a year in lost revenue, Internal Revenue Service commissioner Mark W. Everson told a Senate committee today.
Mr. Everson's remarks came at a Senate Finance Committee hearing on nonprofit abuses that is expected to serve as a prelude to an ambitious legislative package key lawmakers say they plan to introduce later "

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