Monday, June 18, 2007

New IRS form targets charities' salaries - The Boston Globe

New IRS form targets charities' salaries - The Boston Globe: "New IRS form targets charities' salaries

By Sacha Pfeiffer and Beth Healy, Globe Staff | June 17, 2007

The charitable world is about to get a taste of the type of scrutiny over pay and governance that has become typical in corporate America -- courtesy of the Internal Revenue Service.


In the wake of numerous financial scandals at charities nationwide , the federal tax agency is introducing a new reporting form that would make it much harder for nonprofit organizations to conceal excessive salaries, lavish spending, and conflicts of interest."

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