TAX WATCH
Write-Offs
By Elizabeth Schwinn
The IRS audited 7,079 nonprofit organizations in the 2006 fiscal year, which ended September 30, an increase of 40 percent over the previous year, according to a statement from Internal Revenue Commissioner Mark W. Everson. "These results show we are taking important steps to combat abuse in exempt organizations," Mr. Everson said. The figure represents less than 2 percent...
|