"Charities and other nonprofits exempted from taxes because they serve a public purpose have become a hotbed of tax evasion and abuse, according to the head of the Internal Revenue Service.
'We can see that tax abuse is increasingly present in the sector,' and unless the government takes effective steps to curb it, such organizations risk 'the loss of the faith and support that the public has always given to this sector,' Internal Revenue Commissioner Mark W. Everson said in a letter to the Senate Finance Committee detailing abuses his agency has found.
Tuesday, April 05, 2005
IRS Chief: Charities Cheat on Taxes
Today's Washington Post has a story about IRS Commissioner Mark Everson's complaint that non-profits are abusing their tax-exempt status:
