June 29, 2007
IRS Releases New Draft of Tax Return for Nonprofit Colleges
The U.S. Internal Revenue Service has released a draft revision of its Form 990 tax return, the primary tax document that charities and other tax-exempt organizations, including nonprofit colleges, file each year with the government. Lawmakers, representatives of nonprofit groups, and others will debate the draft over the next few months.
The draft revision comes amid increasing scrutiny from members of the Senate Finance Committee and others about the tax-exempt status of college
This is an article for subscribers only. You may access this article by purchasing a:
Digital or Print Subscription
Web Pass
Already have an account? Log In Now.
-
Short Subjects
-
The Chronicle Review
-
Technology
