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25 Feb 2006, 10:42 am
[JURIST] In a speech Friday [official transcript] in Cleveland, US Internal Revenue Service (IRS) [official website] Commissioner Mark Everson [official profile] said that the IRS had found a sharp increase in prohibited political activity by 501(c)(3) tax-exempt charities, including some churches, during the 2004 election cycle. [read post]
22 Feb 2005, 12:43 pm
[JURIST] The Internal Revenue Service [official site] announced Tuesday a plan to reduce penalties for executives and companies that admit to using an abusive tax shelter designed to avoid taxes on stock options. [read post]