4/3/2008· Taxation
Excise Taxes For Unreasonable Compensation At Charities
By: Stephen D. Kirkland, CPA, CMC
The Internal Revenue Service (IRS) now keeps a close eye on charities and social welfare organizations to ensure that their tax-exempt status is not abused. One of the primary factors the IRS now examines is the amounts of compensation and benefits provided by charities to their key employees