CAN's finance and accounting programs are designed to to measurably improve the accuracy, consistency and clarity of financial reporting, thus reducing time and financial costs and improving accountability and public trust in California's nonprofit sector.

Another goal of this program is to promote a dialog and create a community of nonprofit finance professionals so please post questions and comments!

Friday, January 11, 2008

IRS May Step Up Efforts to Identify Ineffective Charities

The Chronicle of Philanthropy ran this story on November 12, 2007, regarding a speech by Steven T. Miller, the commissioner of the agency’s tax-exempt and government-entities division.

“Efficiency and effectiveness have obvious implications when you consider the level of subsidy being provided here,” Mr. Miller said. “Should the public be able to rely on the Internal Revenue Service and the states to be sure when they make a contribution to an organization that the contribution is put to good use and not squandered?”
Is this the right path for the IRS to be on? Read the article and post your comments below since they are closed at the Chronicle's website.

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