Trying To Stay A Step Ahead of the Feds

A new report from Independent Sector, “a Washington, D.C.-based coalition of non-profits,” takes a hard line on executive compensation and other methods of pushing the financial envelope, calling for government intervention in cases where non-profit and charitable organizations are found to be abusing the rules that govern their tax-free existence. Why would a group representing non-profits be so tough on its own members? Maybe because the U.S. Senate is gearing up to pass new rules which would be even tougher than those being proposed by Independent Sector.