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IRS Issues Interim Guidance on Compensation of Nonprofit Employees

January 21, 2019

The partial federal government shutdown, which includes the U.S. Department of Treasury and the U.S. Internal Revenue Service (IRS), did not prevent the IRS from issuing interim guidance on compensation of nonprofit employees and when an organization is subject to penalties. The interim guidance targets Section 4960(a) of the U.S. Internal Revenue Code (IRC). The IRS will accept comments on the guidance through April 2. Read more (PDF) at the IRS website.