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- Intermediate Sanctions
Intermediate Sanctions
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In the wake of a rash of scandals in the nonprofit sector, Congress has passed legislation that allows it to impose penalties against individuals and organizations for any violation of the Internal Revenue Code. This book shows nonprofit professionals how to comply with these regulations to avoid potential fines or other sanctions. It helps nonprofit managers and their advisers avoid the activities most likely to invite government scrutiny, including excess benefit transactions, revenue-sharing arrangements, interest-free loans from the charity to staff, rentals, partnerships, and lobbying.Examines the most important legislation to affect the nonprofit community in recent years and assesses its impact on nonprofit organizations of all types and sizes.
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