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Archive for October, 2014

Reductions in Service Levels at the IRS Likely As Congress Continues to Cut Funding

The IRS Commissioner recently cautioned that taxpayers should expect more reductions in IRS services as budget cuts continue. The IRS’s funding level for Fiscal year 2014 is $11.29 billion, or about $850 million below fiscal year 2010 funding. In July, the House approved a $10.9 billion fiscal year 2015 budget for the IRS, reflecting a […]

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IRS Form 990 Filing Exemption for Churches

Form 990 was adopted in the early 1940s after fears in Congress that some nonprofits were using their favorable tax-exempt status to compete with for-profit businesses. The IRS has used the form ever since as a way to monitor compliance by charities with the tax law. Earlier this year the Freedom from Religion Foundation filed […]

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