Tax Notes Article by Fred Stokeld: "EO Director Not Appropriate Official for Approving Church Audits, Witnesses Tell IRS"

Tax Notes has published an article by Fred Stokeld of Tax Analysts.  The article reports that witnesses addressed IRS and Treasury Officials in regards to proposed regulations governing IRS investigations on houses of worships.  The witnesses unanimously disagreed with these proposed regulations' idea that unless the IRS's exempt organization director "makes a reasonable belief determination may no longer qualify for tax-exempt status," a church audit may not take place. 

See Fred Stokeld, "EO Director Not Appropriate Official for Approving Church Audits, Witnesses Tell IRS," 2010 TNT 13-7, January 20, 2010.

Posted by Neil I. Rumbak, Associate Editor, Wealth Strategies Journal.