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Alex S. Gabor
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Alex S. Gabor is freelance investigative journalist, bank stock analyst, and financial consultant. He does not personally get paid from anyone for anything published here at Seeking Alpha.
My company:
Church of Infinitology
My blog:
You, Me and the SEC
My book:
Confessions of a Sex Crazed Money Man
  • IRS Releases Final Report On Tax-Exempt Colleges And Universities Compliance Project  1 comment
    Apr 25, 2013 7:51 PM | about stocks: HRB

    WASHINGTON - The Internal Revenue Service today released its final report summarizing audit results from the IRS' colleges and universities study, which began in 2008. This final report describes the agency's multi-year project on a major segment of tax-exempt organizations.

    "The audits identified some significant compliance issues at the colleges and universities examined," said Lois Lerner, Director, Exempt Organizations division. "Because these issues may well be present elsewhere across the tax-exempt sector, all exempt organizations need to be aware of the importance of accurately reporting unrelated business income and providing appropriate executive compensation."

    The attached final report focuses on two primary areas within the examinations: reporting of unrelated business taxable income, and compensation, including, employment tax and retirement plan issues.

    The interim report issued in 2010 focused on results from the questionnaires submitted by tax-exempt colleges and universities.

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  • Alex S. Gabor
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    Comments (224) | Send Message
     
    Author’s reply » http://yhoo.it/Zo3Nbm Nice job on J.C. Penny kudos to Soros Fund Management. Advice to George Soros Sr and Jr. Short a million shares of HRB pending results if Federal Investigation refered from this IRS report:

     

    http://yhoo.it/Zo3Nbm
    25 Apr 2013, 07:54 PM Reply Like
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