IRS News - January 13, 2003 Vol. 4 No.1

January 13, 2003 Vol. 4 No.1:

Published: 01/13/2003

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IRS News

Nonprofits that wish to comment on changes in IRS Form 990 have until January 28 to submit their recommendations on proposed changes in the areas of fundraising, organizational accountability, foreign grants and PACs. For more information, see the OMB Watch summary of proposed changes.

This Internal Revenue Service (IRS) has published a new IRS Continuing Professional Education (CPE) manual on tax-exempt organizations that focuses on consumer credit counseling organizations. Further chapters will be published as they are written. The CEP manuals provide helpful information to nonprofits, but they are primarily for IRS staff training purposes, and cannot be cited as authority. A summary of the 2003 IRS Workplan for exempt organizations is also on our site.