• Lessons from the IRS Nonprofit College and University Compliance Project: Final Report Offers a Wealth of Information for All Tax-Exempt Organizations
  • August 2, 2013 | Authors: Matthew T. Journy; Margaret C. Rohlfing; Yosef Ziffer
  • Law Firms: Venable LLP - Washington Office ; Venable LLP - Baltimore Office
  • In October 2008, the Internal Revenue Service (“IRS”) began work on the nonprofit Colleges and Universities Compliance Project (the “Project"), distributing an initial compliance questionnaire to over 400 tax-exempt colleges and universities. Based on the information obtained from the compliance questionnaires, the IRS then selected 34 colleges and universities for further examination.