Feature Photo Service - FPSnewswire-ANNOUNCING AN ON-LINE SURVEY TOOL FOR SMALL TAX-EXEMPT ORGANIZATIONS TO HELP AVOID IRS INTERMEDIATE SANCTIONS

Feature Photo Service - FPSnewswire: "ANNOUNCING AN ON-LINE SURVEY TOOL FOR SMALL TAX-EXEMPT ORGANIZATIONS TO HELP AVOID IRS INTERMEDIATE SANCTIONS
Redmond, WA/March 30, 2005/FPSnewswire/- The Internal Revenue Service is cracking down on perceived and real abuses of excessive compensation in tax-exempt organizations by applying intermediate sanctions. Small tax-exempt organizations with annual gross receipts (including contributions) of less than $1 million can use the IRS' safe harbor for small organizations as one step in demonstrating reasonable executive compensation. The IRS allows these organizations to gather compensation information on three comparable organizations in the same or similar communities for similar services to demonstrate compensation comparability data.
SalaryExpert.com's Web site provides an easy and inexpensive on-line tool for small tax-exempt organizations to gather this executive compensation information on comparable organizations.