EO Update October 1, 2008
Issue Number 2008-15
In This Issue:
IRS Sends Compliance Questionaire to Colleges and Universities
1. IRS Sends Compliance Questionaire to Colleges and Universities
The IRS is sending a compliance questionaire to 400 small, mid-sized, and large public and private colleges and universities as part of a new compliance project designed to give the IRS a better understanding of this large component of the tax-exempt sector. The questionaire focuses on unrelated business income, endowments, and executive compensation practices.