Issue Number 2008-15

In This Issue:

1. 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.