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Intermediate Sanctions and Exempt Organizations

I recently needed to provide some information on Intermediate Sanctions for a tax exempt organization. Although dated, this NY CPA Journal article from 2006 is still a useful summary.

Key Thought: "Tax-exempt organizations must recognize the dangers that may arise from excess-benefit transactions and the increased regulatory scrutiny."

http://www.nysscpa.org/cpajournal/2006/606/essentials/p36.htm