Estate-Tax Repeal Faces Hurdle in Senate
By JANET L. FIXWhen the Senate returns from its spring recess next week, President Bush faces an uphill fight to eliminate the estate tax, a move that some people fear could hurt charitable giving. Having convinced the House to pass a repeal of the tax, Mr. Bush must now win over a Senate evenly…
Audit Rate Drops Sharply for Nonprofit Groups
By JANET L. FIXEnforcement efforts by the Internal Revenue Service against tax-exempt organizations have slowed considerably in the past decade, according to new data provided by the I.R.S. in response to questions from The Chronicle. Only 8,611 of the 641,383 returns filed by tax-exempt…