| IRS recommends governance policies
Sound nonprofit governance, while not dictated by federal tax law, is important to the successful operation of tax-exempt groups, the IRS says in an article posted on its website. To encourage such internal oversight, the IRS "commends" a series of policies and practices, which it says are directed to public charities, but also can be beneficial to private foundations and other exempt groups. The article covers a number of topics, including a nonprofit's mission, governing body, governance and management policies, financial statements and 990 reporting, and transparency and accountability. There are several specific areas for which the IRS recommends adoption of formal policies, says the Nonprofit Risk Management Center in its March 19 newsletter.
IRS offices offer help on getting tax rebate
Most federal Internal Revenue Service offices, including one in La Crosse, will be open Saturday to help retirees, veterans and low-income workers receive upcoming tax rebates.The local IRS office, in Room 204 on the second floor of the La Crosse post office at
425 State St., will be open from9 a.m. to 3 p.m. on "Super Saturday." It will help people who normally aren't required to file an income tax return complete a simple Form 1040A tax return so they can qualify for the rebate.The IRS office's regular hours are 8:30 a.m. to noon and 1 to 4:30 p.m. weekdays.IRS personnel also will provide the same service from noon to 3 p.m. Saturday at the Veterans Affairs Medical Center at 500 E. Veterans St. in Tomah, Wis."We encourage people to bring the right information, such as proper identification and proof of Social Security numbers for themselves and any dependent such as their wife and children, and benefit statements" such as W-2 earnings statements and annual Social Security notices of benefits paid in the previous year, said Christopher Miller, IRS spokesman in Milwaukee.About 320 IRS offices nationwide will be open Saturday to prepare the simple Form 1040A for people who are filing a return solely to receive their economic stimulus payment, Miller said.For millions of Americans, filing a tax return is not routine because their income either is too low or not taxable, IRS officials said.
IRS tax centers opening across the Treasure Coast
The Internal Revenue Service will open hundreds of offices nationwide on Saturday only to reach Americans eligible for the economic stimulus payment but who normally are not required to file an income tax return. Three locations on the Treasure Coast will help people prepare the simple Form 1040A. Those individuals will file solely to receive a stimulus payment, not pay income taxes. If you go to a location, bring some or all of the following: W-2s for proof of earned income Form 1099-SSA Form 1099-RRB Proof of Veterans Administration disability benefits Checking or savings account information with account and routing number For more information, visit www.irs.gov. OPENING SATURDAY Fort Pierce, Fort Pierce Housing Authority, 707 N.
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