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FED 387 · 04-14-2009, 05:07 PM

The main thing they(NHRA EXECS) have to watch out for is something called "intermediate sanctions" Not really sure what they are or how they work but the IRS pays particularly close attention to them when they do an audit--Has to with exec compensation/ loans/ preferential " treatments to/for officers"etc.
I'm not an accountant maybe Ms. Jordan can shed some light on what they are & how they work... It all has to do with excessive compensation and perks in relationship to the job as well as what executives are being paid in similiar positions in other non- profits, and the annual dollar amount of the organization ---My take on it --Comp 387

04-14-2009, 05:07 PM	#35
FED 387 VIP Member Join Date: Jun 2006 Posts: 3,424 Likes: 545 Liked 333 Times in 180 Posts	Re: NHRA Please Read The main thing they(NHRA EXECS) have to watch out for is something called "intermediate sanctions" Not really sure what they are or how they work but the IRS pays particularly close attention to them when they do an audit--Has to with exec compensation/ loans/ preferential " treatments to/for officers"etc. I'm not an accountant maybe Ms. Jordan can shed some light on what they are & how they work... It all has to do with excessive compensation and perks in relationship to the job as well as what executives are being paid in similiar positions in other non- profits, and the annual dollar amount of the organization ---My take on it --Comp 387