Lawrence Associates quoted on University IRS Audits

BNA Daily Tax Report quotes Lawrence Associates in “IRS Audits Harvard, Other Universities in Probe of Exempt Purpose Rules” by Diane Freda, March 26, 2010.  In the article Lindalee Lawrence, President of Lawrence Associates, commented on the implications of audits for executive compensation. The article notes that according to former IRS Exempt Organizations Director Marcus Owens, now an attorney with Caplin & Drysdale, a review of compensation has now become a staple of every audit of an exempt organization.

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