[Mpls] Congress is cracking down on bogus non-profits

[David Brauer]

On Jun 21, 2004, at 11:27 AM, Victoria Heller wrote:

>> From today's Washington Post..... By Albert B. Crenshaw
>
> "In the wake of a long-running series of scandals and controversies
> involving charities and nonprofits, Congress's tax-writing committees 
> are
> launching an effort this week to crack down on fraudulent activities 
> and
> tighten laws governing tax exemptions for those groups.
>
<snip>

> Other proposals under consideration include:  . Revoking the tax-exempt
> status of nonprofits involved in tax shelters."
>
> Vicky here:
>
> In Minneapolis, a "non-profit" is added to almost every real estate
> development - to get more public money and to avoid paying taxes.  This
> could become very interesting: When the IRS starts auditing, I hope 
> The West
> Bank Community Development Corporation and Seven Corners Apartments 
> are at
> the top of its list.

Is there any probable cause that taxes have been illegally avoided? Any 
evidence to make this more than a drive-by, guilt-by-association 
accusation?

Anyone can investigate anything. But usually you need more than a 
dislike to get that going.

David Brauer
Kingfield