Michael Mares delivers the week’s updates on the latest tax updates.

• Tax exempt organizations IRS will start asking organizations during examinations about their internal financial controls. You can find more information on Form 990 click here and enter keyword 990.
• The IRS will continue to focus on executive compensation in tax exempt organizations
• S corporation compensation vs. distributions
• California wildfire areas declared Presidential disaster areas, IRS extends deadlines.
• And more.

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