Paul L. CaronDean
Tuesday, January 12, 2010
By Paul Caron
Harvard announced yesterday in a $400 million tax-exempt bond offering that it is one of 40 universities being audited by the IRS as part of its review of the tax-exempt status of nonprofit organizations.
IRS News, Legal Education, Tax | Permalink
Listed below are links to weblogs that reference The IRS Is Auditing Harvard:
Posted by: Fat Man | Jan 12, 2010 8:09:37 AM
hmmm Does Larry Summers have a direct line to the IRS now?
Pay back is a bitch.
Posted by: Penny | Jan 12, 2010 9:21:25 AM
Larry Summers' payback?
Posted by: apetra | Jan 12, 2010 10:31:18 AM
Schadenfreude. After all, how many Harvard staff, faculty, and students do you think voted for Obama? I guess they finally have figured out who the rubes are.
Posted by: totwtytr | Jan 12, 2010 1:33:38 PM
I think ALL universities should be tax audited on a regular basis. They pay no taxes and throw money around on left wing causes like it's manna from heaven.
They should pay their fair share of taxes, because they don't really "educate" anyone.
Posted by: J. Wells | Jan 13, 2010 6:54:47 AM
Wonder if the auditors will be all Yale grads?
Posted by: Georg Felis | Jan 13, 2010 7:17:44 AM
This blog is an Amazon affiliate. Help support TaxProf Blog by making purchases through Amazon links on this site at no cost to you.