The work plan describes and documents the results of FY 2016 activities and outlines projects and priorities for FY 2017 regarding exempt organizations; employee plans; federal, state, and local governments; Indian tribal governments; tax-exempt bonds; and government entities compliance services. Read the TE/GE work plan [PDF 724 KB]
The FY 2017 work plan outlines the focus areas in which IRS Exempt Organizations (EO) is deploying resources. The following are highlights of the work plan.
EO will continue to use data-driven case selection models to identify and address existing and emerging high-risk areas of noncompliance. Forms 990, 990-EZ, and 990-PF case selection models will be improved based on feedback received from field employees, and EO will implement new models for Form 5527, Form 990-T and the post-determination compliance program. EO will also develop a referral model. As in FY 2016, examinations will continue to focus on five strategic issue areas:
EO will also implement a statistical sampling methodology to assess compliance in the EO population.
Compliance data included in the work plan indicate that EO is focused on the following issues in 2016:
In FY 2017, EO intends to emphasize the following:
The FY 2017 work plan also includes objectives for other TE/GE groups, including: employee plans; federal, state, and local governments; Indian tribal governments; tax-exempt bonds; and government entities compliance services.
For more information, contact the Managing Director-in-Charge of KPMG's Washington National Tax Exempt Organizations Tax group
D. Greg Goller | +1 (703) 286-8391 | email@example.com
© 2017 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.