Exclusive: Clinton Charities Will Refile Tax Returns, Audit For Other Errors

 

 

 

 

 

 

” Hillary Clinton’s family’s charities are refiling at least five annual tax returns after a Reuters review found errors in how they reported donations from governments, and said they may audit other Clinton Foundation returns in case of other errors.

  The foundation and its list of donors have been under intense scrutiny in recent weeks. Republican critics say the foundation makes Clinton, who is seeking the Democratic presidential nomination in 2016, vulnerable to undue influence. Her campaign team calls these claims “absurd conspiracy theories.”

  The charities’ errors generally take the form of under-reporting or over-reporting, by millions of dollars, donations from foreign governments, or in other instances omitting to break out government donations entirely when reporting revenue, the charities confirmed to Reuters.

  The errors, which have not been previously reported, appear on the form 990s that all non-profit organizations must file annually with the Internal Revenue Service to maintain their tax-exempt status. A charity must show copies of the forms to anyone who wants to see them to understand how the charity raises and spends money.”

 

    If you were discovered to have wrongly reported income o your tax returns would the IRS be so kind as to give you a do-over ?

 

Reuters has the whole story

 

 

 

 

 

 

 

 

 

 

 

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