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Review Comments | 12.17.09

Thumbnail image for charlie rangel.jpgRangel Introduces Mutual Fund Tax and Regulation Bill – Charlie Rangel. Working for you. [TaxProf Blog]
SEC: Negative Equity Doesn’t Mean No Impairment – This implies that this rationale worked on someone at some point. [Compliance Week]
Is Your NFP in Danger of Losing Tax-Exempt Status? – “The IRS requires that if an organization has not filed any version of the Form 990 for three consecutive years, it will automatically lose its tax-exempt status on the due date of the third year.” [CB&H Not-for-Profit Blog]
Senate Panel Backs 2nd Bernanke Term – Much to the dismay of some. [WSJ]