Philadelphia School District Audited by IRS

more+
less-

It is ironic that the Philadelphia School District is being audited by the IRS the same time as the district is requesting for up to $110 million from the city of Philadelphia. This amount is to cover for a $629 million funding gap the district faces this coming fiscal year.

On Tuesday last week, IRS officers appeared at the district headquarters to begin the audit. On the same day, the district officials approached City Council to ask for between $75 million and $110 million to pay for the budget shortfall. The district officials asked the IRS officers to reschedule their work.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

Written by:

more+
less-

The Law Offices of Darrin Mish, P.A. on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×