ACCOUNTANTS FOR
THE PUBLIC INTEREST OFFERS
NEW PUBLICATION

The Accountants for the Public Interest (API) is a national nonprofit organization through which volunteer accountants donate their time and expertise. API assists small and start-up businesses, nonprofit organizations, charities, and low-income individuals. This volunteer service is carried out by a growing network of API Affiliates who last year served over 45,000 organizations and individuals. API is developing a new publication, "What a Difference Knowledge Makes: A Guide to Intermediate Sanctions for 501(C)(3) and 501(c)(4) Organizations. This publication will cover Intermediate Sanctions, a bill that was signed into law last year as part of the Taxpayer's Bill of Rights 2. This law penalizes insiders who receive an excess benefit from their involvement with 501(c)(3) and 501(c)(4) organizations. Any person who is defined as having power or influence in an organization's decisions making should learn about this bill. Intermediate Sanctions target two groups of individuals within 501(c)(3) and 501(c)(4) organizations: persons of influence and managers. This book provides the necessary information to navigate the regulatory pitfalls covered under the Intermediate Sanctions law. To learn more about API, volunteer services, and API publications call (202) 347-1668 or fax (202) 347-1663. *