IRS Flags Potential Excess Benefit Transactions at Epic Charter Schools, State Criminal Trial Looms

The IRS has identified potential excess benefit transactions between Epic Charter Schools and its founders' for-profit management company, even as it allowed the school to keep its nonprofit tax status. The findings, covering fiscal years 2019 through 2021, could result in significant financial penalties as a separate state criminal case moves toward trial. The post IRS Flags Potential Excess Benefit Transactions at Epic Charter Schools, State Criminal Trial Looms appeared first on Oklahoma Watc...