The IRS continues to look for unrecorded income. Big shock there. One place that they are looking is small colleges and universities. It seems that 50% of school with less that 5,000 students failed to file their 990-T. This is required for stadium advertising, facility rentals and corporate sponsorship.
The IRS is going to keep looking and looking for more and more money. The government has an endless need to spread the wealth among themselves.