WASHINGTON -- The Internal Revenue Service says it plans to beef up administrative guidance for private, nonprofit organizations by sharply increasing the issuance of revenue rulings, some of which presumably could cover issues related to tax-exempt bonds.

The dearth of revenue rulings in the 501(c)(3) area "in' my view is a prime candidate for attention in an era of reinvention," IRS assistant commissioner James McGovern told a joint meeting of the American Law Institute and the American Bar Association yesterday.

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