IRS May Broaden Rule To Police Political Nonprofits

 

IRS Commissioner John Koskinen testifies before the Financial Services and General Government Subcommittee on February 26, 2014 in Washington, D.C. John Shinkle/POLITICO

This is the picture of arrogance.

 

 

 

” The IRS may broaden a looming controversial rule to police political nonprofits to include political parties and political action committees, the IRS chief said Wednesday.

   IRS Commissioner John Koskinen said the agency may expand a yet-to-be-released rule governing 501(c)(4), “social welfare” groups, to include political groups known as 527s, which focus on elections. It could require them both — as well as other types of tax-exempt groups — to operate under the same definition of “political activity.” “

 

Politico

 

 

 

 

 

 

 

 

 

 

 

Advertisements