IRS May Crack Down On Political Nonprofits
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.”
“If it’s going to be a fair system, it needs to apply across the board,” Koskinen said when asked by POLITICO if such groups would be included in the new rule. “[I]f we have a set of definitions for 501(c)(4)s, what about everybody else? Can they do more or less [political activity]? And for us as (an) administration, for ease of administration, it makes sense to have this common definition.”
The impact of extending the proposed rule to groups registered under section 527 of the code is unclear, since a majority of these groups that are most active at the federal level are also registered with the Federal Election Commission.
[su_fb]
Copyright 2015 Liberaland
By: dave-dr-gonzo
David Hirsch, a.k.a. Dave "Doctor" Gonzo*, is a renegade record producer, video producer, writer, reformed corporate shill, and still-registered lobbyist for non-one-percenter performing artists and musicians. He lives in a heavily fortified compound in one of Manhattan's less trendy neighborhoods.
* Hirsch is the third person to use the pseudonym, a not-so-veiled tribute to journalist and author Hunter S. Thompson, with the permission of his predecessors Gene Gaudette of American Politics Journal (currently webmaster and chief bottlewasher at Liberaland) and Stephen Meese at Smashmouth Politics.
6 responses to IRS May Crack Down On Political Nonprofits
Leave a Reply
You must be logged in to post a comment.
jybarz March 19th, 2015 at 10:11
It will be mostly the conservatives/teabags who will be squealing and complaining because they can no longer cheat on taxes and donors alike like Palin did for example.
The Boss March 19th, 2015 at 11:43
Those gol durn teabaggers!!! they just keep on teabagging every cup of warm water they find!!!!.
tiredoftea March 19th, 2015 at 12:34
Great, let’s just give Boehner and his crazy right buddies more job security!
bluejayray March 19th, 2015 at 18:19
They need to go after churches, too. They are abusing the system.
Warman1138 March 20th, 2015 at 01:09
One can only hope.
bpollen March 20th, 2015 at 03:19
This is one of those “duh” moments for the IRS. Similar to a bank saying “we may want to think about locking our doors.”