IRS proposes new rules for tax-exempt organizations - WRBL

Text Description

IRS proposes new rules for tax-exempt organizations

Posted: Updated:

The IRS and U.S. Treasury Department are proposing new rules that would curb the involvement of tax-exempt organizations in political campaigns.

The rules would restrict the ability of social welfare groups to engage in activities, like campaign advertising for or against a specific candidate and voter registration drives.

This comes in the wake of controversy over the IRS' scrutiny of liberal and conservative groups.

Earlier this year, the IRS admitted it held up groups seeking tax-exempt status if they had the words "tea party" or "patriot" in their name.

But the agency said it was not targeting groups out of political bias.

The IRS will ask for public opinion on the proposed rules before making them final.

Powered by WorldNow

1350 13th Avenue
Columbus, GA 31901

Telephone: 706.323.3333
Fax: 706.327.6655
Email: news@wrbl.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.