The Internal Revenue Service has issued letters denying tax-exempt status to three unidentified political groups that had applied for the exemption as Section 501(c)(4) groups.
IRS Rejects Tax Exemption for Political Groups
All Accounting Today articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, blog discussions, and conference discounts. Registered members may also choose to receive our exclusive Tax Pro Today e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.