House Ways and Means Committee chairman Dave Camp, R-Mich., has written to Treasury Secretary Jacob Lew and Internal Revenue Service commissioner John Koskinen asking for all documents pertaining to the proposed changes in rules for organizations applying for tax-exempt status under Section 501(c)(4) of the Tax Code.
The IRS and the Treasury issued proposed regulations last November in an effort to settle the controversy that erupted over the discovery that it was using terms such as “Tea Party,” “Patriot,” “Progressive” and “Occupy” to screen applications from political groups for 501(c)(4) tax-exempt status (see Treasury and IRS Issue Guidance or 501(c)4 Tax-Exempt Social Welfare Organizations).
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access