< 1 min read
May 26, 2014
IRS will rewrite some 501c4 regulations, but avers it's "more efficient and useful to hold a public hearing after we publish the revised proposed regulation".
"The IRS will rewrite, without holding a public hearing, a proposed rule on the political activities of nonprofit groups, regulations that stemmed from the tea party controversy that rocked the agency last summer. The IRS said it will start writing a revised regulation amid criticism from both the left and especially the right on the proposal to tighten rules governing the tax-exempt status of so-called social welfare organizations." -- Rachel Bade, Politico