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The Treasury Inspector General for Tax Administration found that inappropriate criteria had been used by IRS personnel to select certain applications for tax exemption status for further review and that inappropriate procedures were applied against organizations based on their names or policy positions. [11]
[8] [9] [10] The only denial of tax-exempt status by the IRS was to a progressive group. [11] The use of target lists continued through May 2013. [12] United States federal tax law, specifically Section 501(c)(4) of the Internal Revenue Code (26 U.S.C. § 501(c)), exempts certain types of nonprofit organizations from having to pay federal ...
Purported IRS targeting of conservative groups under President Barack Obama led to anti-IRS protests by the Tea Party. In May 2013, the IRS admitted it had subjected conservative political groups to closer scrutiny in their applications for tax-exempt status based on particular keywords in their names.
A powerful House panel asked the IRS Tuesday to revoke the tax-exempt status of nine nonprofits that sowed “chaos and discord” during anti-Israel protests on college campuses, according to ...
Organizations that violate the IRS rules may have their tax-exempt status revoked or denied, and may face penalties. In addition, concealing or misreporting prohibited activities may, depending on the circumstances, be a crime on the part of the individuals or organizations involved. [7] [8]
Errica Brenning, financial expert at Cash Buyers, recommends verifying your chosen charity’s tax-exempt status before donating. “The IRS has this nifty tool — the Tax Exempt Organization ...
The steps required to become a nonprofit include applying for tax-exempt status. If States do not require the "determination letter" from the IRS to grant non-profit tax exemption to organizations, on a State level, claiming non-profit status without that Federal approval, then they have actually violated Federal United States Nonprofit Laws.
“An organization has to have received the 501(c)(3) designation from the IRS for it to qualify as a ‘charitable organization’ in terms of deduction donations for tax purposes,” said ...