Wednesday, July 31, 2013

Continued Fallout in the IRS's 501(c)(4) Debacle

UntitledAs we have noted in other postings, Paul Caron’s TaxProf Blog is daily covering the controversy surrounding the IRS’s processing of applications for tax exemption filed by purported section 501(c)(4) organizations.  Here are a few developments from recent headlines:

  • House GOP seeks new IRS probe (Washington Post):  "whether the embattled Internal Revenue Service targeted conservative groups, this time after the organizations were already approved for tax-exempt status."
  • Rep. Issa Asks IG for Broader IRS Review (Wall Street Journal):  House Republicans asking Treasury Inspector General to investigate IRS's treatment of conservative organizations after their exemptions were granted.
  • IRS scandal inspires week of GOP bills (Pittsburgh's Tribune-Review):  House Republicans call it their "Stop Government Abuse Week" with bills that address government services and response times, a Taxpayer bill of Rights, and repeal of the Affordable Care Act.
  • House panel accuses IRS' Werfel of stonewalling probe (Fox News):  House Oversight and Government Affairs Committee accuses Acting IRS Commissioner for the "systematic manner" in which the IRS has "attempted to delay, frustrate, impede and obstruct" the Committee's investigation. 

NAM

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