Friday, May 31, 2013
The heated debate regarding the IRS' treatment of Section
501(c)(4) exemption applications has gained more attention. Recently, a nonprofit filed a
claim asserting that its 501(c)(4) application was purposely not processed to
cause undue delay. Another organization is challenging the 501(c)(4)
regulations. The Senate
Finance Committee held a hearing
in which IRS commissioner Steven Miller, and former
commissioner provided testimony on the matters. The House also held a hearing, which contained testimony that the Treasury was not
involved in the allegations and have cooperated with the investigation. However,
Director Lois G. Lerner
asserted her Fifth Amendment
right and refused to testify.
See Further Developments in the 501(c)(4) Controversy, Charitable Planning, May 24, 2013.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.