Friday, May 23, 2014

IRS backtracks on 501(c)4 rule after flood of negative comments « Hot Air

IRS backtracks on 501(c)4 rule after flood of negative comments « Hot Air: "Will the IRS retreat from managing political speech through the tax code? One might have thought that the scandal that erupted a year ago this month would have discouraged the tax agency from pressing forward again, but they still proposed a more extensive enforcement mechanism for 501(c)4 groups just months after the targeting of conservative groups was exposed. After an avalanche of negative comments in the public-review period, though, the IRS is rethinking their approach."



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