London A record number of comments, 23,000 and counting, have now been filed with the Internal Revenue Service, over proposed new rules affecting tax exempt nonprofits, particularly organizations with a c4 status, but even potentially c5’s which are labor unions and c6’s which are trade associations. When you hear IRS and tax exemptions, the first …
Tag: irs
Proposed IRS Rules on C4s a Mixed Bag Likely to See Lobbying from Right and Left
New Orleans The IRS announced that it is proposing clearer rules to regulate the “social welfare” practices of C4 tax exempt nonprofits. I should start with a disclaimer. I’ve never operated a c4 organization, though I recognize the fact that they have recently become the rage, largely among lawyers and CPAs I would argue, but …
Obamacare and the IRS
Little Rock One of the things that is interesting in learning about the Affordable Care Act or Obamacare is how much of the interface for the American public is not going to be the kind and gentle hands of the Health and Human Services (HHS) Department under whose auspices the program will be run, but …