Today, Issue One and the Campaign Legal Center called on the Internal Revenue Service (IRS) to enforce penalties against Americans for Job Security — one of the top spenders of political “dark money” in recent years — for failing to file three years’ worth of mandatory tax returns. For this, Americans for Job Security could be punished with the loss of its tax-exempt status as well as monetary fines.
A tax-exempt business league under Section 501(c)(6) of the tax code, Americans for Job Security has spent more than $20 million on political ads that overtly called for the election or defeat of federal candidates since the U.S. Supreme Court’s Citizens United v. Federal Election Commission decision in 2010.