Huge news in WSJ: The Obama administration Tuesday proposed a crackdown on the widespread use of tax-exempt organizations for political campaigning, seeking to reduce the influential role that the secretive groups have played in recent elections. The new “guidance”… Continue reading

Bloomberg reports.

Cincinnati Enquirer: More than six months after a top Internal Revenue Service official acknowledged the agency inappropriately scrutinized applications for tax exemption by tea party and other conservative groups, the scandal has faded from the headlines and moved to Congress’… Continue reading

CPI: The liberal League of Conservation Voters is fast becoming one of the nation’s strongest “dark money” forces — a realm conservative groups have typically dominated. New documents filed with the Internal Revenue Service and obtained by the Center … Continue reading

Bloomberg BNA: While the Internal Revenue Service works on new guidelines for determining which organizations are eligible for tax code Section 501(c)(4) exemptions, it has cleared 75 percent of the backlog of applications caught up in the Tea Party… Continue reading

CPI: “New Internal Revenue Service tax returns shed light on hefty spending by key nonprofit groups on political campaigns and lobbying  — and the disclosures also show that some of the money raised by these groups, which aren’t required… Continue reading

CPI: “A nonprofit organization started by two former Obama White House staffers received $5 million — or most of its $8.4 million in revenue last year — from four unnamed donors, new disclosures obtained by the Center for Public … Continue reading

Lee Fang: But now, thanks to recently released tax returns, we are beginning to learn just who some of the dark-money princes were in 2012 and how much money they spent. As the returns reveal, business interests were very… Continue reading

Byron Tau: Three massive checks helped fuel Karl Rove’s $300 million dollar campaign against President Barack Obama and Senate Democrats. Crossroads GPS, the nonprofit affiliate of the super PAC American Crossroads, reported receiving three eight-figure contributions —of $22.5 million,… Continue reading

CPI reports.

See here.

Big number.

CPI: Americans for Prosperity — the main political arm of billionaire industrialist brothers Charles and David Koch — spent a staggering $122 million last year as it unsuccessfully attempted to defeat President Barack Obama and congressional Democrats, according to… Continue reading

John Myers reports.