“IRS Denies 501(c)(4) Status to Emerge America — Is Crossroads GPS Next?”
Tax Prof blogs and links the IRS’s letter.
Category Archives: tax law and election law
” Watch Live TV Coverage Obama Speaks on Economy, European Debt Crisis IRS Denial of Tax Exemption to U.S. Political Group Spurs Alarms”
Important Bloomberg report. I expect and fear that any action will come too late to rein in these sham Super PACs for this election.
“D.C. Circuit Panel Set to Hear Arguments In Political Ad Disclosure Case on Sept. 14”
Bloomberg BNA on Van Hollen case: “In the wake of the district court decision in Van Hollen, groups that have sponsored electioneering communications appear now to be adjusting their strategy by altering the timing or content of their ads. Messages… Continue reading
“Watchdog Groups Submit New Information to IRS Showing Crossroads GPS Not Entitled to Section 501(c)(4) Tax-Exempt Status”
See this press release.
“Campaign Finance Disclosure Decision Means Rove, Others Could Suddenly Have To Disclose Donors”
HuffPo reports.
Breaking News: Court of Appeals for D.C. Circuit Denies Stay in van Hollen Campaign Disclosure Case on 2-1 Vote; Sets Sept.Argument Date
Big news from the D.C. Circuit in this order and opinion. The opinion for two of the three judges explaining the reasons for denying the stay lean heavily on how the challengers to the district court ruling are unlikely to… Continue reading
“The Landscape Shifts around Electioneering Communications; What the Van Hollen decision means for nonprofits”
Alliance for Justice: “The regulations governing federal campaign finance are constantly changing, even during an election year. Unfortunately, for nonprofit organizations engaged in issue advertising, the rules about disclosure just got murkier. Last week, the U.S. District Court for… Continue reading
“Most independent ads for 2012 election are from groups that don’t disclose donors”
Must-read Dan Eggen report for WaPo: “Nearly all of the independent advertising aired for the 2012 general-election campaign has come from interest groups that do not disclose their donors, suggesting that much of the political spending over the next six… Continue reading
“Charity Status Of Conservative Group Challenged”
“Crossroads Political Machine Funded Mostly By Secret Donors”
iWatch:
Sixty-two percent of funds raised by two conservative groups associated with former Bush adviser Karl Rove have come from mystery donors, a statistic that shows the increasingly important role being played by nonprofits in a post-Citizens United political… Continue reading
“Crossroads groups: $100 million raised so far this cycle”
No breakdown yet on how much to its secret GPS arm.
“Crossroads: The ATM of the Right”
Politico reports. UPDATE: The article links to the tax returns themselves.
“Crossroads GPS Files Tax Forms Claiming It Spent Only 23 Percent on Political Activity”
Bloomberg BNA: “Crossroads GPS, a Republican-leaning group organized under Section 501(c)(4) of the tax code, reported to the Internal Revenue Service that it spent less than a quarter of its budget in 2010 and 2011 for ‘political campaign and… Continue reading
Common Cause Says ALEC is Violating Its 501c3 Status
I’m no tax lawyer, but on its face this looks like a reasonable point. A c3 cannot engage in substantial lobbying and legislation is necessary to achieve its ends.
What am I missing? (And I concede I may be missing… Continue reading