“IRS Appears Headed Toward New Rules that Will Continue to License Secret Contributions in Federal Elections”

Fred Wertheimer:

IRS Commissioner John Koskinen appears to be headed toward issuing new IRS regulations that will continue to license section 501(c)(4) groups to improperly launder massive amounts of secret contributions into federal elections.

In testimony before the Senate Judiciary Committee, Commissioner Koskinen reportedly stated that section 501(c)(4) groups can engage in political intervention so long as that constitutes less than half of their activities.

Koskinen reportedly said, “So if an organization wants to spend less than half its money on politics, they can choose to become a 501(c)(4).” Koskinen also reportedly said the IRS is not trying to significantly change the way nonprofits operate today.

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