Archive for November, 2011

EO Tax Journal 2011-179

Paul Streckfus, November 1, 2011 at 6:20 am

Today I have some recent articles that I think readers will find of interest.

1 – “Fine Line Between Politics and Issues Spending by Secretive 501(c)(4) Groups”

This article lists the five top conservative and liberal 501(c)(4) groups in political spending. I think the IRS should immediately audit all ten groups, and thereby avoid any charges of favoring Democrats or Republicans. The Los Angeles Times, in an editorial (reprinted below), seems to agree with me!

2 – “Catholic Answers’ Lawsuit Against IRS Unlikely to Succeed”

Not everyone agrees with my comments last Thursday that the Supreme Court will grant cert to Catholic Answers. Professor Lloyd Mayer explains why not in this article.

3 – “IRS Plans to Check Some Bond Issues Used by Nonprofits”

Last Tuesday I mentioned in interviewing Laura Kalick that I had heard that the IRS Tax Exempt Bonds Division is going to have a Schedule K compliance program next year, and a few readers said, please provide more details. I’m including an article that does. Continue…