EO Tax Journal

1 – The Elusive Lois Lerner (Part 2)

2 – Ocean Pines Loses Again Continue…

1 – The Elusive Lois Lerner

3 – More on Cato Institute Continue…

Can a (c)(3) be “owned” by four shareholders? I suppose it can, but read the article about the Cato Institute, reprinted below, and see what you think.

This has not been a good week for the IRS’ Exempt Organizations function. The Service has been taking it on the chin from both Democrats and Republicans over its handling of politicking by (c)(3)s and (c)(4)s; in addition, its handling of applications from nonprofit news organizations continues to come under fire. An article yesterday, reprinted below, gives an excellent summary of the complaints of Tea Party groups. Also yesterday the IRS received the following letter from Rep. Charles Boustany (R-Louisiana) to add to its miseries:
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1 – House Oversight Chairman Seeks Additional Information from the IRS on Tax-Exempt Sector Compliance, as Reports of IRS Questioning Grassroots Political Groups Raises New Concerns Continue…

1 – For the Person Who Has Everything

2 – Upcoming EO Programs

3 – IRS Inaction Does Matter (Part 2)

4 – Final Regs on Public Inspection of EO Documents Released Continue…