IRS flooded with comments on nonprofit rule

IRS flooded with comments on nonprofit rule

The IRS is getting an earful as it weighs new rules on how to treat so-called “dark-money” nonprofit groups that are flooding the political scene.

The comment period for the proposed rules, which have exercised liberal and conservative groups alike, closed last week with the second highest total of comments for any proposal in the agency’s history, according to a survey by the Sunlight Foundation, a watchdog group.

The new rules, which would redefine and regulate political activities for nonprofit 501(c)(4) groups, received mostly critical comments from more than 143,000 people and organizations. The only proposal to generate more comments was the Obamacare contraceptive mandate, which received 165,000 comments.

The massive response surprised even veterans of the nation’s campaign finance battles.

Trending: BREAKING: U.S. Federal Reserve system down; banks unable to make e-transfers; *UPDATE*

A tweet from Citizens for Ethics and Responsibility in Washington (CREW) read, “We knew Americans cared about getting money out of politics, but the response to #IRS regulations is still stunning.”

Continue reading →

Comments

For your convenience, you may leave commments below using Disqus. If Disqus is not appearing for you, please disable AdBlock to leave a comment.