A longstanding tax exemption preventing nonprofit organizations from engaging in political campaign activity that favors individual candidates has been reinterpreted — signaling that religious ...
WASHINGTON (AP) — The IRS says pastors who endorse political candidates from the pulpit should not have to risk losing their tax-exempt status. The move effectively calls for a carve out for religious ...
A federal court this week struck down a controversial Internal Revenue Service “facts and circumstances” test for nonprofit ...
The IRS furlough of nearly half its workforce means both trouble & opportunity for all taxpayers, Expert offers what to expect, how to navigate it ...
(RNS) — Notwithstanding the consent decree, it's an open question whether the US Supreme Court would go along with voiding the Johnson Amendment. (RNS) — Earlier this month, the IRS announced it would ...
The IRS has issued a private letter ruling on Section 1502-75, granting the taxpayer, a subsidiary of a parent affiliated corporate group, extension of time to file a consolidated federal ...
A new court filing reinterprets a longstanding tax law, signaling that houses of worship may now be able to endorse political candidates without losing their tax-exempt status as nonprofit ...