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IRS to Rubber Stamp Tax-Exempt Status for Most Charities After Scandal
Time Magazine ^ | July 13, 2014 | Massimo Calabresi

Posted on 07/13/2014 6:51:17 PM PDT by 2ndDivisionVet

IRS head touts “efficiencies" but some groups fear fraud.

Amid ongoing controversy over its scrutiny of non-profits, the Internal Revenue Service has decided it will no longer screen approximately 80% of the organizations seeking tax-exempt charitable status each year, a change that will ease the creation of small charities while doing away with a review intended to counter fraud and prevent political and other non-charitable groups from misusing the tax code.

As of July 1, any group that pays a $400 fee and declares on a three-page online form that it has annual income of less than $50,000, total assets of less than $250,000 and is in compliance with the tax code requirements of a charity will automatically be allowed to accept donations that are tax-deductible for the donors. Previously the groups had to fill out a detailed 26-page form, submit multiple supporting documents and provide a narrative description of their intended activities....

(Excerpt) Read more at time.com ...


TOPICS: Constitution/Conservatism; Crime/Corruption; Government; Politics/Elections
KEYWORDS: boycotttimewarner; internalrevenue; irs; irsscandal; loislerner; partisanwitchhunt; teaparty; timelies
Comments?
1 posted on 07/13/2014 6:51:17 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Just another variation of “Heads we win/tails you lose”. Since far more leftists form groups than the right they will still retain the advantage - plus they are far more likely to be abusers of the nonprofit rules.


2 posted on 07/13/2014 6:57:55 PM PDT by rockrr (Everything is different now...)
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To: 2ndDivisionVet
Like that will save their Bacon.
3 posted on 07/13/2014 6:59:21 PM PDT by SandRat (Duty - Honor - Country! What else needs said?)
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To: 2ndDivisionVet

I did it the old way but it was a PIA. The amounts of monies they are talking about are not worth monitoring by the IRS. The $400 fee seems likes it’s more than I paid, though.


4 posted on 07/13/2014 6:59:28 PM PDT by johniegrad
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To: 2ndDivisionVet
doing away with a review intended to counter fraud

The IRS should be reduced in size by about 99%. That would help reduce the crime rate in DC by a substantial amount. Any fraud is minor by comparison.

5 posted on 07/13/2014 7:04:51 PM PDT by stevem
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To: 2ndDivisionVet

Hookay! I’m running a charity that raises great citizens from helpless infants. Not one of our three girls turned out to be a criminal, drug addicted, bed wetting liberal. With that proven track record, we now want to set up a charity for helping to raise equally great grandchildren.


6 posted on 07/13/2014 7:09:53 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: 2ndDivisionVet

Good. Less money for them and I guess they’ve backed off from implementing the onerous rules they sought.

Next stop, end their employees union.

After that, flat, flat, flat and reduce their staff by 60%.

Oh yeah, and I STILL want to see Lois Lerner go to prison and lose her pension.


7 posted on 07/13/2014 7:10:48 PM PDT by jocon307
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To: rockrr

heads....tails?.....lol.. if u know that...Bet on inflation!!!...1st come..1st served!..............
old school thinking but it worked for me to a degree....


8 posted on 07/13/2014 7:11:03 PM PDT by M-cubed
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To: stevem

“You’re in trouble boy, we know where you’ve been.” Eagles, “On The Border “ album.


9 posted on 07/13/2014 7:13:05 PM PDT by Fungi
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To: 2ndDivisionVet

Well, that’s awfully convenient.

After you took the wind out of the sails of many good people or simply let others die on the shoals.


10 posted on 07/13/2014 7:13:06 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: 2ndDivisionVet

Sounds like the Dems have found a new way to create more charitable institutions to pay for their candidates.


11 posted on 07/13/2014 7:17:26 PM PDT by <1/1,000,000th%
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To: 2ndDivisionVet

Reform Obama style...


12 posted on 07/13/2014 7:18:24 PM PDT by Hotlanta Mike (‘You can avoid reality, but you can’t avoid the consequences of avoiding reality.’)
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To: 2ndDivisionVet

Pass H.R. 25 “FairTax” and all these IRS political controversies will disappear for good:

http://www.fairtax.org/site/PageServer?pagename=FAQs


13 posted on 07/13/2014 7:21:26 PM PDT by Hostage (ARTICLE V)
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To: 2ndDivisionVet

Now is the time to apply for a life-long Tax-exempt status.


14 posted on 07/13/2014 7:21:50 PM PDT by 353FMG
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To: 2ndDivisionVet

Going from Ridiculous to Insane


15 posted on 07/13/2014 7:32:20 PM PDT by molson209 (Blank)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Whew. The MSM can now ignore the reality by declaring the controversy over. Thanks 2ndDivisionVet.


16 posted on 07/13/2014 7:37:57 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: 2ndDivisionVet

Prior restraint is always wrong.

I have no doubt that there have been, are, and will be, organizations claiming tax exempt status for purely political purposes.

The appropriate response is punishment after the fact.


17 posted on 07/13/2014 7:47:33 PM PDT by jdege
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To: 2ndDivisionVet
They got what they wanted: Obama re-elected in 2012.

Now they can close the barn door after the horse got out.

18 posted on 07/13/2014 7:56:54 PM PDT by MUDDOG
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To: rockrr

the government commit more crimes than the private sector. Its worth the risk


19 posted on 07/13/2014 7:59:49 PM PDT by 4rcane
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To: 4rcane

From one extreme to the other....real smart.


20 posted on 07/13/2014 8:02:35 PM PDT by Kackikat (ELECTED officials took an OATH...get off your cowardly a$ses and be A PATRIOT now!)
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To: 2ndDivisionVet

The cynicism of this administration is incredible.


21 posted on 07/13/2014 8:07:39 PM PDT by Yardstick
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To: 2ndDivisionVet

please donate money to my charity... White Men for Hot Chicks in Bikinis o Trampolines, Guns, God, and Ted Cruz. I expect to get my 501(c)(3) status any day now.


22 posted on 07/13/2014 8:21:10 PM PDT by Rodamala
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To: Vigilanteman

I think my charity may be able to participate in crossover fundraising activities... my membership just requires a writeup and photos of the three potential charity-sponsored individuals.


23 posted on 07/13/2014 8:24:04 PM PDT by Rodamala
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To: Kackikat

yes, freedom, asking to be left alone is extreme position


24 posted on 07/13/2014 8:37:29 PM PDT by 4rcane
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To: 2ndDivisionVet; Man50D; Principled; EternalVigilance; phil_will1; kevkrom; Bigun; PeteB570; FBD; ...

Under the FairTax, ALL business entities would be tax-FRee!

There would be no such thing as a “501 C-3” organization, and no need for a Lois Lerner!

See http://www.fairtax.org for more information.


25 posted on 07/13/2014 8:51:01 PM PDT by Taxman
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To: 2ndDivisionVet

Will the application form be in Spanish ?


26 posted on 07/13/2014 9:37:45 PM PDT by UCANSEE2 (Lost my tagline on Flight MH370. Sorry for the inconvenience.)
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To: 2ndDivisionVet

My understanding was that those organizations behind this case were STILL being held up in processing/approval.

Has this changed?


27 posted on 07/13/2014 9:52:29 PM PDT by a fool in paradise (The new witchhunt: "Do you NOW, . . . or have you EVER , . . supported traditional marriage?")
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To: 2ndDivisionVet

Still a good idea to name your charity something like Transgender Progressives for Equality. That will guarantee you are not in the 20% that gets screened.


28 posted on 07/13/2014 10:01:23 PM PDT by UnwashedPeasant (Don't nuke me, bro.)
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To: 2ndDivisionVet

I filed a 501(c)(3) app a year ago, and my organization — Ham Radio Club — is finally getting the approval. A year in the process!

We have $2500 in the bank, annual revenue of about $6000, and assets of $10K.

Where was this new reg when we needed it?!!!


29 posted on 07/13/2014 10:04:09 PM PDT by StevieB
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