A new Government Accountability Office report looks at campaign finance law. It identifies impermissible levels of political campaign intervention by tax-exempt organizations and the outcomes of IRS enforcement efforts. In fiscal years 2010 through 2017, the IRS conducted and closed 226 examinations related to organizations’ non-compliant political campaign intervention. More than half of the examinations didn’t result in the IRS revoking an organization’s exempt status or imposing an excise tax for its political campaign intervention, the report said. For example, out of the 226 examinations, 127 organizations were only issued a written advisory. Read the report: https://bit.ly/2twIvjC. Call or visit our website for more information!www.mjscpa.com/
