I.R.S. Action May Signal Impending Probe of Political Nonprofits - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

I.R.S. Action May Signal Impending Probe of Political Nonprofits - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: I.R.S. Action May Signal Impending Probe of Political Nonprofits

June 28, 2012, 10:37 am

The Internal Revenue Service is preparing to question some large 501(c)(4) advocacy groups about their political activities, signaling a possible investigation into whether the organizations are violating their nonprofit status, The Wall Street Journal reports.

Holly Paz of the I.R.S.’s tax-exempt division told a conference of certified public accountants Friday that the agency is working on a questionnaire to send to such groups. The agency has not set a date for when the queries will go out.