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The "social welfare" mission for tax-exempt nonprofit groups certainly covers issues about government spending, government debt, federal taxes, "how the government is run," the Bill of Rights and the Constitution.Those educational efforts are within the letter of the tax law and the IRS code, tax pros say.So why did the IRS zero in on nonprofit applicants with the words "Tea Party" or "patriot" in their names for doing just that, rejecting their tax-exempt status for educating the public on issues that affect all taxpayers? Why did the IRS start applying a new political test in January 2012, according to the Washington Post , for these "social welfare" groups that apply for tax-exempt status?Did the IRS also do a deep dive of left wing groups with the words "progressive" or "move on" in their names, as Rep. Daryl Issa (R-Calif.) asks?"Unfortunately, it appears as though the IRS looked only at conservative groups applying for the exemption, an inexcusable mistake," The New York Times no...
General Growth Properties Inc's (NYSE:GGP) reorganization plan was approved on Thursday, paving the way for the mall operator to exit bankruptcy a year and a half af...
Non-Profit experts Ken Berger, Howard Husock and Steven Goldberg on philanthropy.
June 10, 2008 8:29 AM The Hunt Oil Family's Battle Royaleby Elizabeth MacDonaldSelect rating Poor Okay Good Great Awesome No votes yetComments »Hunt Petroleum, the o...
June 10, 2008 08:29 AM UTC by Elizabeth MacDonaldThe Hunt Oil Family's Battle RoyaleHunt Petroleum, the oil and gas producer owned by the Hunt oil family of Dallas, ...
Paul Allen, the lesser known co-founder of Microsoft Corp, has struggled for decades to make his mark as a business mogul beyond the software company he started with...
Gunderson Capital Management founder Bill Gunderson on whether investors should sell gun stocks in the wake of the Connecticut school shooting.
On a trading day that saw the S&P 500 gain 0.1%, the Services sector (IYC) showed little change.Citi Trends (NASDAQ:CTRN) was one of the sector's big losers, as its ...
Bill Ackman's Pershing Square Capital Management has 21.8 million shares of Procter & Gamble Co. (PG) and call options on an additional 8.3 million shares, and has s...
This is a guest post from Robert Brokamp of The Motley Fool . Robert is a Certified Financial Planner, the adviser for The Motley Fool's Rule Your Retirement service...
Fmr. Bush Deputy Chief of Staff Karl Rove on the growing number of states, cities and companies requesting exemptions from the health-care law.
General Growth Properties reorganization plan was approved Thursday, paving the way for the mall operator to exit bankruptcy a year and a half after it was brought t...
