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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...
U.S. crude futures pointed higher Thursday as traders await a report on domestic oil and fuel stockpiles.Light, sweet crude for March delivery recently traded 80 cen...
"What has Martin Luther King, Jr. ever done for this country?"The moment that question was posed to me last year -- by someone I'm related to -- may have been the mo...
Bolstered by a rapidly depreciating yen and surging Japanese equities, the WisdomTree Japan Hedged Equity Fund (NYSE:DXJ) has topped the $2 billion in assets under m...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
FOX Business: Capitalism Lives HereU.S. stock-index futures were little changed Tuesday, suggesting the Dow could open near its highest level since 2007 as traders m...
FOX Business: Capitalism Lives HereThe markets budged little Tuesday as traders mulled a batch of earnings from big-name companies and positive economic data from Eu...
FOX Business: Capitalism Lives HereThe Dow and broad S&P 500 continued climbing Tuesday after reaching their highest levels since 2007 last week as traders mulled ea...
After a long weekend break, U.S. stock-market futures traded cautiously ahead of Wall Street's open, as investors pored over earnings from DuPont and awaited others....
After a long weekend break, U.S. stock-market futures traded cautiously ahead of Wall Street's open, as investors pored over earnings from DuPont and awaited others....
“Bullies” author Ben Shapiro on the President’s speech at the Inauguration.
Boston University Professor of American Religion Stephen Prothero on the President’s Inauguration speech.
The Wall Street Journal Washington Bureau Chief Jerry Seib on the president’s second term in office.
Igor Luksic, leader of the Social Democrats in Slovenia's ruling coalition, disagrees with the European leaders who say his country should privatize its three bigges...
U.S. automakers joined other Michigan businesses on Monday in donating $8 million for new ambulances and police cars to Detroit as state-appointed emergency manager ...
FOX News senior judicial analyst Judge Andrew Napolitano explains the legality of President Obama’s proposed immigration reform.
Though not perfect, America offers more opportunities for ethnic and minority groups than any other nation on Earth.
FNC’s Juan Williams discusses the creation of the Martin Luther King Jr . holiday.
U.S. gasoline demand rose 2.7% from a week earlier, to an average of 8.366 million barrels a day in the week ended Jan. 18, according to a SpendingPulse report relea...
U.S. crude futures held to gains Thursday, as improving U.S. jobs data and a boost in China's manufacturing sector outweighed a weekly government report showing an i...
