Expedited Determination Process for 501(c)(4) Organizations

The Internal Revenue Service recently released a memorandum modifying and clarifying procedures for Section 501(c)(4) applicants seeking exemption after December 23, 2014, which may potentially be engaged in political campaign intervention or providing private benefit to a political party, but that otherwise do not present any issues regarding their exempt status. The memo directs the […]

Proposed Guidance for 501(c)(4) Social Welfare Organizations

  On November 29, 2013, a Notice of Proposed Rulemaking by the Internal Revenue Service was published in the Federal Register containing proposed regulations that provide guidance to tax-exempt social welfare organizations on political activities related to candidates that will not be considered to promote social welfare. A 501(c)(4) social welfare organization must be operated exclusively […]