Saturday, January 5, 2013

Watchdogs to IRS: Reject Rove Group's Tax Application

The IRS is easing its hardship rules for victims of Sandy.Thomas Overstreet of Fruitland will serve time in federal prison for illegal gambling and failure to pay taxes.Two watchdog groups are calling on the IRS to reject Crossroads GPS' request to be recognized as a social welfare nonprofit. Democracy 21 and the Campaign Legal Center, nonpartisan outfits that favor tighter campaign finance regulations, wrote a letterSuch decisions, along with IRS' oversight of social welfare nonprofits overall, have come under increasing scrutiny as these groups have assumed an ever larger role in elections, pouring an unprecedented $322 million intoAgency's pleas for clarity on alternative minimum tax were answered.
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