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According to the IRS, a Group Exemption Letter is a ruling or determination letter that is issued to a central organization recognizing, on a group basis, the exemption from Federal income tax under 26 U.S.C. § 501 (c) of subordinate organizations on whose behalf the central organization has applied for recognition of exemption.
The Department of Justice asked the IRS to review the tax-exempt status of the CSC and other Scientology entities, believing that the CSC's exemption was inconsistent with the earlier revocation of the Founding Church's exemption. In July 1966, the IRS sent the CSC a letter stating that the IRS proposed to revoke the tax exemption on the ...
In 2013, the United States Internal Revenue Service (IRS), under the Obama administration, revealed that it had selected political groups applying for tax-exempt status for intensive scrutiny based on their names or political themes. This led to wide condemnation of the agency and triggered several investigations, including a Federal Bureau of ...
A powerful House panel asked the IRS Tuesday to revoke the tax-exempt status of nine nonprofits that sowed “chaos and discord” during anti-Israel protests on college campuses, according to ...
The move prompted a national nonprofit, the Freedom From Religion Foundation, to write a letter to the Internal Revenue Service, urging the IRS to strip Hibbs’ church of its tax-exempt status.
A 501 (c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501 (c)). Such organizations are exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501 (c) for definitions ...
This limiting of the powers is crucial to obtaining tax exempt status with the IRS and then on the state level. [12] Organizations acquire 501(c)(3) tax exemption by filing IRS Form 1023. [13] As of 2006, the form must be accompanied by an $850 filing fee if the yearly gross receipts for the organization are expected to average $10,000 or more.
Stacy Perman. June 17, 2024 at 10:05 AM. Epoch Times newspaper boxes New York City. (Mark Lennihan / Associated Press) The government watchdog organization Accountable.US filed an IRS complaint ...