Posted on 01/15/2015 7:02:32 AM PST by Din Maker
Union-backed Pennsylvanians for Accountability, which spent more than $1 million on political advertisements targeting Republican Gov. Tom Corbett and a handful of state lawmakers, failed to file a mandatory tax return, the Center for Public Integrity has learned.
For failing to file returns with the IRS on time, the secretive, Pittsburgh-based Pennsylvanians for Accountability could be fined up to $50,000.
The IRS confirmed the agency had not received the group's tax filing. Adam Bonin, a Philadelphia-based lawyer who represents Pennsylvanians for Accountability, acknowledged the nonprofit didn’t file its tax return on time. He said the group would soon be submitting documents to the IRS. Bonin provided an unofficial copy to the Center for Public Integrity, which showed the group raised $1.23 million in its first year of existence. Most of the money came from labor unions.
Almost immediately after its formation in September 2012, Pennsylvanians for Accountability, is organized as a “social welfare” group under Section 501(c)(4) of the U.S. tax code. This tax status allows organizations like Pennsylvanians for Accountability to lobby to advance a “social welfare” mission and engage in politics, so long as overt support of or opposition to candidates is not their primary purpose.
This {501(c)(4)} tax status also generally allows these nonprofits to keep the names of their donors secret, unlike political action committees, which must disclose their funders. This has earned them the moniker “dark money.”
(Excerpt) Read more at news.yahoo.com ...
So TEA Party groups waited for three years for their 501c4 status, and many were turned down after turning in reams of paperwork, but this anti-Republican group got theirs immediately.
This IRS is such a bunch of crooks, the RICO statutes should be invoked and the top brass should be indicted for running a crime syndicate with taxpayer money.
What’s the problem? For a liberal group they’d gladly back date the paperwork to prevent any inconvenience.
Prosecutorial discretion, again?
” This IRS is such a bunch of crooks, the RICO statutes should be invoked and the top brass should be indicted for running a crime syndicate with taxpayer money.”
Obama has front loaded the IRS with his hand picked left wing freakazoids. Good luck with that.
That's their secondary purpose I would guesstimate.
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