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Keyword: irsrules

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  • WOMEN’S MARCH, OTHER LEFT-WING GROUPS LIKELY VIOLATED IRS RULES. THEIR NONPROFIT STATUS COULD BE..

    09/21/2018 9:39:14 AM PDT · by bitt · 11 replies
    Daily Caller ^ | 9/20/2018 | ANDREW KERR, PETER HASSON AND JOE SIMONSON
    Women’s March and other left-wing groups organized illegal disruptions of Supreme Court nominee Brett Kavanaugh’s confirmation hearings. The left-wing organizations violated IRS rules, experts told TheDCNF. The organizations could lose their tax-exempt status Left-wing nonprofit groups that orchestrated disruptions during Brett Kavanaugh’s Supreme Court confirmation hearings likely violated IRS rules, which can result in their loss of tax-exempt status, according to an investigation by The Daily Caller News Foundation. TheDCNF listened in on a conference call Monday where organizers for three groups behind the protests called on activists to continue their “civil disobedience” as part of their efforts to “shut...
  • You have a few days left to dodge this 50 percent tax bill

    12/28/2016 3:01:42 PM PST · by Libloather · 75 replies
    MSN ^ | 12/28/16 | Kelli B. Grant
    Nearly a third of retirees are playing chicken with one of the steepest tax penalties out there — and they are running out of time. IRS rules on so-called required minimum distributions generally kick in once you reach age 70½. For 401(k)s and other defined contribution plans, it's either when you turn 70½. or you retire, whichever is later. If you've inherited an IRA, you might also be subject to RMDs, even if your own retirement is years away. How much you need to take is usually based on the account balance at the end of the previous year, and...