The GOP has scored a major victory.
Those of us worried about the undue influence of big money on politics may as well give up now. It’s over.
Ultimately, this is what Republicans really wanted with their continual investigations in the faux IRS “scandal.”
The Internal Revenue Service has decided to award most nonprofit groups tax exemption status without being screened, Time reported Sunday.
IRS Commissioner John Koskinen told Time that about 80 percent of charitable groups seeking tax exemption will go through a simplified application process. Groups that report total assets lower than $250,000 and an income of less than $50,000 can pay a $400 fee and fill out a three-page form to automatically be eligible to receive tax-deductible donations.
Prior to the change, the application process involved a 26-page form, and required groups to provide supporting documentation and outline their intended activities to be considered for tax-exempt status.