I noticed a recent Tea Party dust-up with the IRS over 501 (c) (4) tax-exempt status. The Tea Party wants it; the IRS doesn’t appear to want to give it to them. Now, you can attain that status quite easily if your group is not perceived to be trying to influence elections. It’s pretty much a ‘social welfare’ tax exemption; your little reward for giving a damn about your neighbors and helping with Policeman and Fireman relief funds, cleaning up parks, finding services for those in need, that kind of stuff. Technically a 501 (c) (4) organization is supposed to spend the lion’s share of its time promoting ‘social welfare’ not trying to elect the most radical politician in the district.

Or, in the dry syntax of the IRS, “An organization is operated exclusively for the promotion of social welfare if it is primarily engaged in promoting in some way the common good and general welfare of the community.” Doesn’t mean you can’t stump for the occasional radical pol, it just means you have to be primarily engaged in helping your fellow man and woman.

SNIP

Full Article here: http://www.politicususa.com/tax-exempt-tea-party/