The IRS Scandal, Day 1018

Peter J. Reilly (Forbes), IRS Rules Bingo Is For Charities Not A Charity In Itself:

[Y]ou cannot qualify an organization for exempt status if what it does is mostly run bingo games.  That was more or less the essence of Private Letter Ruling 201603039. ...

The portion of the IRS that concerns itself with exempt organizations is reeling from the fallout of the interminable scandal.  It has come in for criticism from the other side now for its granting of exempt status to Karl Rove’s Crossroads GPS, which was pretty explicitly started to avoid spending disclosure for poltical activity.  And here we have the IRS worrying about what organizations can run bingo.  Paul Streckfus has been following it in great detail in his EO Tax Journal and is advocating getting the IRS out of these matters entirely.

With its surrender to Crossroads GPS, I believe the argument for getting EO regulation out of the IRS has just been made stronger. The IRS as an institution has now demonstrated repeatedly that it is totally incapable of providing meaningful regulation of the EO sector. I recognize that Congress is partly responsible for these repeated IRS failures, but that excuse only goes so far.

I think he is right.

• The IRS Scandal, Day 1017 (Feb. 20, 2016)
• The IRS Scandal, Day 1016 (Feb. 19, 2016)
• The IRS Scandal, Day 1015 (Feb. 18, 2016)
• The IRS Scandal, Day 1014 (Feb. 17, 2016)
• The IRS Scandal, Day 1013 (Feb. 16, 2016)
• The IRS Scandal, Day 1012 (Feb. 15, 2016)
• The IRS Scandal, Day 1011 (Feb. 14, 2016)
• The IRS Scandal, Day 1010 (Feb. 13, 2016)
• The IRS Scandal, Day 1009 (Feb. 12, 2016)
• The IRS Scandal, Day 1008 (Feb. 11, 2016)
• The IRS Scandal, Day 1007 (Feb. 10, 2016)
• The IRS Scandal, Day 1006 (Feb. 9, 2016)
• The IRS Scandal, Day 1005 (Feb. 8, 2016)
• The IRS Scandal, Day 1004 (Feb. 7, 2016)
• The IRS Scandal, Day 1003 (Feb. 6, 2016)
• The IRS Scandal, Day 1002 (Feb. 5, 2016)
• The IRS Scandal, Day 1001 (Feb. 4, 2016)
• The IRS Scandal, Days 901-1000 (Oct. 27, 2015 - Feb. 3, 2016)
• The IRS Scandal, Days 801-900 (July 19, 2015 - Oct. 26, 2015)
• The IRS Scandal, Days 701-800 (April 10, 2015 - July 18, 2015)
• The IRS Scandal, Days 601-700 (Dec. 31, 2014 - April 9, 2015)
• The IRS Scandal, Days 501-600 (Sept. 22, 2014-Dec. 30, 2014)
• The IRS Scandal, Days 401-500 (June 14, 2014 - Sept. 21,2014)
• The IRS Scandal, Days 301-400 (Mar. 6, 2014 - June 13, 2014)
• The IRS Scandal, Days 201-300 (Nov. 26, 2013 - Mar. 5, 2014)
• The IRS Scandal, Days 101-200 (Aug. 18, 2013 - Nov. 25, 2013)
• The IRS Scandal, Days 1-100 (May 10, 2013 - Aug. 17, 2013)