IRS Offers Scenarios to Non-Profits for Avoiding Loss of Tax Exemption

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IRS reiterates that its prohibition against charities intervening in political campaigns extends beyond candidate endorsements. The prohibition also applies to making verbal or written public statements on behalf of an organization that favors or opposes a candidate for public office. Distributing statements prepared by third parties favoring or opposing candidates could also cost an organization its tax exemption, Holly Paz, an IRS manager of tax-exempt guidance, says during a webinar on the ground rules for maintaining tax exemption.