IRS to Redraft Rules on Section 501(c)(4) Political Activity

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The Internal Revenue Service will propose revised rules governing the political activity of tax code Section 501(c)(4) organizations following an unprecedented number of comments—many of them critical—on rules the agency released in November 2013.
In a May 22 statement, the IRS said it is likely it will make changes to those rules (REG-134417-13) in light of the 150,000 comments it has received. The Service will also hold a public hearing only after it has revised the proposed rules, it said.
“Given the diversity of views expressed and the volume of substantive input, we have concluded that it would be more efficient and useful to hold a public hearing after we publish the revised proposed regulation,” the statement said.


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