Tax-exempt status removed for groups
The IRS says that 275,000 organizations have automatically lost their tax-exempt status because they failed to file required annual reports over the past three years.
The tax agency believes most of those being stripped of tax-exempt status are now defunct. But it also announced procedures for still-functioning organizations that seek to be reinstated.
A 2006 law requires most tax-exempt organizations to file an annual information return with the IRS. It automatically revokes the status for organizations that fail to file the required papers for three consecutive years.
The IRS says in 2010 there were nearly 2 million tax-exempt organizations, of which about 1.3 million are religious and charitable groups. The list also includes social welfare groups, labor and agriculture organizations, business leagues, and war veterans organizations.
ELECTION
Tea partyers disagree over 2012 strategy
The co-founders of one of the largest tea party groups in the nation dismissed a recent claim by a former leader of the group that members of the grass-roots movement will rally behind whoever wins the Republican nomination — “even if that person is former Gov. Mitt Romney.”
Jenny Beth Martin and Mark Meckler, leaders of Tea Party Patriots, pushed back against Tea Party Express leader Amy Kremer for suggesting to Fox News over the weekend that the movement will support whichever Republican goes up against President Obama.
“A pledge of allegiance to the Republican Party, or any other party, violates what the tea party movement is all about and is completely out of touch with grass-roots Americans,” Ms. Martin said in an email. “The tea party movement grew out of disillusionment with both political parties who have rejected the principles of fiscal responsibility, limited constitutional government and the free market. We are independent and will remain so.”
Mr. Meckler said that “we’ve heard little support for Romney in the movement as we interact daily with local coordinators and activists.”
CALIFORNIA
Filner getting set for mayoral race
SAN DIEGO — Rep. Bob Filner of California is taking a big step toward running for mayor of San Diego.
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