If you're reading this, something about your tax situation has you worried. That's fair — the IRS is intimidating until you know how the rules actually work. I'm Darrin Mish, a Tampa tax attorney. I've handled cases like yours for 32 years. Let me walk you through it.
Last week, the IRS announced that its draft regulations on political non-profit groups could be released by June. But these rules are unlikely to be effective before the next election in 2016. Such rules are necessary because at this point, it is unclear how much these tax-exempt groups could spend on election campaigns or even what constitutes ‘political’ activity.
Read more about the new IRS rules for political groups that could come out in June.
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