Word: exempted
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...Under federal rules, churches and other tax exempt organizations are barred from explicitly supporting or opposing a candidate. Church leaders, however, can still encourage congregants to participate in elections or caucuses, and they may discuss general political issues, like abortion and marriage, from the pulpit. Leaders can also endorse candidates in their capacity as private citizens...
...article about a Senate investigation into the finances of Prosperity gospel televangelists referred mistakenly to a 2006 letter from the IRS confirming the Joyce Meyer Ministry's tax-exempt status. While the IRS reviewed the ministry's activities from 2004 to '06, it sent its letter of confirmation in October...
...true that he has told people things they don't want to hear: he has championed merit pay in front of teachers and fuel-efficiency standards before automakers. But Obama also sees political necessity to pander, proposing, for instance, that senior citizens who earn less than $50,000 be exempt from income taxes. That stance could explain how his support among older voters, who make up a disproportionate share of the Iowa electorate, has risen 8 points since July in a Washington Post/ABC poll...
...comrades are walking a tightrope. For one thing, they risk alienating the donors on whom they count on for operating funds. More significantly, they could be breaking the law. Nearly all nonprofits are set up under Section 501 (c) (3) of the IRS code, which grants them tax-exempt status if they agree to stay out of politics - only 20% of their budgets can go to political or lobbying work, which must be mostly educational in nature...
...election cycle, the IRS warned 26 charities that they'd stepped over the line, and a further 60 are under investigation. Former House Speaker Newt Gingrich in August returned a $50,000 check to a Colorado family foundation after his policy organization determined the donation was illegal. Losing tax-exempt status could be financially devastating to smaller nonprofits. "You do have to be careful," says Ann Kuster, a lawyer advising the Nonprofit Primary Project. "Everything we undertake must be nonpartisan and include every candidate...