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- 501c4 Social Welfare Organizations Must Provide Notice to the IRS
501(c)(4) Social Welfare Organizations Must Provide Notice to the IRS
July 13, 2016, Covington Alert
In December 2015, we informed readers of the new requirement for 501(c)(4) social welfare organizations to notify the IRS upon formation. Enforcement of the requirement was delayed until the IRS was able to issue an appropriate form. The IRS recently announced that 501(c)(4) organizations may now register on the IRS website.
August 26, 2016, Bloomberg
Rob Kelner is quoted in a Bloomberg article regarding a loophole in the laws governing political spending limits, allowing the Democratic party to collect millions of dollars more in donations from Hillary Clinton’s wealthiest donors. According to Kelner, “I’m not aware of any case law or regulations that would prohibit a state party from transferring to a ...
August 23, 2016, WNYC
Rob Kelner appeared on "The Takeaway" discussing the legal and ethical issues that may arise from Donald Trump’s plan to have his children run his operations, if elected, which could be seen as a conflict of interest. “The whole concept of the blind trust really doesn’t work for Donald Trump even if he has his family take over his operations. He’s still, of ...
April 4, 2016, The Wall Street Journal
Zack Parks is quoted in this Wall Street Journal article regarding political spending and disclosure. According to Parks, "Companies need to think strategically about these issues.” He adds, “Companies that ignore disclosure initiatives have been the target of shareholder resolutions, bad press and lawsuits. But kitchen-sink disclosure isn't risk free.”