"IRS Seeks to Impose Gift Taxes on 501(c)(4) Donors
Recent evidence that the IRS is seeking to impose gift taxes on major donors to 501(c)(4) organizations has brought renewed attention to an issue that has long been looming. With the increasing involvement of 501(c)(4) and 501(c)(6) organizations in electoral activities following the Citizens United decision and other rulings See eUpdate 2010-7, many are starting to consider whether donors to these organizations might subject to gift taxes and whether there are ways to contribute to these organizations without triggering the gift tax."
IRS Seeks to Impose Gift Taxes on 501(c)(4) Donors
Harmon, Curran, Spielberg + Eisenberg, LLP - eUpdate: Archives:
