Proposed IRS campaign rules may create strange tax-exempt allies

However, the proposals - which create a new definition of "candidate-related political activity" for social welfare groups - could discourage campaign donations, said veteran Washington lawyer Joseph Sandler, who works with 501(c)(4) groups. "It will have an impact on the 2014 election cycle because donors are going to be nervous, as are some of the people that run the groups," Sandler said.

Proposed IRS campaign rules may create strange tax-exempt allies | Reuters