THENATIONALPULSE (Pulse Wires) - How the SPLC Indictment Will Change ‘Dark Money’ Operations Forever.
The U.S. Treasury Department has announced changes to Internal Revenue Service (IRS) reporting requirements for non-profits. The changes follow allegations that the Southern Poverty Law Center (SPLC) misused tax-exempt money to fund the leaders of extremist groups.
The U.S. Treasury Department is revising Internal Revenue Service (IRS ) reporting requirements for non-profits following allegations that the Southern Poverty Law Center (SPLC) gave millions to extremist groups. PULSE POINTS WHAT HAPPENED: The U.S. Treasury Department has announced changes to Internal Revenue Service (IRS) reporting requirements for nonprofits. The changes follow allegations that the Southern Poverty Law Center (SPLC) misused tax-exempt money to fund the leaders of extremist groups. DETAIL: On Thursday, the U.S. Treasury Department announced changes to IRS Form 990 reporting requirements. The changes are intended to increase the transparency of non-profits, particularly those claiming to combat extremism. The changes…Open