IRS Grants Long-Delayed Tax Exempt Status to Crossroads GPS

[Eugene]

Source: Associated Press

IRS Grants Long-Delayed Tax Exempt Status to Crossroads GPS

By JULIE BYKOWICZ, ASSOCIATED PRESS WASHINGTON — Feb 9, 2016, 10:43 AM ET

The Internal Revenue Service has granted tax-exempt status to one of the best-known and best-funded politically active nonprofit organizations, Crossroads Grassroots Policy Strategies.

Advised by Republican strategist Karl Rove, once a top aide to President George W. Bush, Crossroads has been waiting more than five years on an exemption decision by the IRS. The agency granted tax-exempt status in November but only recently updated its database to reflect the decision.

Crossroads has drawn heavy scrutiny because few nonprofits spend more money on political causes — and critics have said it is taking advantage of what amounts to a loophole in campaign finance rules.

Nonprofits do not have to disclose their donors to the public.

http://abcnews.go.com/Politics/wireStory/irs-grants-long-delayed-tax-exempt-status-crossroads-36806674

[PoliticAverse]

1. Reced for exposure. n/t