Wednesday, June 05, 2013

Nobody Knows How Many Nonprofits Are Still Caught Up in IRS Limbo
...During a hearing Monday before the House Appropriations Subcommittee on Financial Services and General Government, acting IRS Commissioner Daniel Werfel told Yoder that 132 groups were “overdue,” meaning they had been pending for at least 120 days. But on Tuesday, the IRS told The Post that 236 groups had been seeking tax-exempt status as 501(c)(4)s for more than 200 days.