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IRS Reviews 501(c)4's. DOJ Seizes AP Phone Records

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Due Diligence

Due Diligence


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What is a 501c4? Why can a political group even benefit from tax exemptions? How does the IRS evaluate who gets to be exempt? We will ask Lawrence Zelenak, a professor of tax law at Duke University. 

Then, continuing the bad PR week for the Obama administration, it was revealed the Department of Justice has been seizing phone records from the AP. Naturally, journalists are upset.