IRS moves to revoke IFCO’s tax exemption

[Judi Lynn]

IRS moves to revoke IFCO’s tax exemption
February 3, 2014
BY SARA LOBMAN

NEW YORK — The Interreligious Foundation for Community Organization has received a report from the Internal Revenue Service recommending that IFCO be stripped of its tax-exempt status retroactive to Jan. 1, 2009.
In December attorney Martin Stolar filed a Protest and Appeal with the IRS on behalf of IFCO. If the IRS recommendation is upheld and implemented, IFCO could be liable for five years of back taxes.

“This is a political attack on our history and our work,” Gail Walker, co-director of IFCO, told the Militant. “We intend to fight it.”

IFCO, founded in 1966, carries out and sponsors numerous projects. Since 1992 it has been best known for “Friendshipment caravans” to bring humanitarian aid to the people of Cuba.

The IRS initiated an audit of IFCO in March 2011 after receiving letters from two members of Congress, Democrat Brad Sherman of California and Republican Sue Myrick of North Carolina. They urged the agency to revoke IFCO’s tax-exempt status for backing a project called Viva Palestina.

More:
http://www.themilitant.com/2014/7804/780406.html

[Shrike47]

1. Since the Sierra Club lost their tax exemption, I look at those exemptions with a jaundiced eye.

Way too many are handed out, IMO. I wish they would end tax exemptions for quite a few folks.

[yeoman6987]

2. End all tax exemptions for groups

I think the best thing to do is end all tax exempt groups. And while we are at it, cut all tax breaks for businesses too. Nobody should be part of a community and not pay taxes.

[roody]

3. IFCO aka Pastors for Peace is a

fantastic humanitarian organization. This is totally politically driven, by right wing.

http://ifconews.org/