IRS Chief Filibusters Political Regulations for Nonprofits

After testifying to the Senate Finance Committee Tuesday, IRS Commissioner John Koskinen told reporters that revised regulations governing nonprofit political activity might not be issued in time for the next election cycle. “It’s not clear when we’re going to be able to get to it. My only focus on 2016 is to make sure that whatever we do, it doesn’t look like we’re trying to influence the 2016 election.”