Home » Stacey Abrams-founded nonprofit faces crackdown threat from House GOP’s top tax writer

Stacey Abrams-founded nonprofit faces crackdown threat from House GOP’s top tax writer

A top House Republican chairman wants the IRS to revoke the tax-exempt status from a group founded by Stacey Abrams.

FIRSTONFOX:TheHouseofRepresentatives’toplawmakerontaxationisurgingtheInternalRevenueService(IRS)torevokethetax-exemptstatusofanonprofitlinkedtoformerGeorgiagubernatorialcandidateStaceyAbrams. TheAbrams-foundedgroup,NewGeorgiaProject,wasrecentlyfined$300,000forviolatingstateelectionlawsinarulingbytheGeorgiaEthicsCommission. HouseWays&MeansCommitteeChairmanJasonSmith,R-Mo.,calledit“thelargestpenaltyintheEthicsCommission’shistoryandpossiblythelargestethicsfineeverissuedintheUnitedStates”inhislettertoIRSCommissionerMelanieKrause. ThecommissionunanimouslychargedtheNewGeorgiaProjectwithfailingtodisclosemorethan$4millionincampaigncontributionsandmorethan$3millioninexpenditureswhilebackingAbrams’failed2018gubernatorialcampaign. ‘WASTEFULANDDANGEROUS’:DOGE’STOPFIVEMOSTSHOCKINGREVELATIONS “Asyouknow,underInternalRevenueCodeSection501(c)(3),organiz