Tagged: Tea Party

Update at 5:38 p.m. ET. One More IRS Official To Leave

Another official is out at the embattled agency.

The Associated Press reports that Joseph Grant, commissioner of the IRS' tax exempt and government entities division, will retire June 3. The division scrutinized Tea Party groups when the applied for tax-exempt status.

Update at 4:45 p.m. ET. Obama Names New IRS Acting Chief

Revelations that the Internal Revenue Service targeted some conservative groups seeking tax-exempt status for extra scrutiny have put a spotlight on a part of the tax code increasingly popular with political groups: section 501(c)(4).

But what's the benefit for organizations to get approved for 501(c)(4) status?

Scintillating isn't how you'd describe the report issued by the Treasury inspector general's report on the Internal Revenue Service's targeting of conservative groups.

It was written, after all, by government bureaucrats for government bureaucrats. Enough said.