DOCUORBT BBSUE 07118 - [B2687737] (Restricted) [ Internal Revenue Service Audits of Grass-Rocts Lobbying Expenses]. B-137762. November 9, 1977. 5 pp. Service; Report to Jerome Kurtz, Commissioner, Internal Revenue Government Div. by Richard L. Fogel, Associate Director, General Contact: General Government Div. Organizaticn Concerned: Federal Power Commission. Authority: Internal Revenue Code, sec. 162. Testisony presented before the Congress on proper accounting for corporate expenses for political advertising indicated that energy-related industries may be improperly treating costs associated with political advertising and that be occurring. A GAO report questionat-e tax deductions may expressed a similar concerns, but the Internal Revenue Service (IRBS) has taken little action to improve guidance to taxpayers and to its auditors in this regard. iRS should: clarify existing regulations in the area of political advertising and orass-roots lobbying, systematically test the practices follcwed by industry area of advertising and lobbying expenses to groups in the action, provide determine possible noncompliance and corrective develop more sFecific audit criteria for IRS agents, and additional guidance for auditors to follow in separating grass-roots lobbying and advertising expenses frcm allowable deductions. (HTU)
Internal Revenue Service Audits of Grass-Roots Lobbying Expenses
Published by the Government Accountability Office on 1977-11-09.
Below is a raw (and likely hideous) rendition of the original report. (PDF)