Figured this was coming.
The IRS is taking a second crack at writing rules governing the tax-exempt groups at the center of the agency’s targeting controversy.
In a statement, the tax agency said that it would look to revise the regulations it released last November — which were broadly panned — before holding a public hearing on the rules.
Conservative organizations and GOP lawmakers were the quickest to slam the proposed rules for 501(c)(4) groups. But even some liberal groups said they thought the rules went too far, and the proposed regulations got a record of roughly 150,000 comments, most of them negative.
“We intend to review those comments carefully, take into account public feedback, and consider any necessary changes,” the IRS said in a statement. “It is likely that we will make some changes to the proposed regulation in light of the comments we have received.”