Both 527 committees and 501(c)(4)s O are not required to disclose where they get their funds. are required to disclose where they get their funds. O are limited to spending $100,000 per candidate per election. O can spend unlimited amounts on political advocacy as long as their efforts are not coordinated with those of any candidate's campaign.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Both 527 committees and 501(c)(4)s
are not required to disclose where they get their funds.
O are required to disclose where they get their funds.
are limited to spending $100,000 per candidate per election.
can spend unlimited amounts on political advocacy as long as their efforts are not coordinated with those of
any candidate's campaign.
Transcribed Image Text:Both 527 committees and 501(c)(4)s are not required to disclose where they get their funds. O are required to disclose where they get their funds. are limited to spending $100,000 per candidate per election. can spend unlimited amounts on political advocacy as long as their efforts are not coordinated with those of any candidate's campaign.
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