GOP Reportedly Asks IRS to Audit Clinton Charity’s Finances
The Republican National Committee reportedly has asked the IRS to audit the finances of one of the Clinton family’s charities following its refusal to re-file tax forms even after acknowledging errors in reporting donations from foreign governments.
Reuters reported the Clinton Health Access Initiative (CHAI) said this week that it had decided against re-filing so-called Form 990s because the errors “had no impact” on the total amount of income it reported to the IRS. The charity claimed that the total amount of income was correct, but the breakdown of government and private funding was not. As a result, CHAI spokeswoman Maura Daley said the organization “does not believe a re-filing is necessary.”
In April, Reuters reported that the CHAI had failed to note grants from foreign governments separately from total revenue on its Form 990s in 2012 and 2013. At the time, the organization said it would re-file the documents for both years. It had previously re-filed returns from 2010 and 2011 for over-reporting the amount received in government grants by over $100 million.
The Clinton Foundation also said it would re-file its Form 990s after wrongly reporting that it had received no money from foreign governments on its tax returns for 2010, 2011, and 2012.
Reuters reported, citing tax experts, that it was unusual for a charity to make such large mistakes several years in a row. An IRS spokesman told the news agency that charities should re-file a Form 990 if it becomes aware of an error. (Read more from “GOP Reportedly Asks IRS to Audit Clinton Charity’s Finances” HERE)
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