Minnesota fraud probe fuels IRS crackdown calls on nonprofit accused of Hamas links [FOX News]
News Corporation - Class A (NWSA)
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Source: FOX News
The California chapter of the Council on American-Islamic Relations (CAIR) is facing heightened scrutiny as House Ways and Means Committee Chairman Jason Smith referred the group to the IRS for a probe into whether the nonprofit should lose its tax-exempt status, citing alleged misuse of taxpayer funds, potential violations of federal law and support for unlawful activity. "Tax-exempt status is a privilege, not a right," Smith, a Republican from Missouri, told Fox News Digital Tuesday. "Organizations that receive special treatment under the tax code must follow the law and operate in the public interest, not bankroll illegal activity, mislead federal agencies, or misuse hard-earned taxpayer dollars." Smith sent a letter to Treasury Secretary and acting IRS chief Scott Bessent and IRS CEO Frank Bisignano Tuesday referring CAIR-California for IRS review, arguing that the nonprofit may no longer meet the legal standards required to operate as a 501(c)(3) organization. The letter cla
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NWSA
Earnings
- 11/6/25 - Beat
NWSA
Sec Filings
- 1/16/26 - Form 8-K
- 1/15/26 - Form 8-K
- 1/14/26 - Form 8-K
- NWSA's page on the SEC website