How does the IRS define what is a “political contribution” that
cannot be deducted? Is the disallowance limited to outright gifts,
or does it extend to less direct methods of providing funds to a
candidate or party? If the latter, please explain the circumstances
in which the disallowance applies to something that is not an
outright gift.
How does the IRS define what is “lobbying,” so that a taxpayer
may determine what expenses are not deductible as lobbying
expenses?
Many...