What is the primary difference between a 501(c) organization and a 527 organization?
A) There is no difference.
B) A 501(c) can spend only a portion of its budget on political activities, but a 527 can spend as much as it wants.
C) A 501(c) can spend money only on advertising, while a 527 can only make donations to candidates.
D) The money given to a 527 is tax deductible, while the money given to a 501(c) is not.
E) A 501(c) group is not regulated by the government, while a 527 group must answer to both the Federal Election Commission and the Internal Revenue Service.
Correct Answer:
Verified
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