Trump admin set to target George Soros nonprofit, Southern Poverty Law Center and CAIR in major tax crackdown: sources
Treasury Secretary Scott Bessent and the IRS could revoke the tax-free status of left-wing nonprofits such as George Soros’ Open Society Foundations, the Southern Poverty Law Center, and the Council on American-Islamic Relations, three sources familiar with the matter have told The Post.
It is part of a Trump-backed crackdown on “bogus” charities, and Treasury officials are drawing up a sweeping audit of outfits deemed to be using and abusing Uncle Sam’s tax code, the three people briefed on the Treasury Department’s internal policy deliberations said.
Bessent’s inner circle is drafting a blueprint that could ultimately strip non-compliant organizations of their 501(c)(3) status, according to two of the people familiar with the plans. The reviews could result in massive back payments and civil penalties, the same sources said.
https://nypost.com/2026/08/27/business/trump-admin-set-to-target-george-soros-nonprofit-in-tax-crackdown/