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PLAYOFF PAC FILES 27-PAGE LEGAL COMPLAINT WITH IRS AGAINST BCS BOWLS

Playoff PAC co-founder Chad Pehrson said: "BCS Bowls all claim to be ‘501(c)(3)’ public charities—the same tax designation as the American Red Cross—to make their revenues tax-exempt and obtain other taxpayer-funded benefits. Playoff PAC’s review uncovered a disturbing pattern of BCS Bowl organizations using their charitable funds to enrich Bowl executives, pay registered lobbyists without disclosure, fund political campaigns, and heap frivolous benefits on Bowl insiders. The BCS Bowls’ activities raise important concerns under federal tax laws and we anticipate that the IRS will give these issues due attention."

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