White nationalist's nonprofit loses tax-exempt status

The IRS has stripped white nationalist Richard Spencer's nonprofit of its tax-exempt status over failure to file tax returns after 2012.

Spencer told the Los Angeles Times on Monday that an IRS error was to blame for the National Policy Institute's failure to file federal tax returns.

The IRS had reportedly misclassified Spencer's group, but fixed the error in February. On Monday the IRS' updated records said the group's tax-exempt status was stripped retroactively to May 2016.

Nonprofits are generally required to file tax returns each year. The IRS automatically revokes tax-exempt status for failing to file them for three consecutive years.

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