News Briefing: I.R.S. Moves to Tax Gifts to Groups Active in Politics

• The I.R.S. moves to tax gifts made to nonprofit advocacy groups that are active in politics.  [New York Times]

 

• The University of Pennsylvania receives $225 million for its medical school from Raymond and Ruth Perelman.  [Associated Press]

 

• Princess Beatrice's hat will be auctioned to raise money for charity.  [Associated Press]