Fox News - 'We Could Lose Everything': Tea Party Groups Prepare to Sue IRS

By Barnini Chakraborty, Fox News.com

Jay Devereaux hadn’t paid much attention to the daily drumbeat of partisan politics in D.C. He wasn’t a Washington nerd, and didn’t know who said what during congressional hearings -- nor did he care.

But when news broke that the government was using taxpayer money to bail out Wall Street banks, he started paying attention and didn’t like what he was hearing.

So the Florida father and information technology specialist decided to form a group, Unite in Action, to educate people in his area about the issues, he said. It was originally formed as a corporation before Devereaux decided to apply for tax-exempt status from the IRS.

That was two years ago. It was never approved. . . .

Devereaux is among a group of activists, being represented by the American Center for Law and Justice, who are preparing to sue the federal government for the practice of targeting Tea Party groups. ACLJ Executive Director Jordan Sekulow -- once a lawyer for the Treasury Department -- told FoxNews.com he'll likely file the civil suits next Wednesday or Thursday on behalf of more than a dozen Tea Party groups who say they were singled out by the IRS and had their tax-exempt status severely delayed or denied altogether. . . .

You can read the entire story here.