Learn about tax-exempt status: its definition, benefits, drawbacks, and how to become a tax-exempt organization. Find out if ...

The university has refused to comply with Trump's demands on DEI, other issues. The Internal Revenue Service is considering revoking Harvard University’s tax-exempt status and a decision could be made ...

Taxes are an unavoidable part of life for most people. You could, however, get out of paying income tax if you're deemed tax-exempt by the Internal Revenue Service (IRS). But what does tax-exempt mean ...

(CNN) — The Internal Revenue Service is making plans to rescind the tax-exempt status of Harvard University, according to two sources familiar with the matter, which would be an extraordinary step of ...

Add Yahoo as a preferred source to see more of our stories on Google. First, the IRS rarely revokes an organization’s charitable tax-exempt status for failure to operate for a charitable purpose.

President Donald Trump has repeatedly threatened to strip the tax-exempt status from colleges and universities. Most recently, on May 2, Trump announced in a social media post, “We are going to be ...

ENOLA, Pa., June 20, 2025 /PRNewswire/ -- While much of the public debate in Washington focuses on high-profile issues, an equally important fight is underway to preserve the financial well-being of ...

Billionaire and Harvard alum Bill Ackman told CNBC’s "Squawk Box" on Monday that there needs to be a change in corporation leadership at his alma mater. The Trump administration has targeted ...

GC Mid-Atlantic Achieving Tax-Exempt Status Now Depends on HUP Test On April 25, the Pennsylvania Supreme Court issued a potentially explosive decision to any nonprofit organization possessing ...

Downtown boosters and historic preservationists cheered when the St. Louis City Assessor booted the old Orpheum Theater off the tax-exempt rolls last year. The move, they hope, will spur action by the ...