President Donald Trump on Thursday falsely claimed he had eliminated a provision of the U.S. tax code that bans 501(c)(3) nonprofit organizations, including churches, from endorsing or opposing ...

Federal income tax applies to most people who earn income in the U.S., but the tax code includes limited exceptions. Whether ...

In an escalating fight over federal funding, President Trump has threatened to revoke Harvard University's tax-exempt status. "Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC ...

President Donald Trump on Friday reiterated his plans to revoke Harvard University’s tax-exempt status, making clear that he intends to use the IRS against his perceived enemies. While there are ...

President Trump took to his social media Friday, sharing plans to take away Harvard University's tax-exempt status, saying "it's what they deserve." This comes after the Trump administration also ...

The Trump administration’s latest threat against Harvard to revoke its tax-exempt status is an unprecedented move that would certainly face legal challenge but could have devastating effects on the ...

After President Trump claimed last week that many nonprofits have “abused” their tax-exempt status, organizations are braced for White House moves that may represent the administration’s most direct ...

Washington — President Trump said Friday that his administration will be rescinding Harvard University's tax-exempt status, further escalating the ongoing feud with the Ivy League school. "We are ...

Nonprofit leaders say the status being dropped could force them to cut programs or even close their doors.

President Donald Trump has set his sights on Harvard University after it rebuffed his calls for policy changes regarding antisemitism, and he has reportedly directed the IRS to look into removing its ...

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of dollars. President Trump has questioned whether it should enjoy that status.