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 ...

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 ...

Taxes are an unavoidable part of life for most people. You could, however, get out of paying income tax if you're deemed ...

In the United States, where taxes significantly impact household income, understanding tax exemptions can be a game-changer ...

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 ...

"It's less likely the revocation would be retroactive in a normal case but there's been a lot of upheaval at the IRS right now," said Adam Young, a partner in Fox Rothschild's taxation and wealth ...

The IRS updated the procedures for obtaining tax-exempt status on a group basis. The guidance ( Rev. Proc. 2026-8) allows ...

President Trump on Friday announced plans to strip Harvard University of its tax-exempt status, escalating his feud with the Ivy League school. “We are going to be taking away Harvard’s Tax Exempt ...

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 ...

President Donald Trump declared Friday that "We are going to be taking away Harvard’s Tax Exempt Status," saying "It’s what they deserve!" The announcement from Trump comes after Fox News reported ...