News

The UK government is expected to launch a consultation on introducing a single worker status. This would be a major reform ...
The tax package released by the House Ways and Means Committee doesn’t include material changes to tax-exempt municipal bond financing. Most muni bonds pay interest that’s exempt from federal ...
Summary Recent announcements from the Trump administration and elsewhere suggesting that 501 (c) (3) tax-exempt status could be revoked for some organizations have sent a wave of fear, apprehension, ...
If Harvard loses its federal tax-exempt status, it will be required to pay taxes on its earnings — including tuition and $53.2 billion in endowments — and miss out on state and local tax ...
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 ...
Under an altered tax-exempt status, the endowment income’s tax rate could soar from 1.4% to the standard 21% corporate tax rate – potentially translating to a $525 million annual reduction in ...
President Donald Trump said on Friday his administration will revoke Harvard University’s tax-exempt status, returning to a threat he issued against the Massachusetts school last month as part ...
Ask the Editor: Taxes, April 4 — Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on Trump's tax package, estate tax and Muni bonds.
They are member-owned nonprofit institutions, meaning they give their members every dollar of earnings back by providing them lower interest rates on loans, like mortgages and car loans, and higher… ...
President Trump on Thursday floated a wider crackdown on tax-exempt entities after his administration asked the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status ...
President Trump is threatening Harvard's tax-exempt status. Why is the university tax-exempt in the first place, and can Trump make the IRS revoke it?
The Trump administration is escalating its battle against Harvard University, reportedly threatening to revoke its federal tax-exempt status and costing the institution potentially a billion ...