News

The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly exempt those payments from taxes.
The UK government is expected to launch a consultation on introducing a single worker status. This would be a major reform ...
Delhi High Court dismisses revenue appeals in CIT vs Holcim India P. Ltd. case, ruling that Section 14A disallowance is not applicable when no exempt dividend income has been earned, affirming earlier ...
Microns Limited has announced that its Board of Directors, in a meeting held on May 23, 2025, has recommended a dividend of ₹1.25 per ordinary share for the financial year ended March 31, 2025. Each ...
Punjab Agriculture University Vs DCIT (Exemptions) (ITAT Chandigarh) Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, in a significant ruling pronounced on December 18, 2024, has condoned ...
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, ...
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 ...
While Trump has said the university’s tax-exempt status will be revoked, a section of IRS tax code forbids direct requests from the president or other officers of the executive branch.
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… ...