(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 ...

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

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 ...

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

As the school’s famous fight song goes, “Fair Harvard holds sway”—just not with the U.S. president. Harvard is the oldest and richest university in the U.S., but the Ivy League is feeling the heat ...

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 ...

WASHINGTON (AP) — A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of nonprofits that it says support terrorism, creating what ...

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 ...

In two recent social media posts, President Donald Trump challenged Harvard University’s tax-exempt status. By doing so, he ran afoul of a vital constitutional principle. Regardless of the merits of ...

WASHINGTON — The IRS says pastors who endorse political candidates from the pulpit should not have to risk losing their tax-exempt status. The move effectively calls for a carve out for religious ...

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 ...

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 ...