Taxes are an unavoidable part of life for most people. You could, however, get out of paying income tax if you're deemed ...
Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must meet to maintain this benefit.
The following transcript of this discussion was edited for clarity. Carrie Garber Siegrist: Hi everyone, I’m Carrie Garber Siegrist, a senior associate in Goodwin’s Tax-Exempt Organizations group. Our ...
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 ...
For more than a century, the majority of colleges and universities have not paid most taxes. The Revenue Act of 1909 excused nonprofits operating “exclusively for religious, charitable, or educational ...
"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 ...
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 ...
The U.S. Treasury Department is considering changing rules to revoke tax-exempt status for colleges that consider race in student admissions, scholarships and other areas — potentially threatening the ...