Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...

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 ...

More than a month after Harvard University filed a lawsuit against President Donald Trump for freezing its federal funding, the President has come back with another financial swing against the ...

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

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 ...

IRS called to investigate CAIR-California tax-exempt status after Chairman Jason Smith refers the nonprofit, alleging misuse ...

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 ...

Nonprofits are complaining that a new, shorter application form for tax-exempt status will open the floodgates for “cheats” to establish themselves as charities, undermining the credibility of the ...

President Donald Trump said he would be eliminating Harvard University‘s tax-exempt status. The Ivy League institution has come under intense scrutiny from the Trump administration over its handling ...