The status means that the charitable contributions Harvard receives and its investment income on its $50 billion-plus endowment are not subject to federal income tax.

An effort to help President Trump strip tax-exempt status from nonprofits he deems to support "terrorism" has sparked serious ...

Are Americans getting a $5,000 DOGE dividend check, refund or other stimulus payments in 2025? Here's what to know about ...

A tax exemption for a new cold storage warehouse facility in Winter Haven gained Polk Commission approval, but not without ...

WASHINGTON (AP) — A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax ...

The definition and criteria for determining ... who has called the tax-exempt status a “privilege” that has been “abused.” Trump has threatened to revoke tax-exempt status for groups ...

In the latest move against the Ivy League school, Trump on Friday said he will revoke Harvard University’s tax-exempt status. Those demands include ending DEI on campus; taking actions aimed at ...

For example, If your tax bill is $800 and you qualify for a $1,200 nonrefundable credit, you can only use $800 of that credit. The remaining $400 does not carry over and will not increase your refund.

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 ...

“Tax exempt status — I mean, it’s a privilege. It’s really a privilege, and it’s been abused by a lot more than Harvard,” Trump said. “We’ll be making some statements. It’s a big deal.” Tax and legal ...