Republicans in the U.S. Congress are advancing a sweeping budget package that would fulfill President Donald Trump's calls to ...

House GOP leaders are scrambling to put the finishing touches on their massive GOP tax and spending cuts package, in hopes of ...

A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of ...

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

The U.S. Department of Education is stopping grant funding to the University of Harvard on the heels of President Donald ...

We are going to be taking away Harvard’s Tax Exempt Status,” Trump wrote on Truth Social. “It’s what they deserve!” ...

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.

"We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" the president said in a post​ to Truth ...

Tax-exempt bonds pay interest that is exempt from either federal or state income taxes — and in some cases, both. Many, or all, of the products featured on this page are from our advertising ...

A proposed bill by State Senator Michele Hoitenga, R-Manton, could allow seniors in Michigan to be exempt from having to pay ...

After the university rejected his administration’s demands, President Donald Trump threatened to tax Harvard as a "political entity," following his move to freeze $2.2 billion in federal funding to ...

WASHINGTON — President Donald Trump on Friday re-upped his threat to strip Harvard University of its tax-exempt status, ...