At $3,000 and never adjusted for inflation during nearly a century, the Sec. 861(a)(3) de minimis exception seldom applies.

The budget reconciliation bill passed by the House of Representatives on May 22, 2025 (the “Reconciliation Bill”), contains a ...

and some tax-exempt bond funds disclaim that they may occasionally invest in assets that do have federal income tax or AMT liability. Make sure you read the fine print before investing.

Tax-exempt organizations can quickly file Form 8868 through ExpressExtension by May 15 to get an automatic six-month extension and avoid IRS penalties. ROCK HILL, SC / ACCESS Newswire / May 13 ...

May 9 (UPI) --The U.S. Department of Education is stopping grant funding to the University of Harvard on the heels of President Donald Trump threatening its tax-exempt status. The department ...

In recent weeks, Mr. Trump has repeatedly threatened to revoke Harvard University’s tax-exempt status as part ... suddenly saddled with endless bureaucratic forms and invasive reporting ...

President Donald Trump has called for Harvard University — an elite institution that has clashed with the White House — to lose its tax-exempt status. But what do voters think? “We are going ...

Photo Illustration: Annie Zhao WASHINGTON—Trump administration officials are exploring ways of challenging the tax-exempt status of nonprofits, according to people familiar with the matter ...

May 3 (Reuters) - Officials in U.S. President Donald Trump's administration are exploring ways of challenging the tax-exempt status of nonprofits, the Wall Street Journal reported on Saturday.

Harvard University could be stripped of its tax-exempt status in a move the college president says would be illegal. President Donald Trump posted to his Truth Social feed early Friday ...

THE TRUMP ADMINISTRATION IS HALTING $2.2 BILLION IN RESEARCH GRANTS AND THREATENING TO REVOKE HARVARD’S TAX EXEMPT STATUS. THE MOVES FOLLOW THE UNIVERSITY’S REJECTION OF DEMANDS THAT INCLUDED ...