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 ...

In an escalating fight over federal funding, President Trump has threatened to revoke Harvard University's tax-exempt status. "Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC ...

Washington — President Trump said Friday that his administration will be rescinding Harvard University's tax-exempt status, further escalating the ongoing feud with the Ivy League school. "We are ...

On Tax Day, President Trump publicly advocated for revoking Harvard University's tax-exempt status because Harvard rejected an “agreement in principle” the Trump administration proposed to settle ...

After President Trump claimed last week that many nonprofits have “abused” their tax-exempt status, organizations are braced for White House moves that may represent the administration’s most direct ...

A view of Harvard University in Cambridge, Massachusetts, United States, on April 22, 2025. Reporter More than a month after Harvard University filed a lawsuit against President Donald Trump for ...

The only two certainties in life are death and taxes...but maybe not all taxes. Some businesses qualify for tax-exempt status at the federal level. — Getty Images/pcess609 For most entrepreneurs, ...

Tucked away on page 9 out of 50, there is a proposal to repeal the tax-exempt status of state and local bonds, which would ...

President Donald Trump on Friday reiterated his plans to revoke Harvard University’s tax-exempt status, making clear that he intends to use the IRS against his perceived enemies. While there are ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The university does not have to pay taxes on the growth of its endowment.

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of dollars. President Trump has questioned whether it should enjoy that status.

President Donald Trump has set his sights on Harvard University after it rebuffed his calls for policy changes regarding antisemitism, and he has reportedly directed the IRS to look into removing its ...