Generally, if your income falls below the threshold set by the Internal Revenue Service (IRS), you might not need to file a tax return. Despite this, filing could still be advantageous, especially ...

The Trump administration promptly retaliated, freezing $2.2 billion in federal grant funding and $60 million in contracts. The IRS did not respond to a request for comment from Inside Higher Ed.

But the nonprofit’s tax-exempt status could grind to a halt if the IRS takes recent allegations of anti-white discrimination at the Gates Foundation seriously.

The Treasury Inspector’s audit found that the IRS’ TE/GE Division had completed 570 (34 percent) of the 1,700 tax-exempt hospital compliance reviews it expects to finish before the end of the ...

The IRS is planning to remove Harvard's tax-exempt status as part of the Trump administration's efforts to pressure the university over its policies. If carried out, this rare move could have ...

Tax-exempt means not being required to pay taxes on certain types of income. Individuals can qualify for tax-exemptions. Entire organizations can be completely tax-exempt. Tax-exempt does not mean ...

The Internal Revenue Service (IRS) has unveiled a new initiative that could potentially earn you an extra income if you report individuals engaging in illegal tax activities. This strategic plan ...

The IRS has published a private letter ruling on IRC §4942(g)(2) regarding a taxpayer’s request for a set-aside to rehabilitate a historic property. The IRS approved the request and stated ...