A House measure that would make it easier to yank the tax-exempt status of nonprofits that the Trump administration deems as ...

The provision would give President Donald Trump new powers to attack and destroy nonprofit groups at his discretion.

On May 12, 2025, the House Ways and Means Committee released a draft version of the Republican-led tax bill, "The One, Big, Beautiful Bill" ...

The “nonprofit killer” is back—this time tucked into congressional Republicans’ aggressive new tax proposal, which they’ve ...

Taxes on large foundations, including Gates, the Lilly Endowment, Ford and the J. Paul Getty Trust would rise to 10%.

The tax bill includes several controversial measures: higher taxes for foundations, a new tax on remittances, and the power ...

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

ACCORDING to the President’s Act 1975 (Remuneration and Privileges), as amended up to 2016, Section 3, the president’s salary ...

A new GOP tax bill could let the Treasury Secretary revoke nonprofit status putting Public Service Loan Forgiveness at risk ...

A draft spending bill slated for consideration in the House Ways and Means Committee Tuesday maintains the credit union ...

For nearly 90 years, credit unions across the country have enjoyed tax exempt status as non-profit organizations.

New York’s 2025 to 2026 budget cuts taxes for many households while adjusting the rates for other tax scenarios. Check out ...