The battle between President Trump and Harvard University has moved to a new front, with the IRS now considering whether to revoke the Ivy League school's tax-exempt status. A final decision has not ...

The Internal Revenue Service is making plans to rescind the tax-exempt status of Harvard University, according to two sources familiar with the matter, which would be an extraordinary step of ...

The tax bill only allows them to deduct 90% of their gambling losses, meaning gamblers could have to pay taxes on money they actually lost. That makes the loss even worse and, in theory, ruins things ...

Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo many of President Joe Biden’s efforts to ...

The Internal Revenue Service is preparing to revoke Harvard’s tax-exempt status after the University rejected federal demands on Monday, CNN reported Wednesday afternoon. The plans have yet to be ...