President Trump’s “One Big Beautiful Bill” (OBBBA) was narrowly passed in the House in May, and while there are many ...

Nonprofits operating under 501(c) are tax-exempt, while C corporations must ... which is dependent on both state and local regulations. To form a nonprofit corporation, you must first file ...

Do Nonprofits Pay Federal Excise Tax Surcharges?. The Internal Revenue Service requires... Foreign charities use IRS Form 1023, Application for Recognition of Exemption Under Section 501(c)(3 ...

Grand Canyon University says the Internal Revenue Service reaffirmed the school's status as a nonprofit institution following a four-year audit.

Mr. Furman, a contributing Opinion writer, was the chairman of the White House Council of Economic Advisers from 2013 to 2017. There was much to dislike in the package of large and regressive tax ...

A fully automated D.C. Metro in the next two decades is closer to becoming a reality, as local leaders found agreement at a region-wide meeting Friday on adding hundreds of millions of dollars in ...

WASHINGTON, May 18 (Reuters) - U.S. President Donald Trump's sweeping tax-cut bill, which had been stalled for days by Republican infighting over spending cuts, won approval from a key ...

House Republicans are looking to push through tax cuts and spending reductions to pass President Trump’s “big, beautiful” budget bill, which is set to slash Medicaid spending. Photo ...

has notified the complete set of Income Tax Return forms ( ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-V, ITR 6, ITR-7 ) for Assessment Year 2025-26, and introduced multiple taxpayer-friendly ...

In a notable decision impacting taxpayers with foreign income, the Income Tax Appellate Tribunal (ITAT), Pune Bench, has ruled that a delay in filing the requisite Form 67 should not be the sole basis ...

There are other 501(c) groups including (c)(4) trade unions, and (c)(6), including business groups. The exemption is powerful because the groups don’t pay certain taxes and their donors get a federal ...

(AP Photo/J. Scott Applewhite, File) Follow live updates on President Donald Trump and his administration WASHINGTON (AP) — House Republicans proposed sweeping tax breaks Monday in President Donald ...