A federal bill proposed this week would affirm that nonprofits and charities are not receiving federal “financial assistance” ...

This post is the second of two focused on the Texas sales and use tax treatment of tax-exempt entities. The first, which can ...

In return, they are expected to adhere to specific fiduciary responsibilities, including transparency, ethical governance and ...

The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption ...

Understand dividend taxes and learn about qualified vs. ordinary rates. Discover how dividends are taxed and optimize your ...

In a letter ruling, the IRS determined that a recreational community club was not a qualified amateur sports organization.

ITAT Chennai held that exemption under section 11 of the Income Tax Act is allowable inspite of certain errors while filing form 10B since the claim is supported by audited financials, revised audit ...

said Thursday that the tax status credits unions have enjoyed for nine decades now is due for change. “We’ve had an issue with the credit union industry’s tax exemption for a long time because we feel ...

Chancellor Rachel Reeves's decision to make pensions taxable for inheritance tax purposes will place an increasing burden on UK pension schemes, and experts have warned this could mean families ...

House Ways and Means Committee Chairman Jason Smith (R-MO) wrote a letter to the IRS urging the agency to revoke the tax-exempt status of a nonprofit group founded by Stacey Abrams after it was ...

Some Christian ministries, however, have argued that the tax-exempt status for churches comes at too great of a cost – the 'muzzling' of pastors. In order for churches to still be considered charities ...

Opinion - There have long been calls for New Zealand's charity-linked businesses to lose their tax exemption status. Under the current rules, companies such as Sanitarium, which is wholly owned by the ...