Todd, 56, was freed first from his Florida lockup where he was serving 12 years, while Julie, 52, was in Kentucky serving a ...

WASHINGTON (AP) — A tax on the endowments of America's wealthiest colleges began during President Donald Trump's first administration, collecting 1.4% of their investment earnings. Under ...

It also said it was canceling two grants to the school totaling $2.7 million.By taking action against international students and the school's tax status, the administration struck at two pillars ...

The IRS is the only entity with the power to change an organization’s tax status—Trump could not do it on his own. The Trump administration accused Harvard in a letter last week of failing to ...

The Trump administration is planning to end the free tax filing service developed during the Biden administration, The Associated Press reported, citing two people familiar with the decision.

We also reached out to the Treasury, the parent agency of the IRS, and the Treasury Inspector General for Tax Administration (TIGTA) to ask how it discovered the true scope of Littlejohn's leaks.

Washington — President Trump said Friday that his administration will be rescinding Harvard University's tax-exempt status, further escalating the ongoing feud with the Ivy League school.

The eventual 1983 Supreme Court ruling in that case would likely serve as the legal precedent for the Trump administration in a case against Harvard, says Michael Graetz, a professor of tax law at ...

writing “tax exempt status is totally contingent on acting in the PUBLIC INTEREST!” The Trump administration on Monday froze $2.2 billion in federal funding and a $60 million federal contract ...

All told, taxpayers spent an estimated 7.1 billion hours dealing with the tax code this year. Fortunately, the Trump administration is renewing its push to clean up the clutter. A new effort to ...

WASHINGTON (AP) — A tax on the endowments of America’s wealthiest colleges began during President Donald Trump’s first administration, collecting 1.4% of their investment earnings.