A tax exemption excludes certain income, revenue, or even taxpayers from tax altogether. The majority of taxpayers are eligible for a number of exemptions that can be used to lower their taxable ...

If you believe your property qualifies for a tax exemption, you can fill out this form on the auditor's website.

Tax-exempt organizations can quickly file Form 8868 through ExpressExtension by May 15 to get an automatic six-month extension and avoid IRS penalties. ROCK HILL, SC / ACCESS Newswire / May 13 ...

For nearly 90 years, credit unions across the country have enjoyed tax-exempt status as nonprofit ... "And they see that in the form of lower rates in loan products, higher rates in our deposit ...

Tax2efile, an IRS-authorized e-file provider, is reminding tax-exempt organizations that the deadline to file IRS Forms 990-N, 990-EZ, and extension Form 8868 is quickly approaching on May 15, 2025.

President Trump on Friday said he is stripping Harvard University of its tax exempt status — escalating a showdown with the Ivy League school after it defied his administration’s efforts to ...

By Andrew Duehren Maggie Haberman and Alan Blinder Harvard University signaled Friday that it would resist President Trump’s renewed threat to revoke the school’s tax-exempt status ...

De minimis is a duty-free exemption on Chinese imports to the US valued at or under $800. It’s being removed by the Trump administration as of May 2, 2025, as part of a raft of extensive tax ...

Under the Income Tax Act, 1961, certain investments, savings, and expenses are tax-exempt. We often make investments in certain financial products that enjoy tax exemptions under both old and new ...

Last week, reports surfaced that the Trump administration was directing the Internal Revenue Service to revoke Harvard’s tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. This ...

President Trump on Thursday floated a wider crackdown on tax-exempt entities after his administration asked the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status ...