"It's less likely the revocation would be retroactive in a normal case but there's been a lot of upheaval at the IRS right now," said Adam Young, a partner in Fox Rothschild's taxation and wealth ...

In D.C. removing Muni tax exemption is a potential pay-for for the extension of TCJA. The laundry list of all the potential pay-fors was released by the House Ways and Means Committee in January ...

So it goes for Harvard University, which dared to oppose his policy demands in return for federal funds and now could lose its tax exemption. But this may not be as easy as the President thinks.

Threats to revoke tax-exemptions for trade groups and nonprofits in the entertainment industry could be used as a bartering chip for the administration to get what it wants. By Winston Cho Earlier ...

IRS Turmoil: Leadership Churn, Worker Exodus and Threats to Groups' Tax-Exempt Status Roil Agency WASHINGTON (AP) — The height of tax season was the height of turmoil at the IRS. The agency ...

Trump said last week at the White House that the administration is looking at the tax-exempt status of Harvard University, which has defied the government’s attempts to limit activism on campus ...

And President Donald Trump is weighing in on which nonprofits should lose their tax-exempt status, an incursion into the agency’s typically apolitical stance that threatens to further erode ...