Tax-exempt does not mean you don’t have to report the income on your tax return. ... These organizations don’t report a profit. Instead they use funds for organizational purposes.

A parliamentary panel led by BJP's Baijayant Panda recommended continuing tax exemptions for anonymous donations to religious ...

Several cash-strapped state and local governments are considering new taxes on not-for-profit organizations, according to a report by the New York Times. The Times listed several recent ...

Under the Sec. 6417 direct-pay election, tax-exempt organizations, including not-for-profits and governmental agencies, can claim certain energy credits on their federal income tax returns, but to ...

Throughout the first six months of 2025, proponents of tax-exempt bond financing feared that Congress might eliminate the exemption of interest ...

A parliamentary panel suggested tweaks to the Income Tax Bill, 2025, advocating for taxpayer relief and tax exemptions for ...

A Parliamentary panel, headed by BJP leader Baijayant Panda, has favoured continuing tax exemption on anonymous donations made to religious-cum-charitable trusts in the new Income Tax Bill, saying any ...