When Congress first created tax exemptions for nonprofit organizations in 1894, the goal was simple: Support charitable institutions serving the public good. Today, that well-intentioned policy has ...
The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of dollars. President Trump has questioned whether it should enjoy that status.
The Federal Inland Revenue Service (FIRS) has clarified that Nigerians’ NINs and companies’ CAC RC numbers will automatically ...