The aim of tax-exempt status is to support organisations that engage in activities that benefit the public or fulfill certain ...

Eligibility for federal student financial aid is primarily based on income as reported for tax purposes. However, tax-exempt ...

Estate tax changes in 2025. The Tax Cuts and Jobs Act of 2017 significantly raised the federal estate tax ceiling, but its provisions expire at the end of 2025. If the exemption r ...

The TCJA nearly doubled the federal lifetime estate and gift tax exemption. For 2025, the exemption is $13.99 million per person and $27.98 million for a married couple. Any assets above the ...

Muni advocates are stepping up pressure on Congress to take the elimination of municipal bond tax exemption off the menu by ...

At Tuesday's Omaha Public Power District's committee meeting, the district made clear they're keeping an eye on potential federal changes and cuts they fear could ultimately result in their customers ...

Following the lead of President Trump, state senators are considering a bill to exempt overtime pay from personal income tax.