The Trump administration is threatening to cancel universities' tax exemptions over diversity programs, and the higher education world is worried. The new rules, which aim to stamp out policies supporting minorities on college campuses, are unusually stri... See more
Published Corporate tax payments are plummeting even as profits soar. A big reason: all that AI spending. The tech world is pouring oceans of money into chips, data centers, power supplies and other components of the artificial intelligence infrastructure... See more
Follow IRS unveils plan to cancel universities' tax-exempt status Brian Faler Thu, September 3, 2026 at 3:08 PM UTC 1 min read Add Yahoo as a preferred source to see more of our stories on Google. The Trump administration unveiled a plan Thursday to cance... See more
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Democrats are unlikely to agree to take up so-called tax extenders anytime soon without a deal to extend Obamacare health care subsidies, a top tax aide said Wednesday. “A deal on health care is going to have to unlock before there is a meaningful tax veh... See more