As long as there’s no promise, no pattern and no connection between the donation and the gift, then the IRS sees the donation ...

A donation to the Met Museum provided a $74 million tax write-off—until the taxmen stepped in.

Harvard spokesperson Jason Newton responded in a statement to Newsweek that there is "no legal basis" to rescind Harvard's tax-exempt status. "Such an unprecedented action would endanger our ability ...

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of ...

She has previously extensively covered stories within the U.K. art industry ... Just days after this year's April tax deadline passed, the Internal Revenue Service (IRS) is urging taxpayers ...

Missing a tax filing deadline can lead to a failure to file penalty, which is usually five percent of the unpaid taxes for each month a return is late.

She has previously extensively covered stories within the U.K. art industry ... With the federal tax filing deadline approaching on April 15, the IRS is urging taxpayers who have not yet submitted ...

The budget proposal seeks a sweeping restructuring of the nation’s domestic priorities reflective of the president's first ...

The IRS' ruling is welcome, then, for allowing advisors and tax experts room to stem damages ... "It's more of an art than a science. No one gets financial certifications to be a grief counselor ...

She has previously extensively covered stories within the U.K. art industry ... and can be done either online with an IRS e-filing partner, by mail, or with a tax professional.

She has previously extensively covered stories within the U.K. art industry ... for each month or part of a month that a tax return is late. The IRS advises that filing and paying promptly ...