{"id":1245,"date":"2025-04-17T00:01:09","date_gmt":"2025-04-17T00:01:09","guid":{"rendered":"http:\/\/entouragecover.com\/?p=1245"},"modified":"2025-04-21T14:33:08","modified_gmt":"2025-04-21T14:33:08","slug":"irs-asked-to-revoke-harvards-tax-exempt-status","status":"publish","type":"post","link":"http:\/\/entouragecover.com\/index.php\/2025\/04\/17\/irs-asked-to-revoke-harvards-tax-exempt-status\/","title":{"rendered":"IRS asked to revoke Harvard's tax-exempt status"},"content":{"rendered":"
The Trump administration asked the Internal Revenue Service (IRS) to revoke Harvard University\u2019s tax-exempt status on Wednesday, a day after President Trump suggested the idea.<\/p>\n
Andrew De Mello, the IRS\u2019s acting chief counsel, received an inquiry from the Treasury Department on Wednesday requesting that the agency rescind the Ivy League school’s tax-exemption status, according to The Washington Post<\/a>.\u00a0<\/p>\n \u201cPerhaps Harvard should lose its Tax Exempt Status and be Taxed as a Political Entity if it keeps pushing political, ideological, and terrorist inspired\/supporting \u2018Sickness?’\u201d Trump wrote in a Tuesday Truth Social post. \u201cRemember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!\u201d<\/p>\n Tax exemption is reserved for nonprofits, social welfare organizations, religious groups and some educational institutions that fit the government\u2019s criteria. However, they are banned from political campaign activity.\u00a0\u00a0<\/p>\n Only the IRS can review and revoke the existing status of taxpaying entities and has traditionally done so without presidential interference, as mandated by tax laws.<\/p>\n The development is the latest in the school\u2019s public fallout<\/a> with the Republican administration for refusing to comply with a list of their demands to maintain federal funds.\u00a0\u00a0\u00a0<\/p>\n \u201cThe IRS is supposed to administer the tax rules impartially, not pursue political vendettas against exempt organizations,\u201d Steve Rosenthal, who served as senior fellow at the Tax Policy Center, a Washington-based think tank, told the Post.<\/p>\n