Sen. Rick Scott urges the Trump administration to revoke CodePink’s tax-exempt status due to connections with China funding.
Sen. Rick Scott Calls for Revocation of Code Pink’s Tax-Exempt Status WASHINGTON — Senator Rick Scott (R-Fla.) is urging the Trump administration to take action against the activist organization Code Pink, alleging that it receives funding from various U.S. adversaries, including the Chinese Communist Party and Cuba. On Wednesday, Scott sent a letter to IRS […]
GOP Representative Mark Harris calls on the Treasury to revoke the tax-exempt status of the SPLC.
Calls for SPLC’s Tax-Exempt Status to be Revoked Treasury Secretary Scott Bessent is facing pressure from Republican lawmakers to reconsider the Southern Poverty Law Center’s (SPLC) tax-exempt status. This push comes after allegations that the SPLC’s financial support for certain extremist groups constitutes a “fraudulent act.” Representative Mark Harris from North Carolina claims that the […]
Rep. Chip Roy proposes a bill to eliminate the SPLC’s tax-exempt status following a heated hearing
New Legislative Threats for Southern Poverty Law Center A left-leaning nonprofit under scrutiny from the Justice Department is facing increasing pressure from Congress. The Southern Poverty Law Center (SPLC), accused of covertly funding extremist groups while claiming to combat extremism, might soon lose its tax-exempt status. On Wednesday, Representative Chip Roy (R-Texas) put forward a […]
529 plans provide tax-exempt growth and new choices that families might not be aware of.
Discussion on Education Savings and Workforce Trends A panel discussion on “The Big Money Show” is set to explore a few interesting themes. One focus is why many Americans in their 40s are returning to school. The conversation will also touch on how artificial intelligence is altering career trajectories and the implications of increasing interest […]
4 key details about the tax-exempt $1,776 payments issued by the government
IRS Clarifies Tax Treatment for Military Payments The IRS has recently provided clarity on the tax implications for the $1,776 payments sent to certain military personnel. These payments, which were distributed in December 2025, were funded by Congress as part of what was referred to as the “One, Big, Beautiful Bill.” Here are four key […]
Ways to receive tax-exempt tips and overtime when completing your tax return
Changes to Taxation of Tips and Overtime in Tennessee JOHNSON CITY, Tenn. — The Big and Beautiful Bill, effective through 2028, introduces significant changes like eliminating taxes on tips and overtime pay. However, navigating these modifications can be somewhat tricky. The new regulations entail tax exemptions on tips and overtime pay, alongside exemptions on interest […]
IRS confirms $1,776 ‘Warrior Dividend’ is tax-exempt for service members
IRS Confirms Tax-Free Bonus for U.S. Military The Internal Revenue Service (IRS) provided some positive news for members of the U.S. military on Friday. They announced that the one-time bonus of $1,776, referred to as the “warrior dividend,” which is set to be given in December 2025, will be completely tax-free. This means that service […]
CAIR-California sent to IRS for tax-exempt status investigation by House chairman
CAIR California Under Fire for Tax-Exempt Status The California chapter of the Council on American-Islamic Relations (CAIR) is facing significant scrutiny after Jason Smith, the House Ways and Means Chairman, requested that the IRS investigate whether the nonprofit should maintain its tax-exempt status. This move comes amid accusations of misappropriating taxpayer funds, potential federal law […]
Cornyn questions CAIR’s tax-exempt status following state-level designations of terror groups
“We’re coming,” the CAIR action official said. In 2024, Basim Elkala, the executive director of the California chapter of the Council on American-Islamic Relations (CAIR), announced that the organization is intensifying its political efforts to challenge AIPAC. Senate Republicans are moving to revoke the tax-exempt status of national Muslim advocacy groups, which have been labeled […]
Chip Roy presents legislation to eliminate tax-exempt status from CAIR and other organizations linked to terrorism
Legislation Aimed at Cutting Tax Exemptions for Terror-Linked Groups Texas Republican Rep. Chip Roy is spearheading an initiative to stop indirect financial support from Americans to organizations connected to terrorism. On Tuesday, he introduced a bill intended to eliminate the tax-exempt status for extremist groups closely linked to terrorist entities. This proposal, referred to as […]