Latest / US News Today | 2 Min News | The Daily News Now!
Trump Admin Targets Nonprofits for Tax Status | US News
The Trump administration is reportedly launching a sweeping crackdown on nonprofit groups, targeting high-profile organizations like George Soros’ Open Society Foundations and the SPLC, accusing them of abusing the tax code. With a new executive order and Treasury-led audits looming, the move could strip these groups of their tax-exempt status — potentially triggering years of legal battles and massive back taxes. Critics warn this could be politically motivated, silencing dissent and setting a dangerous precedent for government overreach against nonprofits. The Treasury remains silent on…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.