Домой Блог Страница 37

3 Ways Losing Tax-Exempt Status Could Cost Harvard University Billions

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Trump has requested that Harvard’s tax-exempt status be revoked. This article discusses 3 key ways that being a 501(c)(3) organization generates so much in tax benefits.
Nearly every university in the United States is registered and files as a 501(c)(3) organization. This special status provides the university with preferential tax treatment that can be worth billions of dollars for a school like Harvard. CNN recently reported that Trump has requested that the IRS revokes Harvard’s tax-exempt status. This article discusses three key ways that losing the 501(c)(3) tax status could cost Harvard billions due to paying more in taxes.Endowment Earnings Are Not Subject To Income Taxation
A financially advantageous attribute of a 501(c)(3) organization is that the money it earns from its endowment is not subject to taxation. According to an NBC News report, Harvard’s endowment currently sits at $53.2 billion. Assuming a 5% rate of return, this means that Harvard would generate over $2.5 billion per year in endowment earnings. Currently, Harvard gets to keep all of this money. In fact, endowments can be misleading because the university primarily only uses the earnings from the endowment. However, if Harvard were to lose its tax-exempt status, it would have to pay a significant portion of its earnings from the endowment to the government as income taxes.Donors Receive Tax Deductions For Their Contributions
Tax-exempt organizations provide significant tax benefits to their donors by allowing their donations to be tax deductible. For example, if a donor in the top tax bracket (37% tax rate in 2025 on income over $626,350 for single taxpayers or income over $751,600 for married taxpayers) were to donate $100,000 to Harvard, this donation would be able to be deducted as an itemized expense. This means the donor’s taxable income would be reduced by $100,000, generating a $37,000 tax benefit.
If Harvard were to lose its tax-exempt status, donors would no longer be able to lower their taxable income by this charitable contribution. Donors may still wish to donate to Harvard without this beneficial tax treatment. However, Harvard losing the 501(c)(3) tax status would provide financial incentives for the donors to hold onto their funds or donate to a different 501(c)(3) organization where they could continue receiving the tax benefits.Universities Are Exempt From State And Local Taxes
501(c)(3) organizations are also typically exempt from paying state and local taxes. Of particular note for Harvard and other similar universities on large pieces of prime real estate is that they are not required to pay property taxes. Depending on the value of the property Harvard is situated on, this exemption can cost millions per year as the town of Cambridge, Massachusetts, levies a tax of $11.52 per $1,000 of land value. Even if the land is only worth $200 million, Harvard losing their 501(c)(3) tax status would lead to a tax bill to Cambridge for over $2 million per year. This higher property tax would be in addition to other state and local taxes owed.
A recent Bloomberg News article estimates that Harvard losing their status as a 501(c)(3) organization would cost the university over $465 million annually. Using this estimate, it would only take Harvard a little over two years for it to pay $1 billion in taxes (nearly $2 billion over the course of Trump’s second term) that it would otherwise not have to pay if it were to remain a 501(c)(3) organization. These expenses ultimately come at a steep cost to its students and faculty as it leaves fewer funds available for scholarships, grants, and support. These expenses would also come at an inopportune time when the Trump administration has already frozen over $2 billion in federal funds to Harvard.
Importantly, being a non-profit university can significantly negatively affect the school’s reputation, leading to unmeasurable negative consequences. A Forbes article discusses how universities that do not have a 501(c)(3) status have been riddled with controversies and questions over the quality of education. Even if Harvard maintains its reputation for being a high-quality educational institution, being considered a for-profit university may call into question its status as being among the most elite.

Сирена, прилеты и "вырубленный" свет: у россиян в Шуе царит истерика из-за украинских БПЛА

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В Шуе прозвучали по меньшей мере 6 взрывов. Местные жители сообщают о переходе школ на дистанционное обучение.
Неизвестные дроны второй день подряд атакуют город Шуя в Ивановской области РФ. Местные сообщают о по меньшей мере 6 взрывах, в результате чего в части населенного пункта пропал свет, а школьников перевели на дистанционное обучение.
В паблике сообщается, что все началось около 3:30 утра 17 апреля. В городе включили сирену, после чего раздались взрывы. Также сирену включили и в областном центре — городе Иваново.
«Подписчики сообщают, что в Шуе громко. В 3 ночи три «хлопка». ВСУ снова пытаются атаковать город Шуя в Ивановской области. Предварительно над городом уже сбито несколько воздушных целей», — говорится в сообщении.
Отмечается, что в Ленинском районе города «вырубили» свет. Также сообщалось, что атака «идет со всех сторон».
Городская администрация Шуи сообщила, что занятия в школах пройдут в дистанционном режиме, а жителей города призвали находиться в безопасных местах и распространили правила поведения во время атаки БПЛА.
«Дистант, из-за опасности атак БПЛА, на сегодня объявлен только для учащихся школ города Шуя. В Иваново и других городах региона такие меры пока не вводились. Повсюду полиция. Говорят всем не выходите из ваших домов», — говорится в сообщении.

За сутки ВСУ поразили три пункта управления врага, больше всего боев было под Покровском – Генштаб ВСУ

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За сутки силы обороны Украины нейтрализовали 1230 российских оккупантов, проинформировал 17 апреля в Facebook.
Общие боевые потери российских оккупантов, по данным Генштаба ВСУ по состоянию на утро 17 апреля, таковы: примерно 937 440 военных (+1230 за прошедшие сутки), 10 654 танка (+16), 22 217 боевых бронированных машин (+54), 25 442 артсистемы (+65), 1366 РСЗО (+2), 1135 средств ПВО (+3), 370 самолетов, 335 вертолетов и тысячи единиц другой техники.
Украинские военные отметили, что за прошедшие сутки авиация, ракетные войска и артиллерия поразили, в частности, 19 районов сосредоточения личного состава, вооружения и военной техники, три пункта управления, один склад боеприпасов и одну станцию радиоэлектронной борьбы противника.
На фронте за сутки зафиксировали 125 боевых столкновений.
По данным Генштаба, в Украине боевые столкновения произошли на харьковском (два), купянском (пять), лиманском (16), северском (девять), краматорском (пять), торецком (13), покровском (29), новопавловском (15), ореховском (шесть) и приднепровском (три) направлениях.
«На курском направлении за прошедшие сутки произошло 14 боестолкновений. Враг нанес 23 авиационных ударов, сбросил 37 управляемых бомб, совершил 413 артиллерийских обстрелов, в том числе 17 – из реактивных систем залпового огня», – сообщили в ВСУ.

What is tax-exempt status and can the IRS revoke it from Harvard?

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The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of dollars. President Donald Trump has questioned whether it should enjoy that status.
The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of dollars. President Donald Trump has questioned whether it should enjoy that status.
Harvard University, like many American colleges and charities, enjoys a federal tax exemption, a status granted by the IRS that allows the wealthy Ivy League university to forgo paying perhaps hundreds of millions of dollars a year in taxes.
The IRS is now weighing whether to revoke Harvard’s tax exemption, according to three people familiar with the matter, as the Trump administration demands that the university make changes to its hiring, admissions and curriculum policies.
President Donald Trump has called publicly for Harvard to pay taxes, and the administration cut $2.2 billion in federal funding to the university after it refused to submit to the administration’s pressure campaign.
Here’s what to know about tax-exempt status:What is tax-exempt status?
Tax-exempt status allows an organization not to pay federal income and property taxes under Section 501(c)(3) of the Internal Revenue Code, which means that donations to the institution are tax-deductible.
Eligible organizations include those whose purpose is “charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition and preventing cruelty to children or animals,” according to the IRS.
The IRS places a number of restrictions on any organization claiming tax-exempt status. None of its earnings can go to a private shareholder or individual, it is limited in its ability to influence legislation, and it cannot participate in a campaign or support political candidates, according to the Internal Revenue Code.Why do Harvard and other universities claim it?
Simply put, tax-exempt status saves money and can boost credibility. It can also help attract wealthy individuals seeking to donate large sums.
Institutions must apply to the IRS for tax exemption, and a vast majority of universities do so, according to the Association of American Universities. This is because of their educational purpose, which “the federal government has long recognized as fundamental to fostering the productive and civic capacities of citizens,” the association says.Can the IRS revoke tax-exempt status?
The IRS determines which organizations meet the criteria for tax-exempt status. The agency has at times revoked tax-exempt status, for example after audits that found political or commercial activities that violated the terms of eligibility.
But it is rare for the IRS to revoke the tax-exempt status of an educational institution. Tax laws also provide organizations the right to appeal an adverse decision by the agency.
The agency says it receives complaints claiming abuse of tax-exempt status every year from the public, members of Congress, state and federal government agencies and internal sources. But federal law bars the president or other senior officials of the executive branch from directly or indirectly requesting that the IRS investigate or audit specific organizations.
Harrison Fields, a White House spokesperson, said the IRS’ scrutiny of Harvard began before the president’s public call for Harvard to pay taxes.
In a statement, Harvard said there was no legal basis for rescinding its tax status. Any attempt to take away Harvard’s tax exemption would be likely to face a legal challenge, which tax experts expect would be successful.What would happen if Harvard lost its tax-exempt status?
Harvard has said that losing its tax exemption would result in the reduction of financial aid for students, the abandonment of important medical research and the loss of other opportunities for innovation.
Bloomberg News estimated in an analysis that Harvard’s tax benefits totaled at least $465 million in 2023. The university also indirectly benefits from the tax deduction that its donors get from making contributions. In the 2024 fiscal year, Harvard reported that it had collected more than $525 million in donations that could be used immediately.
Rescinding Harvard’s tax exemption would also have “grave consequences” for higher education in general, the university said.
And an attempt to change Harvard’s tax-exempt status amid its dispute with the Trump administration would amount to a severe breach of the independence of the IRS, which was established to be insulated from political pressure.

Wait, Motorola makes laptops now? Yes! The Moto Book 60 is here… if you can get your hands on it

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Just recently, we told you that Motorola was branching out from its usual smartphone territory and diving into a new space – laptops. Well, the wait is over because the Moto Book 60 laptop has officially launched.
Just recently, we told you that Motorola was branching out from its usual smartphone territory and diving into a new space – laptops. Well, the wait is over because the Moto Book 60 laptop has officially launched.
Motorola has just dropped its first laptop in nearly two decades – the Moto Book 60 – marking a comeback to the laptop game since its mid-2000s attempt. It made its debut in India, alongside the Moto Pad 60 Pro, the company’s first tablet release in years.
The Moto Book 60 comes in two eye-catching colors: Pantone Bronze Green and Pantone Wedgewood. Its sleek, minimalist design features the signature Moto dimple on the top lid, making it instantly recognizable.
Otherwise, you are looking at a 14-inch 2.8K OLED display with a 120Hz refresh rate, 500 nits brightness and Dolby Vision support. The bezels are fairly slim, giving the screen a modern, immersive look. Plus, it is TÜV Rheinland certified, which means it is easier on your eyes with low blue light and flicker-free visuals.
The Moto Book 60 keeps things light with its aluminum build and a weight of just 1.4 kg. On the left, you’ve got multiple USB-C ports and the laptop covers all the essentials when it comes to connectivity: Wi-Fi 7, Bluetooth 5.4, USB-A and USB-C ports, HDMI, microSD card slot and a 3.5mm headphone jack.
The device is powered by a 60Wh battery with 65W fast charging. It also comes with Windows 11 preinstalled and features AI-powered functions like Smart Connect, Smart Clipboard and File Transfer. These features make it easy to transfer data between the laptop and your Motorola phone, allowing things like copying and pasting from one device to another, which is pretty convenient.
Ok, now, probably the most important part for a laptop – its performance. There are two versions of the Moto Book 60. The first packs an Intel Core 5 processor with 16 GB of RAM and 512 GB of storage, which should be solid enough for everyday tasks, multitasking and even some light creative work.
The second is the more powerful option, running on an Intel Core 7 processor. This one comes in two storage configurations:
Now, let’s get into pricing and availability – and this might be a bit of a bummer for folks outside of India. For now, the Moto Book 60 is an India-exclusive, so if you are in the US or elsewhere, you will have to look into importing if you are really set on getting one.
Starting April 23, you will be able to grab it from Flipkart, one of the biggest retailers in India or from Motorola’s website. As for pricing, it falls right into the mid-range category:

Michelle Trachtenberg’s cause of death revealed nearly two months after sudden passing

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Nearly two months after her passing, Michelle Trachtenberg’s cause of death has been confirmed. The New York City Office of the Chief Medical Examiner.
Nearly two months after her passing, Michelle Trachtenberg’s cause of death has been confirmed. The New York City Office of the Chief Medical Examiner told Page Six that the actress died due to complications from diabetes mellitus. Watch the full video for more details on her unexpected death.
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Gaza Heads Into Deepening War a Month After Ceasefire Collapse

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Both Hamas and Israel have hardened their positions, making more conflict very likely
The Gaza Strip is taking stock of another month of devastation after the collapse of a ceasefire between Israel and Hamas and with little hope of a resolution to the war or the return of Israeli hostages seized by Hamas.
The war in Gaza has become one of the deadliest and most destabilizing conflicts of the 21st century since it began when Hamas attacked Israel on October 7, 2023.
It has brought a broader regional escalation that has also pulled the United States into active military confrontation with Iranian-backed groups such as the Houthis in Yemen. The widening crisis has opened new fronts in the global power struggle with Russia and China, which seek to challenge U.S. influence in the region.
Israel resumed its military operations against Hamas on March 18, 2025 after a nearly two-month pause during a ceasefire to bring about the release of Israeli hostages held in Gaza in exchange for Palestinian prisoners.
Since March 18, 2025, over 1,600 Palestinians have been killed in Gaza, bringing the total death toll since October 2023 to more than 51,000, according to estimates from health authorities in Gaza on Wednesday.
The authorities in Hamas-run Gaza do not distinguish between civilian and military dead.
The Armed Conflict Location & Event Data Project (ACLED) recorded over Israeli 300 airstrikes in Gaza during March 2025. The Israeli military reported Wednesday over a hundred «targeted eliminations» since March 18.
Hamas has continued to fire missiles into Israel, including launching around 10 rockets at southern Israel in one day. The Jewish Virtual Library, run by U.S.-based non-profit AICE, reported at least 28 projectiles and rockets fired from Gaza between March and April, in addition to more than 20 rockets and missiles fired from Yemen and Lebanon during the same period, causing little to no damage due to interception.
Most of more than 250 hostages captured in the Initial Hamas attack were freed in earlier ceasefires or confirmed dead, but 59 captives remain, with around 24 still thought to be alive, including some U.S. citizens.
On Tuesday, Hamas warned in a new video that ongoing Israeli strikes were likely to kill more hostages. The families of hostages show increasing exasperation with the hardline approach of Israel’s Prime Minister Benjamin Netanyahu but have shown little ability to influence official policy.
Between March and April, multiple proposals by mediators including the U.S., Egypt and Qatar to end the war have been rejected by one or both sides. Israel and Hamas have opposed each other’s demands and cited distrust between them.
Israel, preparing to expand ground operations, stated this week that it intends to maintain an indefinite military presence in Gaza.
«Approximately 30% of the Gaza Strip’s territory is now designated as an Operational Security Perimeter», the Israel Defense Force (IDF) said in its Wednesday operations summary.
Hamas has consistently rejected disarming and a group of other Palestinian factions lent it their support in a message on Tuesday.
The United Nations estimates that nearly half a million Palestinians have been internally displaced since March 18 with Gaza’s roughly 2 million population now squeezed into small areas in the south, with infrastructure destroyed and shortages of food and medical aid.
Arab nations, including Egypt, Jordan, Saudi Arabia, and Qatar, have united in rejecting U.S. and Israeli proposals to relocate Gazans to neighboring countries to allow for reconstrution.
The conflict has claimed more than a thousand aid workers and medics’ lives, watchdog groups and Gaza authorities say. The Committee to Protect Journalists (CPJ) said at least 175 journalists and media workers have been killed since the war began in Gaza, the West Bank, Israel, and Lebanon. The IDF has alleged that some of those identified as both journalists and aid workers were also working for armed groups.
Israel Defense Minister Israel Katz, as quoted by Reuters: «The IDF will remain in the security zones as a buffer between the enemy and the communities in any temporary or permanent situation in Gaza — as in Lebanon and Syria.»
Hamas senior official Mahmoud Mardawi told Al-Jazeera Mubasher, translated from Arabic: «We will not negotiate over weapons, nor over those who bear arms, at any stage.»
U.S. Hostage Envoy Adam Boehler told Al-Jazeera English Wednesday: «I can tell you that the fighting would end immediately, immediately if hostages are released. The day that those hostages are released, the fighting will end.»
With prospects for a temporary ceasefire appearing stalled by the demands of the rival forces, the expectation is for a continuing conflict and deepening humanitarian crisis.

В результате вражеских обстрелов Херсонщины пострадали 15 человек и один погиб — Прокудин

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Российские войска в среду обстреляли Херсонскую область, в результате чего пострадали 15 человек и один погиб, сообщил глава ОВА Александр Прокудин.
Российские войска в среду обстреляли Херсонскую область, в результате чего пострадали 15 человек и один погиб, сообщил глава ОВА Александр Прокудин.
«Из-за российской агрессии 1 человек погиб, еще 15 получили ранения, из них — 1 ребенок», — написал он в Телеграме.
По его словам, за прошедшие сутки под вражеским огнем и авиаударами оказались Антоновка, Инженерное, Зеленовка, Садовое, Камышаны, Белозерка, Станислав, Широкая Балка, Ромашковое, Александровка, Дарьевка, Понятовка, Никольское, Новодмитровка, Берислав, Дудчаны, Новорайск, Саблуковка, Шляховое, Монастырское, Осокоровка, Нововоронцовка, Качкаровка, Новоалександровка, Днепровское, Кизомыс, Костырка, Львово, Одрадокаменка, Ольговка, Приднепровское, Токаревка, Томарино, Тягинка, Красный Маяк и город Херсон.
Также российские военные били по критической и социальной инфраструктуре; жилым кварталам населенных пунктов области, в частности повредили 20 многоэтажек и 17 частных домов. Также оккупанты повредили газопроводы, хозяйственную постройку, пожарные и частные автомобили.

Масштабная атака на Днепр: число пострадавших растет, появились новые фото и видео

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В Днепре продолжает расти количество пострадавших после атаки россиян вечером 16 апреля. Их уже 30.
В Днепре продолжает расти количество пострадавших после атаки россиян вечером 16 апреля. Их уже 30.
Об этом сообщает РБК-Украина со ссылкой на Telegram главы Днепропетровской ОВА Сергея Лысака, Telegram главы Днепропетровского областного совета Николая Лукашука.
Так, по его словам, массированная атака БпЛА привела к трагическим последствиям в Днепре — погибли три человека, среди них — ребенок.
«Пострадали 30, пятеро — дети. Под наблюдением врачей в медучреждениях остаются 16 пациентов. Один — в тяжелом состоянии», — отметил глава ОВА.Последствия атаки на Днепр
В городе изуродованы с десяток многоквартирных домов и столько же — частных. Повреждены корпус учебного заведения, общежитие, гимназия.
«А еще — пищевое предприятие, почта, типография, админздание, магазины, почти полтора десятка авто», — отметил Лысак.Атака РФ на Днепр
Вчера вечером, 16 апреля, россияне массированно атаковали Днепр дронами. В результате атаки были пожары, повреждения, есть погибшие и много пострадавших.
В частности, погибли три человека, в том числе ребенок. До этого сообщалось, что ранения получили 28 человек, из них 4 ребенка. Днепр оккупанты атаковали «Шахедами» около 23:00.

Wife of man mistakenly deported to El Salvador filed for protective order against him in 2021, documents show

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Kilmar Abrego Garcia’s wife sought and received a temporary protective order against him in May 2021. The case was dismissed the following month after she failed to appear for a hearing.
The wife of a 29-year-old Maryland man who was mistakenly deported by the Trump administration to El Salvador last month filed a protective order against him back in 2021 over allegations of domestic violence, according to court records obtained by CBS News Wednesday.
Jennifer Vasquez sought and received a temporary protective order against Kilmar Abrego Garcia in May 2021, per court records filed in Prince George’s County District Court.
The Department of Homeland Security posted a document Wednesday it said was from the case, which alleged Abrego Garcia «punched and scratched» Vasquez, «ripped off» her shirt, and «grabbed and bruised» her.
At the time, the judge in the case ordered Abrego Garcia not to contact Vasquez, vacate their home, and stay away from the home of another family member. He was also ordered to surrender firearms.
The case, however, was dismissed in June 2021 after Vasquez failed to appear for a final hearing, according to court records. The two returned to living together.
In a statement provided to CBS News Wednesday evening, Vasquez confirmed seeking the court order.
«After surviving domestic violence in a previous relationship, I acted out of caution after a disagreement with Kilmar by seeking a civil protective order in case things escalated», Vasquez said. «Things did not escalate, and I decided not to follow through with the civil court process. We were able to work through this situation privately as a family, including by going to counseling. Our marriage only grew stronger in the years that followed. No one is perfect, and no marriage is perfect. That is not a justification for ICE’s action of abducting him and deporting him to a country where he was supposed to be protected from deportation. Kilmar has always been a loving partner and father, and I will continue to stand by him and demand justice for him.»
Vasquez is a U.S. citizen and Abrego Garcia is a Salvadoran national.
The Trump administration has admitted that an «administration error» led to Abrego Garcia’s deportation on March 15. The case has prompted a string of legal wrangling that made its way to the Supreme Court, which last week upheld a lower court decision that the Trump administration be required to «facilitate» his release.
Despite the Supreme Court’s ruling, the case has appeared to languished. U.S. District Judge Paula Xinis has repeatedly rebuked the Trump administration for stonewalling her and not complying with her order to both provide information on Abrego Garcia’s whereabouts and facilitate his return to the U.S.
Abrego Garcia was among 238 Venezuelans and 23 Salvadoran migrants that were placed aboard three March 15 deportation flights to El Salvador after the White House alleged, often without evidence, that the men are members of transnational gangs.
President Trump invoked the wartime 1798 Alien Enemies Act as justification for deporting many of the migrants to El Salvador. Another federal judge who had ordered the three flights to El Salvador be turned around found Wednesday that there was probable cause to hold the Trump administration in criminal contempt for defying his orders.
The men are reportedly being held in the notorious Salvadoran supermax prison, known as CECOT, under an agreement with Salvadoran President Nayib Bukele.
During a White House meeting with Mr. Trump Monday, Bukele told reporters he would not be returning Abrego Garcia to the U.S., and U.S. Attorney General Pam Bondi said that same day it is «up to El Salvador if they want to return him.»
Abrego Garcia came to the U.S. illegally in 2011 when he was 16 years old.
In 2019, he was arrested by Immigration and Customs Enforcement, but an immigration judge barred his removal from the U.S. after determining that he could face persecution by gangs if deported to El Salvador. The judge granted him what is known as «withholding of removal» status.
He was arrested again on March 12 following a traffic stop. Citing information from an informant who officials have said is credible, the Department of Homeland Security has alleged that Abrego Garcia is a member of the MS-13 gang, a claim his family and attorneys deny. Abrego Garcia has no criminal record in the U.S. or El Salvador, according to government documents.
In an interview with CBS News earlier this month, Vasquez said that Abrego Garcia is «not a criminal. My husband is an amazing person. An amazing father.»

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