IRS Targets Private Schools That Help Racial Minority Students The Internal Revenue Service (IRS) has set its sights on private schools serving a disproportionate number of racial minority students, sparking concerns about the potential impact on these institutions' operations and funding.
The move is part of a broader effort to re examine tax exemptions for private schools, which have been granted since 1921. Tax Exemptions Under Fire: What Do the IRS's Actions Mean for Private Schools?
Private schools in the United States operate under a complex system that allows them to receive tax exempt status if they meet certain criteria.