News we might have missed. Last week Catherine Engelbrecht announced a historic legal victory in her decade long battle against the IRS for targeting her group, True The Vote, as part of the Obama administration’s weaponization program against political opposition. U.S. District Court Judge Reggie Walton issued a stunning ruling (full pdf below) in favor […]
Democrat Richard Neal Issues Subpoenas for Trump Tax Returns…
House Ways and Means Committee Chairman Richard Neal, D-Mass., has subpoenaed the Treasury Department and the IRS to follow up on his request for President Trump’s tax returns. “While I do not take this step lightly, I believe this action gives us the best opportunity to succeed and obtain the requested material,” Neal said in […]
Treasury Department Refuses to Release President Trump Personal Tax Returns…
The Treasury Department informed congress Monday it will not release President Trump’s tax returns. This follows a politically motivated request from House Democrats, and potentially sets-up a legal battle to be resolved by the Supreme Court. Letter from Treasury Secretary Steven Mnuchin…
Congress Is About to Ban the Government from Offering Free Online Tax Filing. Thank TurboTax…
Just in time for Tax Day, the for-profit tax preparation industry is about to realize one of its long-sought goals. Congressional Democrats and Republicans are moving to permanently bar the IRS from creating a free electronic tax filing system. Last week, the House Ways and Means Committee, led by Rep. Richard Neal, D-Mass., passed the […]
The Tax Cuts Didn’t Steal Your Tax Refund…
Democrats like Sen. Kamala Harris and the media are spreading hysteria over smaller tax refunds this year and painting the Tax Cuts and Jobs Act of 2017 as the Grinch that stole your tax refund. The real problem is the lack of financial education among Americans that allows lawmakers to hoodwink taxpayers. Harris, a presidential […]
IRS Analyst Charged with Leaking Michael Cohen’s Financial Records…
An analyst with the Internal Revenue Service was charged Thursday with leaking the financial records of former Trump attorney Michael Cohen. An affidavit submitted in the case reveals that John C. Fry, the analyst, placed several phone calls to attorney Michael Avenatti before and after he accessed Suspicious Activity Reports (SARs) that had been filed by […]
Florida Man’s $980k Refund Check from IRS Was First Clue Something Was Wrong…
It took a little time, but the IRS eventually realized it had a problem after it issued a refund check for $980,000 to a Florida man who’d claimed only about $18,000 in income for the 2016 tax year. A federal forfeiture complaint recently filed in U.S. District Court in Tampa lays out the story, according […]
The IRS Is Recalling 46k Workers to Handle Tax Returns…
The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 percent of its workforce — to handle tax returns and pay out refunds. The employees won’t be paid. With the official start of the tax filing season coming Jan. 28, the Trump administration has promised that […]
IRS to Issue Tax Refunds During Partial Government Shutdown…
Americans can expect to get tax refunds during the partial government shutdown after all, following a decision by the White House Office of Management and Budget. As part of the Treasury Department, the Internal Revenue Service has been shut for more than two weeks, and had said refunds could not be paid. President Donald Trump […]
Senate Votes to Overturn Trump Donor Disclosure Rule…
The Senate passed legislation Wednesday to reverse a Trump administration policy limiting donor disclosure requirements for political nonprofits in a rare rebuke to the White House. In a 50-49 vote, the Senate approved a resolution from Sens. Jon Tester (D-Mont.) and Ron Wyden (D-Ore.) that would block the recent Treasury Department change to IRS forms […]
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