Federal law prohibits the Internal Revenue Service from halting an audit at the direction of the president or his aides.
Category: Internal Revenue Service
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Audit Immunity for Trump Family Puts I.R.S. in a Bind
Federal law prohibits the Internal Revenue Service from halting an audit at the direction of the president or his aides.
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Top Treasury Lawyer Resigns After Creation of ‘Anti-Weaponization Fund’
Brian Morrissey, the department’s general counsel, stepped down hours after the Trump administration announced the $1.8 billion fund.
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Top Treasury Lawyer Resigns After Creation of ‘Anti-Weaponization Fund’
Brian Morrissey, the department’s general counsel, stepped down hours after the Trump administration announced the $1.8 billion fund.
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Justice Dept. Announces $1.8 Billion Fund in Settling I.R.S. Suit
The dismissal appears to be part of the Trump administration’s effort to effectively settle the case, which stemmed from the leak of his tax returns in 2019.
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Trump Administration Weighs $1.7 Billion Fund for Allies Investigated Under Biden
Critics denounced the highly unusual plan, which has yet to be finalized or approved, as a vast political slush fund financed by taxpayers.
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Trump Administration Pushes I.R.S. to Identify Undocumented Immigrants
The deliberations are a sign that the Trump administration may once again try to harness the power of the I.R.S. to advance its immigration agenda.
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Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.
One of the settlement terms under review is for the I.R.S. to drop any audits of the president, his family members and businesses.
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You May Be Owed a Tax Refund From the Covid Era
A court ruling found that the I.R.S. shouldn’t have charged penalties and interest during the pandemic. But the government may appeal the decision.
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Senators Say Lawyers Helped Wealthy Clients Dodge Taxes in Puerto Rico
Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
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Judge Asks Justice Department: Will You Oppose Trump?
A federal judge has ordered the Justice Department to explain whether it intends to contest President Trump’s $10 billion lawsuit against the I.R.S. over the disclosure of his tax returns.
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More Americans Taking 401(k) Hardship Withdrawals
More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules.