Democrats Could Go After Donald Trump's Tax Returns Soon
5 years, 10 months ago

Democrats Could Go After Donald Trump's Tax Returns Soon

Huff Post  

LOADING ERROR LOADING Democrats will request copies of President Donald Trump’s tax returns in a matter of weeks, according to one senior member of the tax committee in the House of Representatives. The Trump administration is “feeling the heat, there’s no question about it, because everybody’s talking about the tax returns now,” Pascrell said. For Ways and Means, Trump’s tax returns could show whether the IRS is doing a good job of enforcing the tax laws written by members of Congress. Pascrell complained last week that Neal was taking too long to request Trump’s tax info; Neal said Pascrell told him privately he was doing a good job.

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History of this topic

Trump disarmed a political landmine in refusing to release his tax returns
3 months ago

Trump disarmed a political landmine in refusing to release his tax returns

Politico  

President Joe Biden and Vice President Kamala Harris released their returns in April. Trump’s steadfast refusal, and the dog-that-didn’t-bark nonresponse to that nondisclosure, amounts to yet another blow to the decades-old tradition of presidential contenders in both parties volunteering their returns. It’s hard to know what other potential conflicts of interest Trump might have because, while some of his old …

Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower
8 months ago

Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower

Associated Press  

WASHINGTON — Former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied to a Chicago skyscraper, according to a report by The New York Times and ProPublica that drew on a yearslong audit and public filings. Trump’s presidential campaign provided a statement in son Eric …

Trump used an unusual method to get a behind-the-scenes look at IRS tax investigation: report
1 year, 11 months ago

Trump used an unusual method to get a behind-the-scenes look at IRS tax investigation: report

Raw Story  

Former President Donald Trump sent a barrage of Freedom of Information Act requests to the IRS in an attempt to get a behind-the-scenes look at the agency's preparations to turn his tax records over to Congress, Bloomberg reports. According to one of the FOIA requests, Trump attorney William F. Nelson asked the IRS for communications from IRS Commissioner Charles Rettig …

Trump used Freedom of Information Act request to slow IRS release of his taxes
1 year, 11 months ago

Trump used Freedom of Information Act request to slow IRS release of his taxes

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Former president Donald Trump inundated the Internal Revenue Service with …

Trump warns of dire consequences as US House committee releases his tax returns
2 years ago

Trump warns of dire consequences as US House committee releases his tax returns

India Today  

Democrats in Congress released six years of Donald Trump's tax records to the public on Friday, disclosing documents the former president long sought to keep secret and dealing with another setback as he again seeks the White House in 2024. A Democratic-controlled U.S. House of Representatives committee released Trump's redacted returns for 2015 through 2020, capping a multi-year battle between …

Tax returns reveal that Trump held foreign bank accounts in the UK, Ireland and China while in office
2 years ago

Tax returns reveal that Trump held foreign bank accounts in the UK, Ireland and China while in office

Raw Story  

Six years of former President Donald Trump's federal tax returns were finally released on Friday. The House Ways and Means Committee released the redacted versions of Trump's returns for the tax years 2015 through 2020. BREAKING: The House Ways and Means Committee has officially released six Trump's tax returns. The Ways and Means Committee's top Republican, Rep. Kevin Brady of …

Trump's tax returns finally released to the public
2 years ago

Trump's tax returns finally released to the public

Raw Story  

On Friday morning, the House Ways and Means Committee placed former President Donald Trump's tax returns into the congressional record during a pro forma session, officially releasing the information to the public. Every president since the Richard Nixon administration, and virtually every presidential candidate, has released their tax returns to the public voluntarily. READ: 'Trust fund nepo baby' Donald Trump …

Trump’s tax returns are out. Here’s how he was able to pay so little — so often
2 years ago

Trump’s tax returns are out. Here’s how he was able to pay so little — so often

LA Times  

Former President Trump’s seven-year battle to keep the public from seeing his taxes ended in defeat Friday as a House committee released six years of returns documenting his aggressive efforts to minimize what he paid the Internal Revenue Service. For the record: An earlier version of this article incorrectly stated which year’s tax return from former President Trump the Ways …

Trump rails against ‘deranged tax return witch hunt’ in three-minute video rant
2 years ago

Trump rails against ‘deranged tax return witch hunt’ in three-minute video rant

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Former President Donald Trump has lashed at the “outrageous abuse …

Trump’s taxes: House OKs bill on IRS audits of presidents
2 years ago

Trump’s taxes: House OKs bill on IRS audits of presidents

Associated Press  

WASHINGTON — The House took action Thursday after disclosures that the IRS never fully reviewed Donald Trump’s tax returns during his presidency, passing a bill that would require audits of any president’s income tax filings. He said the “unprecedented action jeopardizes the rights of every American to be protected from political targeting.” The committee’s lengthy investigation revealed this week that …

EXPLAINER: What’s the debate over releasing Trump’s taxes?
2 years ago

EXPLAINER: What’s the debate over releasing Trump’s taxes?

Associated Press  

WASHINGTON — The Democratic-controlled House Ways and Means Committee on Tuesday voted to release former President Donald Trump’s tax returns, raising the potential of additional revelations in the coming days related to the finances of the longtime businessman who broke political norms by refusing to voluntarily make public his returns as he sought the presidency. That date coincides with when …

Trump's taxes: House OKs bill on IRS audits of presidents
2 years ago

Trump's taxes: House OKs bill on IRS audits of presidents

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The House took action Thursday after disclosures that the IRS …

IRS mandatory presidential audit policy goes under spotlight
2 years ago

IRS mandatory presidential audit policy goes under spotlight

Associated Press  

WASHINGTON — An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny after a report published by a congressional panel found the agency failed to perform the mandatory inspection of Donald Trump’s returns until Congress pressed for information about the process. The three-point policy states that individual returns for the president and the …

US House moves to expand oversight after Trump tax revelations
2 years ago

US House moves to expand oversight after Trump tax revelations

Al Jazeera  

Bill requiring the US tax enforcement agency to audit presidents’ tax filings faces uphill battle to become law. The Democratic-led House of Representatives has voted to require the US Internal Revenue Service to audit presidents’ tax filings after lawmakers concluded the agency did not properly examine Donald Trump’s returns while he was in the White House. However, it gives Democrats …

Calls for investigation after Trump tax returns expose 'audit' lie — and years of 'negative income'
2 years ago

Calls for investigation after Trump tax returns expose 'audit' lie — and years of 'negative income'

Raw Story  

The House Ways and Means Committee on Tuesday voted to release years of former President Donald Trump's tax returns and revealed that the IRS did not perform mandatory audits during his first two years in office. The panel voted to release Trump's tax returns from his years in office after winning a yearslong court battle to obtain them even though …

Trump and the IRS: A massive tax cheat and a hapless, corrupt agency
2 years ago

Trump and the IRS: A massive tax cheat and a hapless, corrupt agency

Raw Story  

Back in February of 2019, then-President Donald Trump's former attorney, Michael Cohen, testified before the House Oversight Committee that his former employer had once shown him a big refund from the IRS and told him "he could not believe how stupid the government was for giving someone like him that much money back." On Tuesday the House Ways and Means …

Trump tax audits required by IRS were delayed, panel says
2 years ago

Trump tax audits required by IRS were delayed, panel says

Associated Press  

WASHINGTON — The IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency, a congressional panel found on Tuesday, raising questions about statements by the former president and leading members of his administration who claimed he could not release his tax filings because of the ongoing reviews. A report released by the Democratic majority …

House votes to release Donald Trump’s tax returns after years of legal fighting
2 years ago

House votes to release Donald Trump’s tax returns after years of legal fighting

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An influential congressional committee voted on Tuesday to release former …

Donald Trump's tax audits required by law were delayed, says House Panel
2 years ago

Donald Trump's tax audits required by law were delayed, says House Panel

India Today  

A report issued Tuesday by the Democratic-controlled House Ways and Means Committee found that required IRS audits of Donald Trump were delayed, and committee members voted along party lines to also release tax filings of the former president who broke political norms by refusing to release the information on his own. That date also coincides with committee Chairman Richard Neal, …

Donald Trump's tax returns to be released to public
2 years ago

Donald Trump's tax returns to be released to public

The Telegraph  

US legislators have voted to make public Donald Trump's tax returns, ending a years-long battle by the former president to keep the filings private as his cloudy financial past continues to stoke controversy. Mr Trump's family business was convicted of tax fraud earlier this month, in a case Manhattan District Attorney Alvin Bragg said was "about greed and cheating." "Democrats …

Congressional Panel Publicly Releases Report On Trump's Tax Returns
2 years ago

Congressional Panel Publicly Releases Report On Trump's Tax Returns

Huff Post  

LOADING ERROR LOADING WASHINGTON — The IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency, a congressional panel found on Tuesday, raising questions about statements by the former president and leading members of his administration who claimed he could not release his tax filings because of the ongoing reviews. But the report found …

Treasury making Trump taxes available to House committee
2 years, 1 month ago

Treasury making Trump taxes available to House committee

Associated Press  

WASHINGTON — The Treasury Department said Wednesday it has complied with a court order to make former President Donald Trump’s tax returns available to a congressional committee. The Supreme Court last week rejected Trump’s request for an order that would have prevented the Treasury Department from giving six years of tax returns for Trump and some of his businesses to …

US Supreme Court clears release of Donald Trump's tax returns to congressional committee
2 years, 1 month ago

US Supreme Court clears release of Donald Trump's tax returns to congressional committee

ABC  

The US Supreme Court has cleared the release of Donald Trump's tax returns to a congressional committee, handing a defeat to the Republican former president who had called the Democratic-led panel's request politically motivated. Key points: Donald Trump was the first president in four decades not to release his tax returns Supreme Court justices have now upheld a request from …

Supreme Court paves the way for release of Trump's tax returns to a House panel
2 years, 1 month ago

Supreme Court paves the way for release of Trump's tax returns to a House panel

NPR  

Supreme Court paves the way for release of Trump's tax returns to a House panel Enlarge this image Zach Gibson/Getty Images Zach Gibson/Getty Images The U.S. Supreme Court on Tuesday refused to block a request by the House Ways and Means Committee for former President Donald Trump's tax returns. The House Ways and Means Committee argued that it needs the …

Trump asks Supreme Court to block House Democrats from seeing his tax returns
2 years, 2 months ago

Trump asks Supreme Court to block House Democrats from seeing his tax returns

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Former president Donald Trump has launched a last-ditch appeal to …

House committee claims victory in battle for Donald Trump’s tax returns
2 years, 5 months ago

House committee claims victory in battle for Donald Trump’s tax returns

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Members of Congress on the House Ways and Means Committee …

Appeals court says House can obtain Trump’s taxes from the IRS
2 years, 5 months ago

Appeals court says House can obtain Trump’s taxes from the IRS

CNN  

CNN — A federal appeals court on Tuesday signed off on a House Ways and Means Committee request to obtain former President Donald Trump’s tax returns from the Internal Revenue Service. The majority opinion, written by Circuit Judge David Sentelle, said that Ways and Means Committee Chairman Richard Neal’s request for the records was within the scope of his committee’s …

Congressional panel can look at Trump’s tax records, court rules
2 years, 5 months ago

Congressional panel can look at Trump’s tax records, court rules

Al Jazeera  

The ruling adds to the former president’s growing list of legal challenges as he hints at a 2024 presidential campaign. A United States federal appeals court has ruled that a congressional committee has the right to see former President Donald Trump’s tax returns. The Ways and Means Committee sued to force the disclosure of Trump’s tax returns in 2019, but …

Trump’s lawyers seek to block House committees from obtaining tax returns
3 years, 5 months ago

Trump’s lawyers seek to block House committees from obtaining tax returns

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Former President Donald Trump is fighting a request by the …

Trump challenges Justice Dept order on long-sought tax returns
3 years, 5 months ago

Trump challenges Justice Dept order on long-sought tax returns

Al Jazeera  

The department had ordered the IRS to give Trump’s tax returns to a House of Representatives committee. Former United States President Donald Trump has lodged a legal challenge to a Justice Department order that his long-sought tax returns be turned over to a House of Representatives committee. In a filing in federal court in the District of Columbia on Wednesday, …

Trump Calls The Fight To Get Tax Returns A Political Attempt To Retaliate Against Him
3 years, 5 months ago

Trump Calls The Fight To Get Tax Returns A Political Attempt To Retaliate Against Him

NPR  

Trump Calls The Fight To Get Tax Returns A Political Attempt To Retaliate Against Him Enlarge this image toggle caption Michael M. Santiago/Getty Images Michael M. Santiago/Getty Images Former President Donald Trump is trying to stop his tax returns from being released to Democrats in Congress. In a motion filed in federal court Wednesday, Trump's lawyers claim the Democratic-led House …

A Justice Department Ruling Paves The Way For A House Panel To Get Trump's Taxes
3 years, 5 months ago

A Justice Department Ruling Paves The Way For A House Panel To Get Trump's Taxes

NPR  

A Justice Department Ruling Paves The Way For A House Panel To Get Trump's Taxes Enlarge this image toggle caption Win McNamee/Getty Images Win McNamee/Getty Images The Justice Department has paved the way for a House panel to get former President Donald Trump's tax returns in what could be the beginning of the end of years of delay and court …

Prosecutors digging into Trump’s tax and financial records
3 years, 10 months ago

Prosecutors digging into Trump’s tax and financial records

Al Jazeera  

Manhattan district attorney finally gets Trump tax documents, but that doesn’t mean they will become public. After a lengthy court battle, the Manhattan district attorney is in possession of Donald Trump’s tax returns and other financial records as part of a criminal investigation into the former president and his family-run Trump Organization, a spokesman for the office confirmed on Thursday. …

What NY prosecutors could learn from Trump’s tax records
3 years, 10 months ago

What NY prosecutors could learn from Trump’s tax records

Associated Press  

NEW YORK — Manhattan District Attorney Cyrus R. Vance Jr. fought for a year and a half to get access to former President Donald Trump’s tax records. Here is a look at where the tax records might be helpful, and where they might not help much, in the district attorney’s investigation: ___ MORE THAN JUST RETURNS Trump went to extraordinary …

Trump taxes, long guarded, will soon be in prosecutor’s hands
3 years, 10 months ago

Trump taxes, long guarded, will soon be in prosecutor’s hands

Hindustan Times  

Donald Trump, who managed to keep his tax returns a secret the entire time he was in the White House, is about to see them fall into the hands of a New York prosecutor looking into possible criminal charges against him. Many details of Trump’s taxes have emerged, notably in the New York Times last fall, but Vance will be …

Trump may have to face tax questions now he is no longer president
3 years, 11 months ago

Trump may have to face tax questions now he is no longer president

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. One is a massive income tax refund Trump received before entering office, according to …

Trump Must Turn Over Taxes To Prosecutors, Appeals Court Rules
4 years, 3 months ago

Trump Must Turn Over Taxes To Prosecutors, Appeals Court Rules

Huff Post  

LOADING ERROR LOADING NEW YORK — President Donald Trump’s accountant must turn over his tax records to a New York state prosecutor, an appeals court ruled Wednesday in a decision that likely sets up a second trip to the U.S. Supreme Court over the issue. Circuit Court of Appeals in Manhattan said in a written decision that a stay of …

DA seeking Trump’s taxes cites ‘mountain’ of allegations
4 years, 3 months ago

DA seeking Trump’s taxes cites ‘mountain’ of allegations

Associated Press  

NEW YORK — The Manhattan district attorney’s office told a federal appeals court Monday that its quest to gain access to President Donald Trump’s tax returns is supported by “a mountainous record” of public allegations of misconduct. The president and Manhattan District Attorney Cyrus Vance Jr. have been battling for more than a year over a subpoena sent to Trump’s …

No peeking, voters: Court keeps Trump taxes private for now
4 years, 6 months ago

No peeking, voters: Court keeps Trump taxes private for now

Associated Press  

WASHINGTON — Rejecting President Donald Trump’s complaints that he’s being harassed, the Supreme Court ruled Thursday in favor of a New York prosecutor’s demands for the billionaire president’s tax records. Trump’s two high court appointees, Justices Neil Gorsuch and Brett Kavanaugh, joined the majority in both cases along with Chief Justice John Roberts and the four liberal justices. Promising to …

You Won't See Trump's Taxes Before Election Day, But He Could Face Bigger Problems
4 years, 6 months ago

You Won't See Trump's Taxes Before Election Day, But He Could Face Bigger Problems

NPR  

You Won't See Trump's Taxes Before Election Day, But He Could Face Bigger Problems Enlarge this image toggle caption Chip Somodevilla/Getty Images Chip Somodevilla/Getty Images Supreme Court cases are complicated, and their implications can be muddy. The other case involves a New York grand jury that is seeking Trump's financial records, including his taxes, from third parties, like banks and …

'I can't use TurboTax!' Bloomberg says he WILL publish 'thousands of pages' of tax returns
4 years, 10 months ago

'I can't use TurboTax!' Bloomberg says he WILL publish 'thousands of pages' of tax returns

Daily Mail  

Mike Bloomberg said he will release his tax returns - it's just taking a long time thanks to his tremendous wealth, which he also told a crowd of Democratic voters that he deserves. With Bernie Sanders leading the charge, the Democratic presidential hopefuls took on Bloomberg during his debate debut, especially over his enormous wealth, with the Vermont senator charging …

Supreme Court to decide whether Trump’s tax returns must be released to House
5 years, 1 month ago

Supreme Court to decide whether Trump’s tax returns must be released to House

LA Times  

The Supreme Court stepped into the midst of a major clash between Congress and President Trump on Friday, saying it will consider three cases in which Trump argues the Constitution gives him sweeping immunity to shield his tax returns and business records from being released to House Democrats or prosecutors. If the justices uphold the subpoenas — two from House …

What To Look For In President Trump's Tax Returns — If We Ever See Them
5 years, 3 months ago

What To Look For In President Trump's Tax Returns — If We Ever See Them

NPR  

What To Look For In President Trump's Tax Returns — If We Ever See Them Enlarge this image toggle caption Evan Vucci/AP Evan Vucci/AP President Trump has won at least a temporary reprieve from a judge's order to release his tax records as part of a criminal investigation into his business dealings. "If your goal with Donald Trump's tax return …

President Trump Doesn't Need To Release His Tax Returns — For Now
5 years, 3 months ago

President Trump Doesn't Need To Release His Tax Returns — For Now

NPR  

President Trump Doesn't Need To Release His Tax Returns — For Now Enlarge this image toggle caption Evan Vucci/AP Evan Vucci/AP Updated at 10:59 a.m. ET A federal appeals court has granted President Trump a temporary stay of decision, and he will not have to turn over his tax returns to the Manhattan district attorney. Earlier on Monday, a federal …

AP source: New York prosecutors subpoena Trump’s tax returns
5 years, 3 months ago

AP source: New York prosecutors subpoena Trump’s tax returns

Associated Press  

NEW YORK — New York City prosecutors have subpoenaed President Donald Trump’s tax returns, a person familiar with the matter told The Associated Press on Monday. Manhattan District Attorney’s Cyrus Vance Jr.'s office recently sent a subpoena to Trump’s accounting firm seeking the last eight years of state and federal tax returns for Trump and his company, the Trump Organization, …

Democrats Insist They Haven't Been Wasting Time On Trump's Tax Returns
5 years, 4 months ago

Democrats Insist They Haven't Been Wasting Time On Trump's Tax Returns

Huff Post  

LOADING ERROR LOADING Congressional Democrats didn’t sue the administration for copies of President Donald Trump’s tax returns as quickly as they could have, but they insist they haven’t been wasting time. According to a filing last week from the Justice Department and the president’s personal lawyers, the committee “showed no urgency” and offered “little to no explanation for its leisurely …

Democrats cite Richard Nixon in effort to obtain Donald Trump's tax returns
5 years, 5 months ago

Democrats cite Richard Nixon in effort to obtain Donald Trump's tax returns

Salon  

House Democrats released historical documents Thursday showing their attempt to obtain President Donald Trump's tax returns has precedent. According to a statement from committee chairman Richard Neal, D-Mass., the House Ways and Means Committee voted to publish documents from the early 1970s showing how when members of the Joint Committee on Taxation used their authority to request President Richard Nixon's …

Trump sues House panel, NY to protect state tax returns
5 years, 5 months ago

Trump sues House panel, NY to protect state tax returns

Associated Press  

NEW YORK — Opening up another legal front against the Democrats investigating him, President Donald Trump on Tuesday sued the House Ways and Means Committee and New York state officials to prevent his state tax returns from being turned over to the congressional committee. The lawsuit seeks an injunction to block the application of a new New York state law …

Democrat Criticized For Stalling On Trump’s Tax Returns Picks Up Primary Challenger
5 years, 5 months ago

Democrat Criticized For Stalling On Trump’s Tax Returns Picks Up Primary Challenger

Huff Post  

Rep. Richard Neal, head of the House Ways and Means Committee, raises a significant chunk of his campaign money from corporate political action committees. Tom Williams/Getty Images A progressive mayor announced a primary bid to unseat Rep. Richard Neal, the House Ways and Means Committee chairman whose coziness with corporations and glacial pursuit of President Donald Trump’s tax returns has …

GOP scoffs at law allowing release of Trump’s state taxes
5 years, 6 months ago

GOP scoffs at law allowing release of Trump’s state taxes

Associated Press  

ALBANY, N.Y. — President Donald Trump’s New York tax returns could be given to Congress under a new law in his home state that was signed Monday by the Democratic governor and dismissed by Republicans as a partisan game that wouldn’t stand up in court. And it’s unclear whether Congress will request access to Trump’s state returns, which tax experts …

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