Articles for Trump Irs

Trump IRS pick aggressively pushed tax credit that became 'magnet for fraud': NYT
2 weeks, 1 day ago

Trump IRS pick aggressively pushed tax credit that became 'magnet for fraud': NYT

Raw Story  

Revelations that President-elect Donald Trump’s pick to lead the Internal Revenue Service aggressively promoted an often misused pandemic-era tax credit, which is raising new questions about his motives for the position. Senate Democrats preparing to grill former U.S. Rep. Billy Long of Missouri – who Trump named as his nominee to serve as the commissioner of the IRS – have …

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IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Trending News
3 weeks, 6 days ago

IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power

Associated Press  

WASHINGTON — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation’s tax collector received a massive glut of funding through Democrats’ flagship tax, climate and health law in 2022. On a call with reporters to preview the announcement, IRS Commissioner Danny Werfel said improvements …

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Donald Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower: report
7 months, 4 weeks ago

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

The Hindu  

Former U.S. 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. Mr. Trump’s presidential campaign provided a statement in son Eric …

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Mark Cuban reveals $288m tax payment to IRS, netizens spot jab at Trump as billionaire calls out ‘former president’
8 months, 3 weeks ago

Mark Cuban reveals $288m tax payment to IRS, netizens spot jab at Trump as billionaire calls out ‘former president’

Hindustan Times  

Mark Cuban is “proud” to pay his taxes. Billionaire entrepreneur Mark Cuban seemingly takes a swipe at Donald Trump as Shark Tank star reveals how much he pays in taxes to the IRS Billionaire Mark Cuban seemingly takes a jab at Donald Trump “I pay what I owe. Tomorrow I will wire transfer to the IRS $288,000,000.00 This country has …

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IRS is called to look into nonprofit for Jan. 6 rioters
11 months, 3 weeks ago

IRS is called to look into nonprofit for Jan. 6 rioters

NPR  

IRS is called to look into nonprofit for Jan. 6 rioters Democratic Congress members are calling for the IRS to scrutinize a nonprofit that supports defendants charged in the Jan. 6, 2021, attack on the U.S. Capitol and has close ties to the Trump campaign. As NPR's Tom Dreisbach reports, members of Congress are calling for the IRS to take …

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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 …

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