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WASHINGTON, May 19 (Reuters) - The U.S. Justice ​Department has "forever barred" the Internal Revenue Service ⁠from pursuing any audits into past ​tax claims for President Donald Trump, his relatives ​and his companies, according to a one-page document released Tuesday.

President Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for the creation of a $1.7 billion fund to compensate allies who claim they were wrongfully targeted by the Biden administration, sources familiar with the matter told ABC News. The commission overseeing the compensation fund would have the total authority to hand out approximately $1.7 billion in taxpayer funds to settle claims brought by anyone who alleges they were harmed by the Biden administration's "weaponization" of the legal system, including the nearly 1,600 individuals charged in connection with the Jan. 6 Capitol...

<p>The CIA then failed to comply with the DNI DIG’s oversight investigation, refusing to provide necessary information for investigators to understand why analytical standards at the CIA were violated. The CIA also illegally spied on the computer and phones belonging to DIG personnel, along with their investigations and contact with whistleblowers, Erdman alleges.</p>

Requiring the disclosure of fiscal sponsorships is key. On April 23, the US Treasury Department announced that the IRS plans to revise Form 990—the annual information return filed by tax-exempt organizations—to improve transparency and strengthen oversight, specifically targeting reporting on government contracts, government grants, and fiscal sponsorship arrangements. The stated goals are to detect misconduct and hold wrongdoers accountable. Treasury Secretary Scott Bessent put the matter bluntly: “We are ending the days of hiding fraud, abuse, and extremist activity behind complicated nonprofit arrangements. When bad actors misuse charitable structures, directors and officers should understand that transparency can lead to scrutiny,...

The Task Force to Eradicate Anti-Christian Bias concluded that the Biden administration targeted conservative Christian churches for alleged nonprofit violations while ignoring liberal ones. A new report released Thursday by the Task Force to Eradicate Anti-Christian Bias reveals what investigators describe as a "stark contrast" and a systemic double standard in how the Biden Internal Revenue Service policed American churches. “The Biden IRS … [opened] multiple investigations into Christian churches focused on the content of their sermons. The IRS asked these churches for detailed information about their operations, not just about the alleged violations,” the task force wrote. “But during...

This is a MASSIVE move by Scott Bessent. The Treasury Department has said the IRS will be revising the Form 990 used by NGOs in an effort to uncover fraud and hidden sources of funding. I’ve gone through hundreds of 990 forms. The way they’re set up right now, they do not have to disclose who their donors are. Perfect example is GLSEN. They have two anonymous donors that give them millions and millions of dollars and they don’t have to disclose who they are. Keep in mind that the people running GLSEN are trans activists. I imagine that if...

As the April 15 tax deadline approaches, a quiet but significant shift is taking place across the United States tax system. Fewer audits. Fewer enforcement agents. And a growing perception among some taxpayers that the odds of getting caught have dropped. At the center of it all is the Internal Revenue Service, which is undergoing a major transformation under the administration of Donald Trump. The agency has lost tens of thousands of workers and is facing further proposed cuts, raising serious questions about tax compliance, federal revenue, and what it all means for investors.A Shrinking IRS WorkforceThe IRS is significantly...

Nobody really budgets for a financial car crash in April. But that’s exactly what millions of Americans are dealing with this year. Instead of the refund they were counting on to finally pay off Christmas gifts or fund a summer trip, tax season 2026 is handing them a bill. And for a lot of people, it’s not a small one. It’s the kind of bill that makes you want to throw your laptop out a window. The reasons aren’t actually that complicated – the government practically set a trap for anyone with a side hustle. Between confusing tax law changes,...

This thread is about EO 14247. I just got my tax returns back and I am told that all of my 2026 estimated taxes for Federal and State must be electronic. That is, they must be sucked out of an account by ACH transfer. No more mailing of checks. However, the government will graciously accept my mailed in check for what is due on the return itself. I checked with CoPilot, and it said that EO 14247 of March 25, 2025 mandates that all payments to the Federal Government (including estimated taxes) must be electronic via a portal (IRS.Gov/Payments, I...

Is it finally lights out for the Council on American-Islamic Relations? Rep. Jason Smith (R-MO), chairman of the Ways and Means Committee, has sent a letter to the Treasury Department and IRS calling for scrutiny of the tax-exempt status of the Council on American-Islamic Relations (CAIR) and its California chapter—citing evidence of prohibited election interference that I detailed in May 2024. Rep. Smith’s letter primarily focuses on the California chapter of CAIR, which was accused of improperly applying for and spending $7.2 million in federal taxpayer money granted by the state of California. However, the letter also draws attention to...

The United States Court of Appeals for the District of Columbia has ruled that the Internal Revenue Service (IRS) can share tax information with the Department of Homeland Security (DHS) to aid immigration enforcement efforts. The unanimous decision struck down the plaintiffs' request for a preliminary injunction, which attempted to block the IRS from providing addresses of suspected criminal illegal immigrants to Immigration and Customs Enforcement (ICE). The three-judge panel, comprised of Chief Judge Sri Srinivasan, Senior Circuit Judge Harry Edwards, and Circuit Judge Patricia Millet, ruled on Tuesday that the appellants "are unlikely to succeed on the merits of...

🚨 HOLY SMOKES. President Trump and his sons are suing the IRS and Treasury for $10 BILLION DOLLARS over the leaking of his tax records YES! It's time for everybody who wronged President Trump to FAFO, INCLUDING the IRS. 🔥🔥 “The IRS wrongly allowed a rogue, politically-motivated employee to leak private and confidential information about President Trump, his family, and the Trump Organization to the New York Times, ProPublica and other left-wing news outlets, which was then illegally released to millions of people.”

For many Americans, charitable giving peaks in December. It is driven by holiday generosity, end-of-year reflection, and for some, last-minute tax planning. But a quiet change in the tax code is about to reshape how millions of taxpayers should think about charitable donations. Timing now matters more than ever. Starting in tax year 2026, Americans who do not itemize deductions will once again be able to deduct charitable donations. This time, the benefit is permanent and more generous than before. For the roughly 90 percent of filers who typically take the standard deduction, waiting until January instead of donating in...

Recently appointed Chief Executive Officer of the federal Internal Revenue Service (IRS) Frank Bisignano predicted that "94% of taxpayers will see tax reductions from President Trump's 'Big Beautiful Bill' legislation. Many families will receive annual income tax reductions in the $10,000 to $20,000 range. Social Security recipients will see annual net increases in benefits ranging up to $6,000 due to the legislation's elimination of taxes on benefits." Sen. Bernie Sanders (I-Vt) called these tax reductions "inherently unfair. Only the richest 50% of Americans pay income taxes. Those too poor to pay these taxes and those on welfare will get no...

The first CEO of the Internal Revenue Service is reinforcing signals from the Trump administration that Americans could see the "biggest tax refund ever" in the new year. "We should expect exactly what the president said, as always happens," Frank Bisignano – also the commissioner at the Social Security Administration – said on "Mornings with Maria" Tuesday. "And the great leadership of the Treasury secretary has positioned us to be able to deliver in a whole bunch of ways for America." Bisignano confirmed that major tax refunds are expected in 2026, echoing President Donald Trump’s end-of-year address last week in...

A federal judge on Friday blocked the IRS from giving ICE the home addresses of taxpayers who might be undocumented immigrants — dealing a blow to the Trump administration’s mass deportation efforts. The ruling is a significant victory for immigrant-rights group and liberal activists who are trying to resist the mass deportations that President Donald Trump has made a top priority for the first year of his second term. The Trump administration can appeal the decision, and it has a decent track record this year of overturning lower-court losses. A separate federal judge in a related case previously declined to...

The U.S. Internal Revenue Service has filed two liens on claims of unpaid taxes by Senator Jim Justice and his wife Cathy, adding up to more than $8 million. The filings were first reported by Politico’s Ry Rivard. MetroNews reached out to Justice through his Senate office and through the communications team at The Greenbrier Resort, owned by the Justice family, but received no response. The full amount claimed by the IRS across two filings is $8,053,554.37, and the sums go back years. $3,060,855.27 is listed for the tax year 2009. $4,957,763.72 for 2017. $24,044.80 for tax year 2017. And...

The far-left extremists at the Southern Poverty Law Center already have seen the FBI announce it is cutting all ties with them. And a petition is demanding that the Department of Justice take the same step. Now a complaint has been filed with federal authorities calling for a full review of the SPLC’s status as a “charitable” organization that gives it huge tax breaks. According to the Federalist, the Center to Advance Security in America has submitted a legal complaint asking for the full review because of the SPLC’s “hyper-partisan political activity.” In fact, the complaint calls for the organization’s...

The IRS has unveiled higher federal tax brackets for 2026 to adjust for inflation. The standard deduction will increase to $32,200 for married couples filing together and $16,100 for single taxpayers. There are also changes to the long-term capital gains brackets, estate tax exemption, child tax credit eligibility and more. The IRS announcements come a day after the agency said it would furlough nearly half its workforce due to the ongoing government shutdown.

A top aide and confidante to former Obama official Lois Lerner who targeted conservatives and conservative groups was fired by the Internal Revenue Service, Fox News Digital has learned. Sources told Fox News Digital that Holly Paz, who served as the IRS Commissioner of Large Business and International Division, was terminated Monday. Paz was placed on administrative leave last month and was subsequently fired following an internal review, sources say.