Keyword: irs
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A federal appeals court is affirming a five-year prison sentence for Charles Littlejohn, a consultant to the IRS who leaked President Trump’s tax return information to the New York Times and tax information about thousands of the richest Americans including Elon Musk, Jeff Bezos, and Warren Buffett to ProPublica. The 16-page opinion by a three-judge panel—Justin Walker, Neomi Rao, and Judith Rogers—found that the sentence was reasonable. It offers a scathing narrative of Littlejohn’s behavior. At this writing, the decision hasn’t been reported in either the New York Times or ProPublica, which describes itself as "a nonprofit, investigative newsroom that...
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A Florida federal judge in a scathing order Monday said President Donald Trump filed a $10 billion lawsuit against the Internal Revenue Service “for an improper purpose” — to gain the appearance of “judicial legitimacy for a ‘settlement’ that had no viable basis in law or fact.” That controversial out-of-court settlement with the IRS and Department of Justice in May briefly led the DOJ to create a since-abandoned $1.8 billion “lawfare” fund to compensate purported victims of prosecutorial overreach by the department. It also led to Trump, his family members and related business entities being granted effective immunity from audits,...
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A federal judge on Monday nullified an agreement the government reached with Donald Trump and his sons over the leak of his tax returns. The judge lambasted the government and president’s lawyers for using the judicial process to try to concoct a beneficial arrangement for the president. The ruling from US district judge Kathleen Williams in the southern district of Florida blocks a widely criticized arrangement the government and the president’s attorneys reached earlier this year to resolve a $10bn lawsuit by Trump and his sons over the leak of the president’s tax returns. The government never responded to the...
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An investigation by the House Oversight and Accountability Committee has found that 571,000 federal employees and retirees have failed to pay their share of income taxes, depriving the U.S. Treasury of more than $6.3 billion in revenues. The number of tax scofflaws working for Uncle Sam is continuing to surge, with tax debt among federal workers growing 32% since 2021. And the number of current and former government employees who aren’t paying taxes has increased by 43% in three years, according to House Rep. James Comer, R-Ky., who serves as chairman of the House Committee on Oversight and Government Reform....
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Frank Bisignano wants to run the Internal Revenue Service like an efficient private company – and this week he hired Jamie Dimon’s private banker to help him do just that, On The Money has learned. Vince La Padula has spent the past 23 years at JPMorgan running something called the “workplace solutions” business in the big bank’s wealth management arm. Now, he’s joining Uncle Sam’s tax collection agency as Bisignano’s No. 2. La Padula’s resume includes stints in New York City government under Rudy Giuliani and Mike Bloomberg. At JPM, he was also the bank’s point man on Ukraine and...
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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.
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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...
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<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>
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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,...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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🚨 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.”
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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...
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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...
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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...
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