Keyword: trumpirs
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A former IRS contractor who leaked a slew of confidential tax records filed by the wealthiest Americans, including those of President Donald Trump, was sentenced Monday to the maximum of five years in prison. Charles Littlejohn pleaded guilty last year to one count of unauthorized disclosure of income tax returns. Littlejohn, 38, admitted that he leaked Trump’s confidential tax information to the New York Times in 2019 and then replicated his work the next year, filtering the tax returns and financial data of thousands of wealthy Americans to ProPublica.
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The IRS said over the weekend it has started sending coronavirus stimulus payment to eligible Americans who have direct deposit. “#IRS deposited the first Economic Impact Payments into taxpayers’ bank accounts today,” the IRS announced in a tweet Saturday. “We know many people are anxious to get their payments; we’ll continue issuing them as fast as we can.” The payments are part of the $2.2 trillion package passed by Congress at the end of March intended to help workers who have been laid off or furloughed and to give businesses a financial boost to offset the dire economic effects caused...
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WASHINGTON — The Internal Revenue Service has no choice but to honor congressional requests for President Trump’s tax returns unless he invokes executive privilege to protect them, according to a draft legal memo written by agency staff members. The memo appears to undercut the reasoning offered by Treasury Secretary Steven Mnuchin, who has refused to comply with Democrats’ requests because they lack a “legitimate legislative purpose.” Mr. Mnuchin said he made his decision after consulting with lawyers from the Treasury Department, the I.R.S. and the Justice Department. But the I.R.S. memo says the Treasury secretary does not have the authority...
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Rettig will take over from Trump Treasury official David Kautter, who has been running the IRS on an interim basis since the departure last fall of John Koskinen, an Obama appointee who was despised by Republicans. In confirmation hearings, Rettig said that his overriding goal would be to restore confidence in the IRS, which has for years been the objection of conservative suspicion and faced significant budget cuts. Rettig will be tasked with implementing the new tax law passed by Republicans and signed into law by Trump in December. The IRS was afforded a modest increase in funding this spring...
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IRS officials provide new details on enforcement of law Congress passed in late 2015 At least 362,000 Americans with overdue tax debts will be denied new or renewed passports if they don’t settle these debts, the Internal Revenue Service says. Recently IRS officials have provided new details on the enforcement of a law Congress passed in late 2015. It requires the IRS and State Department to deny passports or revoke them for taxpayers who have more than $51,000 of overdue tax debt. Enforcement began in February. An IRS spokesman says the 362,000 people are current tax debtors who are affected...
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President Trump made it official on Thursday that embattled IRS Commissioner John Koskinen will be out of a job next month. Trump tapped David Kautter, the Treasury Department’s assistant secretary for tax policy, to serve as interim IRS commissioner, beginning Nov. 13. Koskinen’s term ends on Nov. 12. He was eligible for reappointment, but Koskinen is fiercely opposed by congressional Republicans. Members of the House Freedom Caucus attempted but failed to impeach Koskinen last year, largely over his handling of the scandal involving former IRS official Lois Lerner. Prior to Koskinen’s tenure, Lerner was accused targeting conservative groups who applied...
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Agreement specifically blames Lois Lerner by name for failures The IRS admitted in court Wednesday that it wrongly targeted tea party and other conservative groups for intrusive scrutiny, placing specific blame on former senior executive Lois G. Lerner, and entered into a settlement designed to make sure that kind of political targeting never takes place again. The filing, made in federal court in Washington, D.C., amounts to a stunning apology from the Trump administration for actions taken under President Barack Obama, when hundreds of tea party and conservative groups were singled out for intrusive screening, forced to wait years for...
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The IRS says it will not accept electronic tax returns that do not disclose whether the filer had health insurance coverage during the year. It also says it will suspend paper returns that do not have the disclosure. The IRS' move, which will bolster compliance with Affordable Care Act rules, comes as the Trump administration takes other steps to undercut the law. The IRS is warning tax professionals that it will block or suspend processing of 2017 income tax returns that do not comply with Obamacare rules requiring filers to disclose their health insurance status. The new move to tighten...
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Many of the ideas that emerge from Washington are stale, unimaginative and unworkable. Not so the latest pitch from a group of conservative congressional Republicans: Eliminate the IRS. This goes beyond some kind of political revenge fantasy. It's time to consider the damage that the IRS does both to Americans' freedoms as individuals and to the costs it imposes on the economy as a whole, argue the 151 members of the Republican Study Group, an in-house conservative think tank, in their newest budget proposal. The proposal, an alternative to the House Budget Committee's official 2018 budget, comes as part of...
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