Democrats in Congress released thousands of pages of former President Donald Trump’s tax returns Friday, providing the most detailed picture to date of his finances over a six-year period, including his time in the White House, when he fought to keep the information private […]
WASHINGTON — The Democratic-controlled House Ways and Means Committee voted along party lines on Tuesday to make parts of Donald Trump’s tax returns public, a move that could provide new insight into the finances of a former president who broke […]
WASHINGTON — The Democratic-controlled House Ways and Means Committee met Tuesday to vote on whether to publicly release years of Donald Trump’s tax returns, which the former president has long tried to shield. Committee Chairman Richard Neal, D-Mass., has kept a […]
WASHINGTON — The Supreme Court on Tuesday cleared the way for the imminent handover of former President Donald Trump’s tax returns to a congressional committee after a three-year legal fight. The court, with no noted dissents, rejected Trump’s plea for an […]
WASHINGTON — Chief Justice John Roberts on Tuesday put a temporary hold on the handover of former President Donald Trump’s tax returns to a congressional committee. Roberts’ order gives the Supreme Court time to weigh the legal issues in Trump’s emergency […]
WASHINGTON— Former President Donald Trump is going to the Supreme Court, again, this time to try to stop his tax returns from being handed to a congressional committee. In an emergency appeal filed Monday, Trump wants the court to order […]
Republican politicians and candidates are distorting how a major economic bill passed over the weekend by the Senate would reform the IRS and affect taxes for the middle class. The “ Inflation Reduction Act,” which awaits a House vote after passing in the Senate on […]
WASHINGTON — The IRS commissioner has asked the Treasury Department’s internal watchdog to immediately review the circumstances surrounding intensive tax audits that targeted ex-FBI Director James Comey and former Deputy Director Andrew McCabe, frequent targets of Donald Trump’s ire during his presidency. IRS spokesperson Jodie Reynolds said Thursday […]
WASHINGTON — The Justice Department, in a reversal, says the Treasury Department must provide the House Ways and Means Committee former President Donald Trump’s tax returns, apparently ending a long legal showdown over the records. In a memo dated Friday, […]
President Joe Biden is trying to break a logjam with Republicans on how to pay for infrastructure improvements, proposing a 15% minimum tax on corporations and the possibility of revenues from increased IRS enforcement as a possible compromise. The offer […]
ATLANTA — For Asian Americans, 2020 was a year of political success and newfound influence. But it was also a time of vulnerability to racist assaults. That painful dichotomy is on display Friday as President Joe Biden and Vice President […]
WASHINGTON — The Treasury Department says it has sent out 90 million economic impact payments totaling $242 billion since President Joe Biden signed a $1.9 trillion pandemic relief plan last week. The bulk of those payments were made by the […]
NEW YORK — A New York prosecutor has obtained copies of Donald Trump’s tax records after the Supreme Court this week rejected the former president’s last-ditch effort to prevent them from being handed over. The Manhattan district attorney’s office enforced […]
WASHINGTON — In a significant defeat for former President Donald Trump, the Supreme Court on Monday declined to step in to halt the turnover of his tax records to a New York state prosecutor. The court’s action is the apparent […]
Federal prosecutors reached out to Hunter Biden’s attorneys on Tuesday, the person said. Investigators did not reach out in the weeks prior because of a Justice Department policy surrounding elections that prohibits overt investigative acts. “I take this matter very […]
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 […]
WASHINGTON — The Latest on the 2020 presidential election (all times local): 2:15 p.m. Democratic presidential nominee Joe Biden and his wife, Jill Biden, have released more of their personal tax returns ahead of the first presidential debate. The Bidens’ […]
WASHINGTON — Revelations that President Donald Trump is personally liable for more than $400 million in debt are casting a shadow that ethics experts say raises national security concerns he could be manipulated to sway U.S. policy by organizations or […]
WASHINGTON — The tax-avoidance strategies that President Donald Trump capitalized on to shrink his tax bill to essentially zero are surprisingly common among major real estate developers and other uber-wealthy Americans. Yet Trump characteristically pushed those strategies to the limit, […]
WASHINGTON — The bombshell revelations that President Donald Trump paid just $750 in federal income taxes the year he ran for office and paid no income taxes at all in many others threaten to undercut a pillar of his appeal among […]
President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report Sunday in The New York Times. Trump, who has fiercely guarded […]
BALTIMORE — President Donald Trump’s proposed payroll tax cut is a threat to Social Security no matter how he casts it. During a news conference Wednesday, he insisted he could eliminate the tax if he were reelected, and do it […]
NEW YORK — A Manhattan prosecutor trying to get President Donald Trump’s tax returns told a judge Monday that he was justified in demanding them, citing public reports of “extensive and protracted criminal conduct at the Trump Organization.” Trump’s lawyers […]
NEW YORK — President Donald Trump’s lawyers filed fresh arguments Monday to try to block a criminal subpoena for his tax records, calling it a harassment of the president. Lawyers filed a rewritten lawsuit in Manhattan federal court to challenge […]
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