IRS

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

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WASHINGTON — Treasury Secretary Scott Bessent refused to say Wednesday whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies. “There’s continuing litigation, and I’m unable to comment on ongoing litigation,” Bessent told … Read more

Judge Reopens Trump’s Lawsuit Demanding $10 Billion From IRS

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A federal judge in Miami made a striking turnabout on Friday, reopening President Trump’s $10 billion case against the I.R.S. and saying that she wanted to investigate “grievous allegations” that the hasty deal to resolve it was “premised on deception.” The ruling by the judge, Kathleen M. Williams, was a significant blow both to Mr. … Read more

No tax charges filed in Southern Poverty Law Center probe, after IRS lawyers determined informant program legally structured, sources say

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Federal agents previously investigated the Southern Poverty Law Center’s paid informant program for possible tax crimes, but the probe failed to yield any charges after Internal Revenue Service lawyers determined it was legally structured, sources familiar with the matter told CBS News. Agents from IRS Criminal Investigation in 2019 and 2020 homed in on shell … Read more

IRS barred from probing claims against Trump, his company or sons after DOJ settlement

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A one-page addendum to a Justice Department settlement, signed by Acting Attorney General Todd Blanche, stipulates that the Internal Revenue Service is barred from pursuing claims against President Trump, his company or his sons based on prior tax returns. Joe Garrison, a White House correspondent for USA Today, joins CBS News with more details. Source … Read more

DOJ’s Trump-IRS settlement bans IRS from taking action against Trump over old tax returns

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The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement agreement that the Justice Department struck to resolve a lawsuit brought by Mr. Trump. CBS News Department of Justice reporter Jake Rosen has the details. Source link

DOJ bars IRS from auditing Trump’s prior tax returns in settlement order signed by Blanche

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NEWYou can now listen to Fox News articles! Acting Attorney General Todd Blanche signed an order Tuesday barring the Internal Revenue Service (IRS) from examining President Donald Trump’s prior tax returns and blocking the agency from pursuing pending claims against Trump, his family or his businesses. The order stems from a settlement agreement in Trump … Read more

DOJ’s settlement with Trump bans IRS from taking action against him over old tax returns

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The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement agreement that the Justice Department struck to resolve a lawsuit brought by Mr. Trump.  In a one-page document signed by Attorney General Todd Blanche and dated Tuesday, the Justice … Read more

Justice Department agrees not to pursue any tax claims against Trump as part of IRS deal

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Acting Attorney General Todd Blanche signed an agreement Tuesday declaring the federal government will not seek any sort of audit or payment from the president, his family members and companies as part of Donald Trump’s settlement agreement with the Internal Revenue Service. Subscribe to read this story ad-free Get unlimited access to ad-free articles and … Read more