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INSANE: 3 - The Real Truth

Finally Approved as House Speaker, McCarthy Aims To Cut IRS Funding

Plus: More documents showcase government pressure on social platforms, appeals court to reconsider ban on nonviolent felon gun ownership, and more...

Reason · Jan 9, 2023

Trump Tax returns' release might start tit-for-tat battle in Congress, GOP aide says

WASHINGTON — Democrats’ plans to release former President Donald Trump’s tax returns could be the start of a tit-for-tat battle using Internal Revenue Service documents to target political foes, a Republican aide said.

Tribune News Service · Dec 29, 2022

Editorial: Question remains unanswered of why the IRS failed to audit Trump's taxes

A gaping question remains to be answered following the House Ways and Means Committee’s decision to release Donald Trump’s tax returns: Why did the Internal Revenue Service fail to audit Trump’s taxes during the first two years of his presidency, as required by law? There’s a growing mountain of circumstantial…

St. Louis Post-Dispatch · Dec 28, 2022

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Editorial: Decision to release Trump's tax returns doesn't pass the smell test

Democrats on the House Ways and Means Committee were so busy patting themselves on the back after Wednesday’s partisan vote to publicly release former President Donald Trump’s tax returns that they forgot one thing: explaining why this is legally necessary or proper. The vote wasn’t an attempt to uphold the…

St. Louis Post-Dispatch · Dec 22, 2022

US House committee votes to make Trump tax returns public

The Democrat-led panel voted in a closed session to release six years of records pertaining to the former president.

Al Jazeera · Dec 21, 2022

US Supreme Court paves path to obtain Trump’s tax returns

The decision concludes a three-year legal battle over efforts to obtain the former president’s taxes.

Al Jazeera · Nov 22, 2022

IRS contractor gets more scrutiny in congressional report

House investigators say a federal contractor that provided identity verification services for the Internal Revenue Service overstated its capacity to perform its services

The Independent UK · Nov 17, 2022

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Trump seeks halt to House tax data access

Former US president Donald Trump is trying to stop his tax returns from being handed to a congressional committee.

The New Daily · Oct 31, 2022

Trump asks justices to keep tax returns from House committee

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

The Independent UK · Oct 31, 2022

The IRS is increasing the standard deductions for 2023 as inflation intensifies

The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.

WEKU · Oct 19, 2022

U.S. IRS identifies 79 tax fugitives in Mexico, neighbors

The Internal Revenue Service's Criminal Investigation unit said on Thursday it has located 79 tax evasion fugitives in Mexico, Belize, El Salvador, Guatemala and Honduras in the first year of a new extradition initiative.

Reuters · Oct 6, 2022

NY probe found potential crimes. Why isn't Trump in cuffs?

New York’s attorney general isn’t arresting former President Donald Trump even though she says her three-year investigation uncovered potential crimes in the way he ran his real estate empire

The Independent UK · Sep 22, 2022

Biden likely to nominate estate-tax expert as IRS’s top lawyer

President Joe Biden is likely to nominate Beth Kaufman, a partner at the law firm Caplin & Drysdale, to be the top lawyer at the Internal Revenue Service as the White House prepares to overhaul the agency’s leadership, according to people familiar with the matter.

Tribune News Service · Sep 15, 2022

The IRS is getting a lot more money for audits. Should you be worried?

Did a shiver go down your spine when you heard that Congress is pouring a whopping $80 billion into the Internal Revenue Service over the next 10 years to beef up the nation's tax collection system?

Los Angeles Times · Sep 15, 2022

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Reason · Sep 6, 2022

Brickbat: Too Much Information

The Internal Revenue Service posted to its website confidential information for 120,000 taxpayers with retirement accounts invested in assets like master limited partnerships and real-estate investment trusts. Those taxpayers, as well as tax-exempt nonprofits, must file 990-T forms. Only the information for the nonprofits was supposed to be posted. IRS…

WEKU · Sep 4, 2022

The IRS says it mistakenly made public data for about 120,000 taxpayers

The data — which included individual names and business contact information — was public on the IRS.gov website for about a year until an employee noticed the mistake recently.

Tribune News Service · Sep 2, 2022

IRS mistakenly published some taxpayers’ confidential data

WASHINGTON — The Internal Revenue Service mistakenly published confidential data for 120,000 taxpayers on its website before realizing the error and taking down the data, the Treasury Department said.

McClatchy Washington Bureau · Aug 29, 2022

Fact check: Will middle-class taxpayers really face an ‘army’ of IRS agents?

WASHINGTON — Look out, warn the Republicans. The Internal Revenue Service is about to unleash an army of agents eager to audit you and cost you a lot of money and aggravation.

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USAFacts · Aug 25, 2022

What are capital gains? How are they taxed?

About two-thirds of individual capital gains subject to tax are from selling corporate stock; the remainder is from property sales.

Tribune News Service · Aug 25, 2022

IRS will refund penalties to California taxpayers who filed late in early COVID years

Californians who paid their 2019 or 2020 income taxes late could be getting refunds on the amounts they paid in penalties, the Internal Revenue Service said Wednesday.

The Independent UK · Aug 23, 2022

IRS initiates safety probe after threats to workers

The Internal Revenue Service says it is conducting a comprehensive review of safety at its facilities

Tribune News Service · Aug 20, 2022

Clive Crook: Want a better IRS? Simplify the tax code

One of the most conspicuous parts of the tax-and-spending package known as the Inflation Reduction Act is vastly expanded funding for the Internal Revenue Service. The promised flood of cash — an additional $80 billion over 10 years, compared with baseline annual spending of around $15 billion — raises some…

The Guardian - US · Aug 19, 2022

Armed ... auditors? The IRS becomes the latest target of GOP misinformation

Some Republicans have spread false information about how new funds will be used by IRS, stoking outrage and alarming experts

WEKU · Aug 14, 2022

The IRS just got $80 billion to beef up. A big goal? Going after rich tax dodgers

The big climate and health care bill passed by the House Friday includes billions in new funding for the IRS over the next decade. Most of that money is aimed at catching wealthy tax cheats.

Reason · Aug 12, 2022

Don't Believe the White House's Promises About Who the New IRS Will Audit

Media "fact-checkers" are taking administration promises at face value and using them to bludgeon Republicans.

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