All articles tagged with #irs
Thirty-five former federal judges asked Judge Kathleen Williams to reopen or reconsider Trump’s $10 billion case against the IRS to investigate whether fraud occurred and whether the settlement was improper, arguing the court was deceived; Williams had dismissed the suit with prejudice after Trump and the Trump Organization dropped it amid a DOJ settlement and related disclosures.
Experts question the idea that President Trump could be immune from IRS audits, warning that such a notion would undermine trust in the tax system and raise concerns about the IRS's independence and accountability, even as the discussion highlights broader political implications for tax enforcement.
Under a DOJ settlement with Donald Trump over leaked tax returns, a one‑page addendum permanently bars the IRS from pursuing audits of Trump, his family, and their businesses for filings made before May 19, 2026, and the DOJ says it applies only to existing audits, not future ones; critics say the move illegally interferes with IRS investigations, while the deal also creates a $1.776 billion Anti-Weaponization Fund that has drawn political backlash.
President Donald Trump says he may release his tax returns after an IRS deal, though no date is set, as he returns from Coast Guard Academy remarks and the situation remains fluid.
A Justice Department settlement bars the IRS from auditing Donald Trump, his family, and related entities, permanently blocking audits of any matters currently pending and extending protections to future examinations under a broad “lawfare” provision—a move that shocks tax pros and could spark renewed Democratic oversight battles as Republicans weigh their response.
The U.S. Department of Justice issued a one-page directive, signed by acting Attorney General Todd Blanche, declaring that Donald Trump, his family, and their businesses are forever barred from prosecuting or pursuing any tax claims, including current or potential audits, as part of a settlement over a $10 billion IRS information-leak case; the ruling is linked to the creation of an 'Anti-Weaponization Fund' overseen by a five-member commission (four appointed by Blanche), a move that drew strong criticism from Democrats and ethics experts who question its constitutionality and impartiality.
An addendum to a $1.8 billion DOJ settlement shields Trump, his family, the Trump Organization and related entities’ federal tax returns from IRS enforcement, applying to filings before the settlement’s effective date; the fund—designated to compensate alleged victims of law-enforcement actions—has drawn fire from Democrats who say it violates federal law prohibiting executive interference with IRS audits, while supporters say the fund serves legitimate purposes and the Trumps dropped related claims in exchange for the financing.
The Justice Department expanded its settlement over the leaking of Trump’s tax returns to include a sweeping waiver that bars the IRS from examining Trump, related individuals, and affiliated entities for taxes filed before the settlement’s effective date, a move signed by Acting Attorney General Todd Blanche but not by the IRS or Trump’s lawyers; the nine-page agreement had established a nearly $1.8 billion fund for victims of alleged weaponization of law enforcement and did not resolve Trump’s tax disputes, prompting questions about signing authority and scope.
The Justice Department announced a $1.7 billion fund to compensate Trump allies who say they were mistreated by the Biden administration, as part of a settlement of Trump's lawsuit against the IRS over leaked tax returns; the move drew criticism from Democrats and watchdogs who warned it could enrich supporters and fuel claims of politicization.
Trump’s administration announced a $1.776 billion DOJ fund to compensate those who say they were harmed by what officials call weaponization and lawfare, following Trump’s withdrawal of a $10 billion lawsuit against the IRS. The live updates also cover Pete Hegseth campaigning for a Trump-backed Kentucky candidate, TrumpRx expanding its generic-drug offerings, renewed Iran-war tensions with pauses urged by Gulf leaders, and the EPA rolling back some PFAS drinking-water limits, among other ongoing policy moves.
Trump agrees to drop the family’s lawsuit against the IRS as part of a settlement that creates a nearly $1.8 billion “Anti-Weaponization Fund” to compensate people who allege a weaponized justice system. The fund excludes Trump and his family from payments, but would distribute funds to others with quarterly reporting and audits; the deal also resolves two other claims—the Mar-a-Lago search and the 2016 Russian interference investigation. Legal experts warn the arrangement could pose conflicts of interest or self-dealing, given DOJ oversight and presidential influence over the agency, and questions remain about transparency and how payments would be disclosed.
Former President Donald Trump filed a motion to dismiss a $10 billion lawsuit against the Internal Revenue Service, arguing the claims lack merit and should be dismissed.
Donald Trump and his allies moved to voluntarily dismiss a $10 billion lawsuit against the IRS over leaked tax returns, a move that comes as a judge questioned the case’s controversy and experts raised questions about governance and potential conflicts surrounding a president-controlled agency.
President Trump moved to dismiss his $10 billion lawsuit against the IRS over leaked tax returns as reports emerged of a plan to launch a Treasury-funded compensation fund for allies, including January 6 defendants; the development unfolds amid other U.S. political stories such as US-China talks on Iran and Taiwan arms sales, Kentucky GOP dynamics, and redistricting debates in South Carolina.
Donald Trump, his two eldest sons, and The Trump Organization dropped a $10 billion civil suit against the IRS in a Miami court with prejudice, blocking further judicial review. The move comes as reports emerged that the DOJ was negotiating a $1.7 billion settlement to fund allies claiming mistreatment by the Biden administration, and occurred ahead of a court deadline to confirm whether a live case exists.