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Tax Return Leak

All articles tagged with #tax return leak

politics10 hours ago•2 min saved

Treasury official performing IRS commissioner duties, not acting, amid Trump tax-scrutiny

At a Senate Finance Committee hearing, Treasury Secretary Scott Bessent said he is performing the duties of the IRS commissioner, not acting in the role, after taking over duties in March. Democrats pressed for clarity on his authority and whether others affected by a former IRS contractor’s leaked returns would receive the same immunity tied to Trump’s settlement. The DOJ indicated a planned $1.8 billion ‘anti-weaponization’ fund would not proceed, and emphasized ongoing litigation governs protections for those taxpayers.

via CNBC|

#irs #politics #scott-bessent

business4 months ago•453 min saved

Treasury halts $21M Booz Allen contracts after Trump tax-return leak

The Treasury Department canceled $21 million in Booz Allen Hamilton contracts after a Booz Allen ex‑employee who worked with the IRS leaked President Trump’s tax returns, saying Booz Allen failed to safeguard confidential taxpayer data. Booz Allen disputed parts of the claim, noting the crimes occurred on government systems and that it stores no taxpayer data. The leak affected more than 400,000 taxpayers; the ex‑employee, Charles Littlejohn, pleaded guilty in 2023. Booz Allen’s stock fell about 10% after the announcement.

via CNN|

#booz-allen-hamilton #business #irs