tax returns

When the pandemic struck last March, IRS employees, like many individuals around the nation, were also sent home, and the large workforce was not readily able to process returns remotely. 1040s soon piled up, creating a backlog that delayed the processing of millions of tax returns. The IRS announced recently that it is opening mail within normal timeframes and has…

It’s a busy week for President Donald Trump after the New York Times published details on his tax returns spanning more than a decade as his Supreme Court nominee prepares to make her first trip to Capitol Hill. Both stories are developing concurrently as he prepares to face Democratic presidential nominee Joe Biden in Tuesday’s debate.

President Donald Trump’s efforts to stall the release of his personal and corporate taxes to a New York state grand jury is jeopardizing the criminal probe of other individuals and entities and could “kill this case,” an attorney told a judge Thursday in urging fast action.

A week after losing a Supreme Court ruling, President Donald Trump’s lawyers said Wednesday they’re considering challenging a subpoena for his tax records by criminal prosecutors on grounds that it’s a fishing expedition or a form of harassment or retaliation against him.

President Trump’s battle to keep his tax returns and financial records secret played out in the highest court in the land Tuesday. Supreme Court justices heard from attorneys representing the president as well as congressional attorneys in the battle over the president’s tax returns.

Millions of Americans may have had their coronavirus stimulus payments held up by glitches if they were customers of tax preparation services, according to a new report. Here’s why those payments could have been delayed, and what one major tax preparation service is saying about the issue.

President Donald Trump and the Coronavirus Task Force gave updates on the coronavirus pandemic on Tuesday, urging people to heed the CDC guidelines for at least 15 days and act with an abundance of caution. Secretary of the Treasury Steve Mnuchin later announced an IRS tax deferral for those who owe taxes.

The Supreme Court says it will hear President Donald Trump’s pleas to keep his tax, bank and financial records private. The justices’ decision Friday to hear cases involving demands for records from Trump’s banks and accounting firm means the court is likely to issue final rulings in June, amid Trump’s campaign for re-election.

The Supreme Court on Friday temporarily shielded the bank records of President Donald Trump and three of his children from House Democrats. In an order signed by Justice Ruth Bader Ginsburg, the House cannot enforce subpoenas issued to Deutsche Bank and Capital One at least until Dec. 13. The justices are scheduled to discuss at least one and maybe two…

A federal judge on Monday dismissed President Donald Trump’s lawsuit against New York officials that was aimed at preventing the release of his tax returns.

The conservative group Judicial Watch announced it had filed a lawsuit on Thursday to challenge the law.

California’s Democratic governor signed a law Tuesday requiring presidential candidates to release their tax returns to appear on the state’s primary ballot, a move aimed squarely at Republican President Donald Trump.

Seth Meyers takes a closer look at President Donald Trump still resisting calls to release his tax returns while commenting on immigration laws.

The White House is offering another rationale for why Democrats should not get their hands on President Donald Trump’s tax filings: They’re not “smart enough” to properly understand them, NBC News reported. Speaking with “Fox News Sunday” host Chris Wallace, White House press secretary Sarah Sanders said she wouldn’t “trust” members of Congress to fully grasp the contents of the...

Seth Meyers takes a closer look at the president resisting calls to release his tax returns and calling the people who investigate him traitors.

Treasury Secretary Steven Mnuchin, testifying before a House Appropriations subcommittee, said Tuesday he will “follow the law” regarding a request by House Democrats to see President Donald Trump’s tax returns.

President Donald Trump lashed out on Twitter Wednesday morning after Rachel Maddow and David Cay Johnston released leaked copies of Trump’s 2005 tax returns. The returns revealed Trump paid $38 million on a $152 million income.

A former head of the IRS is calling on Donald Trump to release his tax returns, saying there is no legitimate reason to withhold them....
“When Americans file their tax returns each year, they declare under penalty of perjury that to best of their knowledge they are true, correct and complete,” says Mark Everson, who served as IRS Commissioner during the...