NEW YORK—It’s tax season in the United States, and for many people, filing tax returns can be a daunting task that’s often left until the last minute. But if you want to avoid the stress of the looming deadline, start getting organized as soon as possible. Whether you do your taxes yourself, go to a […]
The results of a years-long probe into the finances of former President Donald Trump was made public today. A Democrat-led house committee released the former president’s tax returns for the past 6 years—how is the former president responding? To assess the latest surrounding Trump we’ll have the founder of the Center for Security Policy, Frank […]
When former President Donald Trump took office on Jan. 20, 2017, he became the wealthiest commander-in-chief the nation ever had, but when he left the White House four years later, his net worth had shrunk by more than half, with recently released tax return data reinforcing his repeated statements that the presidency wasn’t making him […]
Former President Donald Trump and his wife, former First Lady Melania Trump, paid a total of just more than $1.1 million in federal income tax over the course of his presidency, according to an overview of Trump’s tax returns released by the House Ways and Means Committee. While Trump’s full tax returns haven’t been released […]
Journalist Lee Fang released the latest installment of the “Twitter Files” on Dec. 20, showing how the social media platform “quietly aided” U.S. intelligence officials’ online campaigns. A 6.4 magnitude earthquake hit off the coast of Northern California, leaving homes and businesses without power. The House Ways and Means Committee met privately to weigh whether […]
The House Ways and Means Committee met to weigh whether or not to release former President Donald Trump’s tax returns to the public. The committee has had Trump’s returns for weeks after winning a years-long court battle. Democrat committee members have said their review was necessary as a check on IRS audit procedures.
Former President Donald Trump has lost an appeal to keep six years of his income tax returns shielded from the House Ways and Means Committee, amid a longstanding battle between the Democrat-led House and Trump over his financial records. U.S. District Judge Trevor McFadden, a Trump nominee, had in December 2021 dismissed Trump’s effort to block the Department of […]
Twitter took no action on a ProPublica story published Tuesday based on the “illegal” leak of confidential tax information of the nation’s wealthiest people that was shared widely on its platform. Twitter’s inaction on the tax leak story comes after the social media network outright blocked users in the run-up to the 2020 election from […]
BOSTON—A former Massachusetts mayor first elected at the age of 23 was convicted on Friday of defrauding investors in a smartphone app company and extorting money from local marijuana businesses. Jurors found former Fall River Mayor Jasiel Correia guilty on most counts he faced including wire fraud, filing false tax returns, and extortion, in what […]
The unprecedented events of 2020 changed so much about life as we knew it. And many of the changes and upheavals from last year have caused changes to your tax returns this year. Due to the COVID-19 crisis, there are plenty of new and revised provisions and important dates you will need to know about […]
President Donald Trump said he’s entitled to depreciation like every other real estate investor and at least one professor at Stockton University agrees with him. Professor Michael Busler said he wished the New York Times had a business or finance expert look at the books before writing the report. He says what Trump did is […]
A federal appeals court has granted President Donald Trump’s request to hold a lower court’s ruling that would have allowed the Manhattan district attorney to enforce his subpoena for the president’s tax returns.
Treasury Secretary Steven Mnuchin and other treasury officials were cleared in the decision to withhold President Donald Trump’s tax returns from Congress by acting Treasury Inspector General (TIG) Richard Delmar’s office. The probe into the matter was triggered by House Ways and Means Chairman Richard Neal (D-Mass.), who requested it after Mnuchin declined to provide six years […]
Trump welcomes Washington Nationals to the White House; U.S. formally withdrawing from Paris Climate Accord; Court rules Trump must turn over tax returns to prosecutors; and NYPD commissioner steps down, Chief of Detectives steps up.
A federal judge on Oct. 7 ordered President Donald Trump to turn over eight years of tax returns, responding to an appeal from Trump’s lawyers after Manhattan District Attorney Cy Vance issued a subpoena for the returns last month.
