tax returns

Justice Department Bars Future Audits of Trump Tax Returns

The Department of Justice has amended a controversial agreement establishing a secretive $1.776 billion fund for presidential allies, adding a provision that permanently bars the IRS from auditing Donald Trump’s tax returns. This amendment, released after criticism of the fund’s loose control and lack of transparency, follows Trump’s dropping of a $10 billion lawsuit against the IRS. Despite claims of accountability, the fund’s leadership is appointed by and can be fired by the president, and the disclosure of recipients and reasons for awards remains unclear.

Read More

DOJ: Ex-IRS employee who leaked Trump’s tax returns intentionally got job to disclose records

When I read the news about the former IRS employee who purposefully acquired his job with the intention of leaking Trump’s tax returns, my reaction was mixed. This is a discussion that calls for nuance, and it left me teetering between admiration for his audacity and skepticism about his approach. The headline reads like an espionage thriller, with a maverick outsider exploiting the system to expose a billionaire’s tax records.

The man in question, who was charged for his actions, had breached federal regulations by intentionally leaking the tax return information. My initial instinct was to cringe, remembering that the individual committed a crime.… Continue reading