President Donald Trump’s newly announced agreement with the Internal Revenue Service could spare his family from a potential nine-figure tax penalty, according to a recent report.
The Trump administration said this week it had reached a settlement resolving the president’s unprecedented $10 billion lawsuit against the IRS. Filed in January, the suit alleged the agency failed to prevent the leak of his tax returns to the media and sought damages tied to federal investigations into his 2016 campaign’s ties to Russia, as well as the FBI’s 2022 search of Mar-a-Lago.
