The Latest Breaking News from Internal Revenue Service

Editorial: Decision to release Trump's tax returns doesn't pass the smell test

Democrats on the House Ways and Means Committee were so busy patting themselves on the back after Wednesday’s partisan vote to publicly release former President Donald Trump’s tax returns that they forgot one thing: explaining why this is legally necessary or proper. The vote wasn’t an attempt to uphold the…

St. Louis Post-Dispatch · Dec 22, 2022

US House committee votes to make Trump tax returns public

The Democrat-led panel voted in a closed session to release six years of records pertaining to the former president.

Al Jazeera · Dec 21, 2022

US Supreme Court paves path to obtain Trump’s tax returns

The decision concludes a three-year legal battle over efforts to obtain the former president’s taxes.

Al Jazeera · Nov 22, 2022

U.S. IRS identifies 79 tax fugitives in Mexico, neighbors

The Internal Revenue Service's Criminal Investigation unit said on Thursday it has located 79 tax evasion fugitives in Mexico, Belize, El Salvador, Guatemala and Honduras in the first year of a new extradition initiative.

Reuters · Oct 6, 2022

NY probe found potential crimes. Why isn't Trump in cuffs?

New York’s attorney general isn’t arresting former President Donald Trump even though she says her three-year investigation uncovered potential crimes in the way he ran his real estate empire

The Independent UK · Sep 22, 2022

Biden likely to nominate estate-tax expert as IRS’s top lawyer

President Joe Biden is likely to nominate Beth Kaufman, a partner at the law firm Caplin & Drysdale, to be the top lawyer at the Internal Revenue Service as the White House prepares to overhaul the agency’s leadership, according to people familiar with the matter.

Tribune News Service · Sep 15, 2022

The IRS is getting a lot more money for audits. Should you be worried?

Did a shiver go down your spine when you heard that Congress is pouring a whopping $80 billion into the Internal Revenue Service over the next 10 years to beef up the nation's tax collection system?

Los Angeles Times · Sep 15, 2022

Brickbat: Too Much Information

The Internal Revenue Service posted to its website confidential information for 120,000 taxpayers with retirement accounts invested in assets like master limited partnerships and real-estate investment trusts. Those taxpayers, as well as tax-exempt nonprofits, must file 990-T forms. Only the information for the nonprofits was supposed to be posted. IRS…

Reason · Sep 6, 2022

The IRS says it mistakenly made public data for about 120,000 taxpayers

The data — which included individual names and business contact information — was public on the IRS.gov website for about a year until an employee noticed the mistake recently.

WEKU · Sep 4, 2022

IRS mistakenly published some taxpayers’ confidential data

WASHINGTON — The Internal Revenue Service mistakenly published confidential data for 120,000 taxpayers on its website before realizing the error and taking down the data, the Treasury Department said.

Tribune News Service · Sep 2, 2022