Internal Revenue Service - Febspot

Internal Revenue Service

A collection of 6 posts

Trump sues I.R.S. and Treasury over leaked tax returns, seeks at least $10 billion — Static01.nyt.com

Trump sues I.R.S. and Treasury over leaked tax returns, seeks at least $10 billion

On Jan. 30, 2026, President Trump filed a complaint in federal court in Miami against the I.R.S. and the Treasury Department, demanding at least $10 billion for the unauthorized disclosure of his tax returns from his first term. The suit, brought by Mr. Trump along with two of

Trump Sues I.R.S., Seeks at Least $10 Billion Over Tax Return Leak — Static01.nyt.com

Trump Sues I.R.S., Seeks at Least $10 Billion Over Tax Return Leak

President Trump sued the Internal Revenue Service on Thursday, Jan. 29, 2026, in federal court in Florida, demanding at least $10 billion over the unauthorized leak of his tax returns from his first term; the suit also names his two eldest sons and his family business as plaintiffs. The filing

Congress Rejects Deep Cuts Sought in Trump's Budget — Static01.nyt.com

Congress Rejects Deep Cuts Sought in Trump's Budget

Congress is rejecting almost all of the deepest spending cuts President Trump proposed for this year, moving bipartisan funding bills that preserve money for foreign aid, global health, scientific research and cultural programs. On Wednesday the House voted 341 to 79 to pass two bills to fund the State and

IRS partnership audit program falters after senior staff departures — Static01.nyt.com

IRS partnership audit program falters after senior staff departures

The Internal Revenue Service’s push to audit private equity, venture capital and large real estate partnerships has faltered since President Trump returned to office, with nearly all senior leaders of the effort leaving the agency and many audits abandoned or scaled back. The initiative had previously expanded rapidly: the