IRS deposits first economic support payments
The IRS says the first economic support payments stemming from the coronavirus outbreak have been deposited in taxpayers’ bank accounts.
IRS to pay visits to high-income taxpayers who fail to file
The IRS says it is stepping up its efforts to visit high-income taxpayers who failed in prior years to file their tax returns on time. The face-to-face visits will focus on those who earned more than $100,000 during a tax…
House committee files lawsuit over Trump tax returns
The committee says that the administration has defied a subpoena for the documents "in order to shield President Trump's tax return information from Congressional scrutiny."…
Why the IRS is legally required to give Congress Trump’s tax returns, but probably won’t
The law is clear that the IRS must turn over Trump’s returns to the House Ways and Means Committee. But there’s the law, and there’s political reality.
William Consovoy, President Donald Trump's attorney, says the tax code zealously guards taxpayer privacy. He says that requests for tax returns "must have a legitimate legislative purpose."…
The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government.
The decline may be largely due to how some employees and employers had adjusted the amounts withheld from paychecks to account for changes under the new tax law. Most taxpayers received a tax cut under the law but some may…
The official start of the tax filing season comes Monday.
Taxpayers who are owed refunds will be paid on time, despite the government shutdown that has closed many federal agencies, a Trump administration official said Monday as concern mounted over the risk that the payments could be delayed.
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