Watch 11:35
What NYT report tells us about Trump’s taxes — and what it doesn’t
After years of secrecy, President Trump's finances are examined in a New York Times investigative report. What does it tell us about his business practices and income taxes? David Cay Johnston, an investigative journalist and author who has long followed…
U.S. inmates got virus relief checks, and IRS wants them back
An IRS spokesman says the agency is relying on the unrelated Social Security Act, which bans incarcerated people from receiving some types of benefit payments.
Millions of Americans are receiving relief payments this week, but who is being left out?
The majority of Americans are eligible to receive one-time cash payments. But for some, accessing those funds is a confusing and complicated process.
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.
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…
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."…
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.
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