Tax World Gawks at Trump Audit Agreement: ‘Never Seen Anything Like This’
- Trump settled a lawsuit with the IRS, which he effectively oversees, and the settlement granted him favorable terms including protection from audits for himself, his family, and related businesses.
- The IRS tax leak was caused by an independent contractor during Trump's administration; the contractor was prosecuted and convicted, and it was not an intentional action by the IRS.
12 Articles
12 Articles
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Daily KosWTF Is In Trump’s Taxes That Just Made His US Attorney Say Releasing Them Would ‘Destroy’ Trump?
In the wake of the unprecedented and utterly corrupt settlement that Donald Trump made to shield himself from any tax fraud liability, while rewarding his StormTrumpers and other Trump cultists for their treasonous crimes, Trump’s propaganda squad has been hitting the media trail to sell this barrel of rotten apples to the public. Click here to post this article on Twitter or Click here to post on Bluesky The settlement deal that Trump made was …
Trump DOJ Says He Can Never Be Audited Again
The IRS will never audit Donald Trump’s old tax returns again. That chapter is officially closed for good. Acting Attorney General Todd Blanche signed an order Tuesday permanently ending any IRS examination of Trump’s prior tax filings and shutting down all existing claims tied to Trump, his family, and his businesses for anything filed before the May 18 settlement date. There is no sunset clause, no reopening mechanism, and no ambiguity about w…
Tax world gawks at Trump audit agreement: ‘Never seen anything like this’
President Donald Trump is flipping what had been a doomed lawsuit against the IRS into a free pass from the agency. Astonishment is rippling through tax world at a settlement that goes far beyond the specifics of Trump’s suit — he sought billions of dollars as compensation for some of his tax records being leaked to the news media — to instead provide him, his family and his businesses sweeping protections against government scrutiny of his taxe…
The U.S. Department of Justice's decision permanently protects Trump and his inner circle from old tax audits. The U.S. Internal Revenue Service (IRS) can no longer examine previously filed tax returns of President Donald Trump, his family or his companies, according to Politico. The Justice Department on Tuesday signed an amendment to the agreement that settled the lawsuit over the leak of Trump's tax records.
The president sued the IRS for leaking his taxes and resolved the case with officials he himself appointed, without judicial supervision.
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