“Donald Trump attempted to hijack the United States government to keep himself in power, and American democracy almost didn’t survive,” said one watchdog. “His tax returns may have been another part of that effort.” After a protracted legal fight and relentless obstruction by the former president, the House Ways and Means Committee on Friday finally […]
Trump’s request comes after a federal appeals court paved the way for the Internal Revenue Service to turn over his tax returns to the Democratic-led House Ways and Means Committee. Former President Donald Trump filed an emergency appeal Monday asking the U.S. Supreme Court to halt the release of his tax returns. Trump’s request comes after a federal […]
WASHINGTON — The Internal Revenue Service Wednesday announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38 provides details about these annual adjustments. New for 2023 The Inflation Reduction Act extended certain energy-related tax breaks and indexed for inflation […]
WASHINGTON – The Internal Revenue Service reminds taxpayers who requested an extension to file their 2021 tax return to do so by Monday, Oct. 17. While Oct. 17 is the last day for most people to file a Form 1040 to avoid the late filing penalty, those who still need to file should do so […]