Internal Revenue Service
I.R.S. Routinely Audited Obama and Biden, Raising Questions Over Delays for Trump
WASHINGTON — The I.R.S. subjected both President Donald J. Trump’s predecessor and his successor to annual audits of their tax returns once they took office, spokespeople for Barack Obama and President Biden said on Wednesday, intensifying questions about how Mr. Trump escaped such scrutiny until Democrats in the House started inquiring. Late Tuesday, a House […]
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Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible
After more than a year of trying — and failing — to pack much of President Biden’s domestic agenda into a single tax-and-spend bill, Democrats appear to have finally found a winning combination. They’ve scrapped most of the president’s plans, dialed down the cost and focused on climate change, health care and a lower budget […]
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I.R.S. Asks Inspector General to Review Audits of Comey and McCabe
The I.R.S. said on Thursday that it had asked the inspector general who oversees tax matters to investigate how James B. Comey, the former F.B.I. director, and his deputy, Andrew G. McCabe — both perceived enemies of former President Donald J. Trump — came to be faced with rare, exhaustive audits that the agency says […]
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Comey and McCabe, Who Infuriated Trump, Both Faced Intensive I.R.S. Audits
Among tax lawyers, the most invasive type of random audit carried out by the I.R.S. is known, only partly jokingly, as “an autopsy without the benefit of death.” The odds of being selected for that audit in any given year are tiny — out of nearly 153 million individual returns filed for 2017, for example, […]
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76 Fake Charities Shared a Mailbox. The I.R.S. Kept Approving More.
The “American Cancer Society of Michigan,” state authorities say, was a fake charity. And not even a good fake. It was not in Michigan, for one thing. When the group applied to the Internal Revenue Service to become a tax-exempt nonprofit in 2020, it listed its address as a rented mailbox on Staten Island. It […]
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The Federal Government Subsidizes Abortions. Will That Last?
In the United States, you can get a tax deduction for your abortion if your overall health care expenses are high enough. That didn’t change with the Supreme Court’s ruling last week. If you work for a nongovernmental employer that provides health insurance that covers abortion, the federal government helps there, too. That hasn’t changed. […]
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Amid Russia Invasion, I.R.S. Aims to Police Oligarch Sanctions
WASHINGTON — The Internal Revenue Service is pressing Congress to devote more resources to the agency as it takes an increasingly central role in the Biden administration’s efforts to prevent Russia and its oligarchs from evading the punishing sanctions that the United States has imposed. Aides to Charles P. Rettig, the I.R.S. commissioner, told congressional […]
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I.R.S. Will Allow Taxpayers to Forgo Facial Recognition Amid Blowback
WASHINGTON — The Internal Revenue Service said on Monday that it would allow taxpayers to opt out of using facial recognition technology to gain access to their online accounts and would shift to an entirely different identity verification system next year as the agency tries to alleviate backlash over its use of biometric data. The […]
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Fact-Checking Kevin McCarthy’s 8-Hour Speech
Representative Kevin McCarthy, Republican of California and the minority leader, mounted his case against President Biden’s social spending bill in a record-breaking speech that stretched for more than eight hours from Thursday to Friday. Here’s a fact check of some of his remarks. What Mr. McCarthy Said “Just a few weeks ago, Congresswoman Abigail Spanberger […]
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