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The House Ways and Means Committee voted Tuesday to make six years of former President Donald Trump’s tax returns public — potentially ending years of speculation about what they might reveal about his business dealings and personal wealth. Rep. Brendan Boyle, D-Pa., said the vote will make public the tax returns and a separate report about Trump's tax information. It is the power to embarrass, harass or destroy a private citizen through disclosure of their tax returns," Brady said. Trump was the first president to refuse to make his tax returns public since the 1970s. In order to fairly make that determination, we must obtain President Trump’s tax returns and review whether the IRS is carrying out its responsibilities," Neal said in a statement in April 2019.

WASHINGTON, Dec 20 (Reuters) - A U.S. House of Representatives committee voted on Tuesday to release partially redacted tax filings from former President Donald Trump, which could lead to more unwelcome scrutiny for the former president as he mounts another White House bid. The House Ways and Means Committee voted to release a summary of Trump's tax returns between 2015 and 2021, the years when he was running for president and serving in the White House, panel members said. Like other committee Republicans, he voted against their release on the grounds that it could set a bad precedent. REUTERS/Jonathan ErnstCandidates are not required by law to release their tax returns, but previous presidential hopefuls of both parties have voluntarily done so for several decades. Another House committee on Monday asked federal prosecutors to prosecute Trump for sparking the deadly Capitol attack on Jan. 6, 2021.

☆ House Democrats vote to make material related to Trump's personal tax returns public
▼ + stars: | 2022-12-21 | by ( Warren Rojas | Kimberly Leonard | ) www.businessinsider.com time to read: +8 min

The Democratic-majority House Ways and Means Committee voted to make materials related to Trump's tax returns public. Some of this was already revealed in 2020 when The New York Times obtained decades of Trump's tax information. "If this injustice can happen to President Trump, it can happen to all Americans without cause," Cheung wrote. US Treasury officials gave Neal Trump's tax filings for 2015-2020 in late November. Neal and other Democratic tax writers have been deliberating about how to handle Trump's tax documents for weeks.

☆ Only one Trump tax return as president got mandatory IRS audit, report says
▼ + stars: | 2022-12-21 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

And that IRS audit of Trump's 2016 income tax return was not completed by the time he left office in January 2021, the report by the Ways and Means Committee found. And in that sixth year, in 2017, there is "no indication" the entities' tax returns were designated for audit, the report found. "Clearly, the mandatory audit program was dormant, at best, during the prior Administration," the report said. The report found that when Trump was in the White House, the IRS failed to designate for mandatory audit Trump's tax return for 2015, when he was running for president, and then again for the returns filed for the 2017, 2018, 2019, and 2020 tax years. And, "Notably, the IRS sent a letter to the former President notifying him that his tax year 2015return was selected for examination on April 3, 2019, which is the date the Chairman sent theinitial request to the IRS for the former President's return information and related tax return."

☆ The IRS failed to audit Trump during his first two years in office, despite internal policy that mandates a review of presidential finances
▼ + stars: | 2022-12-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

The House Ways and Means Committee on Tuesday voted to release Donald Trump's tax materials. While the full files have not yet been released, a summary report showed the IRS failed to audit. During his first two years in office, Trump was not subjected to mandatory audits, the report said. The preliminary report on his taxes contradicts that any such audit was conducted. Representatives for the IRS and Trump did not immediately respond to Insider's requests for comment.

WASHINGTON, Dec 20 (Reuters) - A Democratic-led U.S. House of Representatives committee met on Tuesday to decide whether to release publicly details of Donald Trump's tax returns, which could lead to more unwelcome scrutiny for the former president as he mounts another White House bid. Democrats have little time to act, as Trump's Republicans are due to take control of the House in January. Candidates are not required by law to release their tax returns, but previous presidential hopefuls of both parties have voluntarily done so for several decades. Trump's tax returns are still subject to confidentiality restrictions, but Democrats who control the committee could vote to make some details public. Another House committee on Monday asked federal prosecutors to prosecute Trump for sparking the deadly Capitol attack on Jan. 6, 2021.

☆ Trump tax returns: House Ways and Means Committee considers potential release
▼ + stars: | 2022-12-20 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Drew Angerer | Getty Images News | Getty ImagesThe House Ways and Means Committee began meeting Tuesday to consider potentially publicly releasing years' worth of federal income tax returns filed by former President Donald Trump. A police escort delivered documents that were presumed to be Trump's tax returns shortly before the scheduled 3 p.m. hearing. Rep. Kevin Brady of Texas, the ranking Republican on Ways and Means, warned against the potential release of the returns. "Let me be clear, our concern is not whether the president should have made his tax returns public as has been tradition, nor about the accuracy of his tax returns," Brady told reporters. Documents arrive as the House Ways & Means Committee holds a hearing regarding tax returns from former President Donald Trump on Capitol Hill in Washington, Tuesday, Dec. 20, 2022.

☆ U.S. House Democrats to decide whether to release Trump's tax information
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +3 min

WASHINGTON, Dec 20 (Reuters) - A Democratic-led U.S. House of Representatives committee on Tuesday is due to decide whether to release details of former President Donald Trump's tax returns, after a years-long court fight and just two weeks before their party surrenders power to Republicans. Candidates are not required by law to release their tax returns, but previous presidential hopefuls of both parties have voluntarily done so for several decades. Trump's tax returns are still subject to confidentiality restrictions, but Democrats who control the committee could vote to make some details public. Democrats on the Ways and Means Committee have said they need to see those records to assess whether the Internal Revenue Service is properly auditing presidential tax returns, and to gauge whether new legislation is needed. Another House committee on Monday asked federal prosecutors to charge Trump with obstruction and insurrection for sparking the deadly Capitol attack.

The committee obtained six years' worth of Trump's tax returns in November, following a years-long court fight for documents that other presidents have routinely made public since the 1970s. The meeting in "consideration" of the Trump documents comes just before Republicans are set to reclaim control of the House — and the committee — next month. While tax returns are confidential under federal law, there are some exceptions — including if the chair of the Ways and Means committee requests them. “No one believes that Chairman Neal requested President Trump’s tax returns so he can study legislation about IRS audits. Every president since Richard Nixon has made their tax returns public.

☆ House Democrats reviewing Trump's tax returns split into publish-everything and there-are-rules camps with GOP takeover looming
▼ + stars: | 2022-12-02 | by ( Warren Rojas | ) www.businessinsider.com time to read: +5 min

After finally scoring Trump's tax records, House Democrats have to figure out what to do with them. "I want them all released," Ways and Means Committee member Bill Pascrell told MSNBC ahead of Neal's group-wide meeting. José Luis Villegas/AP"Democrats' relentless pursuit of President Trump's tax returns is nothing more than a partisan attack against a political opponent that serves no legitimate or legislative purpose," Buchanan wrote in an email to Insider. Ways and Means Committee member Dan Kildee said he was backing Neal's call in this case. And while he acknowledged they were racing against the clock, Kildee said Ways and Means Democrats would rise to the challenge.

☆ U.S. Congress tax panel chief backs requiring presidents to make tax returns public
▼ + stars: | 2022-12-02 | by ( Richard Cowan | ) www.reuters.com time to read: +2 min

WASHINGTON, Dec 1 (Reuters) - The chairman of the U.S. Congress committee that has been given access to Donald Trump's tax returns on Thursday said he supported legislation requiring future presidents to make such information public. "I think it would be fair to say that it would be a good idea for presidents down the road to be required to release their tax returns," House of Representatives Ways and Means Committee Chairman Richard Neal told reporters. Neal added that he did not know whether U.S. presidential candidates should be included in such a requirement. Neal used his comments to reporters to dispute a "false" suggestion that Democrats on the panel on Thursday were meeting to review the Trump tax returns. The U.S. Supreme Court on Nov. 22 cleared the release of those returns to Neal's committee, which has sought them for nearly four years.

☆ Trump's tax returns now in the hands of House Democrats after lengthy court battle
▼ + stars: | 2022-11-30 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ali-Vitali-Circle-Byline-Template.Jpg | Ali Vitali | ) www.nbcnews.com time to read: +3 min

WASHINGTON — A Democratic-led House committee is now in possession of six years of former President Donald Trump’s tax returns after a multiyear court fight. CNN first reported that the committee had received the tax returns. Republicans have made clear they're not interested or concerned about Trump's tax records. Unlike other recent presidents, Trump has refused to make his tax returns public amid scrutiny of his business affairs, repeatedly claiming that he's being audited by the IRS. But the legal battle began in April 2019, shortly after Democrats took control of the House, when Neal asked for Trump’s returns and those of related business entities.

☆ House Panel Gets Access to Trump Tax Returns, Chairman Guarded as to What Comes Next
▼ + stars: | 2022-11-30 | by ( Richard Rubin | ) www.wsj.com time to read: 1 min

WASHINGTON—The Treasury Department has complied with a Supreme Court order that allows the administration to make former President Donald Trump‘s tax returns available to the House Ways and Means Committee, the department said Wednesday. The next move falls to committee Chairman Richard Neal (D., Mass. ), who was guarded Wednesday about his plans for analyzing the documents or releasing them publicly.

☆ House Panel Gets Trump Tax Returns, Chairman Guarded as to What Comes Next
▼ + stars: | 2022-11-30 | by ( Richard Rubin | ) www.wsj.com time to read: 1 min

Former President Donald Trump for years resisted handing over his personal tax returns to a House committee. WASHINGTON—The Treasury Department has complied with a Supreme Court ruling that allowed the administration to give former President Donald Trump’s tax returns to the House Ways and Means Committee, the department said Wednesday. The next move falls to committee Chairman Richard Neal (D., Mass. ), who was guarded Wednesday about his plans for analyzing the documents or releasing them publicly.

☆ Trump's tax returns case lost in the Supreme Court. Now what?
▼ + stars: | 2022-11-26 | by ( Carol C. Lam | Carol C. Lam Was A U.S. Attorney For The Southern District Of California | A Federal Prosecutor For Years. She Also Was A Superior Court Judge In San Diego County. She Is A Legal Analyst For Msnbc. | ) www.nbcnews.com time to read: +7 min

Letitia James, the New York attorney general, also has years of tax returns, and has brought a civil case based largely on them. First, the updated House request to the Treasury Department in 2021 calls for more recent tax returns, this time for tax years 2015-2020. Tax returns in the hands of a congressional committee are not the same as tax returns in the hands of a prosecutor. Government prosecutors can obtain, but not disclose, the contents of tax returns — unless, that is, it becomes necessary to introduce relevant portions of the returns into evidence. After evidence came to light that President Richard Nixon had used taxpayer information to target political opponents, legislation was enacted in 1976 that severely restricted a president’s ability to disclose taxpayer information.

WASHINGTON — The Supreme Court on Tuesday rejected former President Donald Trump's last-ditch plea to block the release of his tax records to House Democrats, paving the way for their possible disclosure to the lawmakers. Earlier this month, Chief Justice John Roberts temporarily blocked the Ways and Means panel from accessing Trump’s tax records while the court decided how to act on Trump’s request. House Democrats, as well as the Biden administration, urged the court to reject Trump's request, saying their demand for the tax documents reflected a valid legislative purpose. Democrats have been calling for Trump to release his tax returns ever since the 2016 presidential campaign. While no law requires presidential candidates to release their tax returns, it has become the norm for both Democrats and Republicans to do so.

☆ The notable legal clouds that continue to hang over Donald Trump
▼ + stars: | 2022-11-15 | by ( Dan Berman | ) edition.cnn.com time to read: +17 min

CNN —All eyes are on former President Donald Trump, whose third White House bid has already become mired in controversy. The Justice Department investigation continues into whether documents from the Trump White House were illegally mishandled when they were brought to Mar-a-Lago in Florida after he left office. Any unauthorized retention or destruction of White House documents could violate a criminal law that prohibits the removal or destruction of official government records, legal experts told CNN. During the panel’s hearings this summer, fingers were pointed at GOP lawmakers and Trump allies who tried to help overturn the election and Trump White House officials who failed to stop the former president’s actions. Recently, DOJ moved to compel additional testimony from former White House counsel Pat Cipollone and deputy White House counsel Patrick Philbin.

☆ DOJ asks Supreme Court to deny Trump's request to block House Democrats from getting his tax records
▼ + stars: | 2022-11-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +3 min

WASHINGTON — The Department of Justice and the House Ways and Means Committee asked the Supreme Court on Thursday to reject former President Donald Trump's request to block the panel from accessing his tax records. Earlier this month, Chief Justice John Roberts Chief temporarily blocked the Ways and Means panel from accessing Trump's tax records. Roberts said the case would remain on hold until the court acts and asked the committee to file a response to Trump’s request by Thursday. After the DOJ's filing, the committee also filed a similar 52-page argument Thursday against Trump's request. “The committee’s purpose in requesting President Trump’s tax returns has nothing to do with funding or staffing issues at the IRS and everything to do with releasing the president’s tax information to the public,” the lawyers wrote in a recent court filing.

☆ Walmart's PAC has quietly donated nearly $1 million to campaigns ahead of the midterms. While the company has a ''don't rock the boat strategy,' it contributed to 41 election deniers.
▼ + stars: | 2022-11-07 | by ( Ben Tobin | Madison Hall | ) www.businessinsider.com time to read: +8 min

WALPAC donated almost 50-50 to Democratic and Republican federal candidates for the midterms. Walmart's PAC donated to 41 candidates who denied the 2020 presidential election results, ProPublica found. Of that, about 53% went to Republican candidates, and 47% went to Democrats. Some members of Congress, particularly among Democrats, also reject any corporate PAC contribution — WALPAC or otherwise — as a matter of practice. However, the company did donate a significant amount of money to candidates who voted against certifying the 2020 presidential election results.

☆ Chief Justice Roberts temporarily blocks release of Trump's tax records to House Democrats
▼ + stars: | 2022-11-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Lawrencehurley_Pic.Jpg | Lawrence Hurley | ) www.nbcnews.com time to read: +2 min

Chief Justice John Roberts on Tuesday temporarily blocked a congressional committee from accessing former President Donald Trump’s tax records. Tax returns are confidential under federal law, but there are some exceptions, one of which allows the chairman of the committee to request them. The legal battle began in April 2019, when Rep. Richard Neal, D-Mass., the chairman of the committee, asked for Trump’s returns and those of related business entities. Democrats have been calling for Trump to release his tax returns ever since the 2016 presidential campaign. While no law requires presidential candidates to release their tax returns, it has become the norm for both Democrats and Republicans to do so.

WASHINGTON — Former President Donald Trump on Monday asked the Supreme Court to block a congressional committee from accessing his tax records as a long-running legal battle reaches its final stage. The appeals court's decision not to reconsider its ruling means the tax returns will be disclosed if the Supreme Court does not immediately intervene. Democrats have been calling for Trump to release his tax returns ever since the 2016 presidential campaign. While no law requires presidential candidates to release their tax returns but it has become the norm for both Democrats and Republicans to do so. Most recently, the court on Oct. 13 rejected Trump’s request that a special master be allowed to review classified papers seized from his Mar-a-Lago residence.

☆ Federal appeals court denies Trump effort to keep tax records away from House committee
▼ + stars: | 2022-10-27 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

A federal appeals court on Thursday denied former President Donald Trump's latest attempt to prevent a congressional committee from accessing his tax records. Circuit Court of Appeals for Washington, D.C., comes after a three-judge panel on the court unanimously ruled in August that the House Ways and Means Committee is allowed to obtain Trump’s tax records after a yearslong effort to secure them. Neal first filed a formal request with the Treasury Department for the tax records in April 2019. Thursday's court ruling adds to Trump's legal woes. A day earlier, his lawyers accepted service of the subpoena issued to him by the House committee investigating the Jan. 6 riot.

☆ Public servants like teachers and police often get reduced Social Security. Congress is weighing a bill that could change that
▼ + stars: | 2022-09-21 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Monkeybusinessimages | Istock | Getty ImagesMillions of Americans may receive reduced Social Security benefits if they worked in public roles as teachers, firefighters, police or government workers. "There just aren't that many legislative days left," said Maria Freese, senior legislative representative at the National Committee to Preserve Social Security and Medicare. Why public servants encounter reduced Social SecurityThe Social Security Fairness Act calls for repealing two titles of the Social Security Act that reduce or eliminate benefits for Americans who work in public service — the Windfall Elimination Provision and the Government Pension Offset. The Social Security Fairness Act would fully repeal both rules, thus making benefits more generous for those affected. 82 would need offsets not to have a huge financial impact on the Social Security trust funds, and it doesn't provide that," Sprick said.

The federal tax deadline, when tax returns and payments are due, will move to May 17. The extension automatically applies to individual federal tax returns and payments for 2020 normally due on April 15. "Under titanic stress and strain, American taxpayers and tax preparers must have more time to file tax returns." The IRS moved the tax deadline back in 2020Last year the IRS moved the tax deadline from April 15 to July 15 to give taxpayers and preparers more time to file and pay during widespread coronavirus shutdowns. After winter storms knocked out power in several states in February, the IRS extended the federal tax deadline for residents and business in Texas, Louisiana, and Oklahoma to June 15.

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