treasurydepartment

The wealthiest 1% have robbed the nation with $7 trillion in tax evasion over the last 10 years

The good news for the IRS is that most Americans pay their fair share of taxes. A new analysis of incomes and returns suggests that tax compliance for low- and middle-income workers is “high.” As The …

Thu Sep 9, 2021

Congress to finally get Trump's tax forms after Garland DOJ knocks down barrier erected under Barr

There was never a moment’s doubt about the actual legality of the situation. The Internal Revenue Code instructs the Department of the Treasury to hang onto tax returns. It also provides that the …

Fri Jul 30, 2021

Biden pledges big increase in funding, staffing to restore the IRS and crack down on rich tax cheats

In what is a ridiculously long overdue proposal, President Joe Biden is advocating doubling the size of the IRS, adding tens of thousands of new workers over the next decade in order to help achieve …

Mon May 24, 2021