IRS approves tool to help low-income families claim up to $300 a month per child

U.S. 06/16/21, 00:58

America's national treasury and revenue service will let struggling households claim federal reimbursements more frequently. A new online tool will help low-income families receive the federal Child Tax Credit without having to wait until they file their tax return. The U.S. Treasury Department's and IRS's Non-filer Sign-up Tool promises to give eligible ...

President Biden and first lady release their tax returns

U.S. 05/18/21, 18:19

President Joe Biden and First Lady Jill Biden released their tax returns on Monday, May 17, showing their significant decrease in earnings in recent years.  A release from the White House showed that, in the year that Biden entered the presidential race with Donald Trump, he and his wife only made $607,336 ...

President Trump criticizes Supreme Court’s failure to block Democrats from accessing his personal financial records

New York 02/22/21, 23:49

America's highest court should never have allowed a political party to access private financial records, a former president said. Donald Trump expressed deep concern about the Supreme Court's latest decision against blocking the Democratic Party from using his personal financial information. "The Supreme Court never should have let this 'fishing expedition' happen ...

Democratic House Speaker Pelosi declares President Trump’s $400 million debt a matter of ‘national security’

2022 Campaign 09/29/20, 03:32

An elected official responsible for ensuring the Democratic Party passes legislation in the House called that the money the president privately owes a threat to national safety. House Speaker Nancy Pelosi (D-Calif.) strangely compared President Donald Trump's personal debt to significant national security risks like terrorism, war, or even espionage. "This president ...

Democratic presidential hopeful discloses his taxes and his rival Kamala Harris replies to him

U.S. 11/22/19, 14:03

Just 75 days before the first Democratic primary vote, Sen. Kamala Harris (D-Calif.) boasted Wednesday, Nov. 20, that she had never worked in the private sector. "For my entire career, I've only had one client: The People," Harris wrote on her Twitter account. https://twitter.com/KamalaHarris/status/1197234478013440000?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1197234478013440000&ref_url=https%3A%2F%2Fbles.com%2Famerica%2Fnoticias-aspirante-democrata-a-la-presidencia-insta-a-declarar-los-impuestos-y-su-rival-kamala-harris-le-responde.html The tweet was in response to an NBC reporter ...

President Trump reacts to judge ruling to turn over 8 years of tax returns

Politics 10/07/19, 12:53

A federal judge Monday emphatically rejected President Donald Trump’s challenge to the release of his tax returns to New York prosecutors.  The president’s lawyers immediately appealed to the 2nd U.S. Circuit Court of Appeals, and it granted a temporary stay of the judge’s ruling “pending expedited review” by the court. “The Radical ...

Trump administration rejects subpoena for tax returns

Politics 05/17/19, 18:39

The Trump administration on Friday missed another deadline to produce President Donald Trump's tax returns. A top House Democrat said he expects to take the administration to court as early as next week over the matter. Treasury Secretary Steven Mnuchin said in a letter that he will not comply with a ...

Update: Trump says report he lost over $1B ‘inaccurate’

Politics 05/08/19, 07:23

The Latest on President Donald Trump's taxes (all times local): 7:22 a.m. President Donald Trump says a New York Times report that his businesses lost more than $1 billion from 1985 to 1994 is "highly inaccurate." The newspaper, citing information from Trump's tax transcripts, reported business losses of $46.1 million in 1985, and ...

Treasury denies Democrats’ request for Trump tax returns

Politics 05/06/19, 17:32

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin has made it official: The administration won’t be turning President Donald Trump’s tax returns over to the Democratic-controlled House of Representatives. Mnuchin told Ways and Means Committee Chairman Richard Neal in a Monday letter that the panel’s request “lacks a legitimate legislative purpose.” In making ...

Trump tax return case hinges on IRS statute, Supreme Court precedent

Politics 04/25/19, 04:47

President Donald Trump called a Democrat-controlled House committee’s subpoena of his tax and financial records “ridiculous” on Wednesday, April 24, two days after his lawyers sued to block the compulsory request.  Legal experts predict the matter will end up as a separation-of-powers case before the Supreme Court. The question likely would contrast ...

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