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#internal-revenue-service — Public Fediverse posts

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  1. The Guardian | Trump’s corruption leaves us cynical – and complacent | Judith Levine by Judith Levine

    AI generated summary, Read the full article for complete information.

    The article argues that Donald Trump’s recent actions constitute an unprecedented level of presidential corruption and impunity, exemplified by his creation of a $1.776 billion “anti‑weaponization” slush fund that uses taxpayer money to repay friends and possibly Jan. 6 participants in exchange for legal protection, as well as his willingness to divert public funds for personal projects like a privately‑funded White House ballroom and a triumphal arch without congressional approval. The piece contends that this unchecked self‑dealing erodes the rule of law, fuels popular cynicism, and normalizes autocratic behavior, warning that such cynicism can lead to fatalistic compliance that ultimately empowers the autocrat. It calls for a rejection of complacent cynicism and a renewed, hard‑won pessimism that acknowledges the depth of the problem while seeking winnable battles against authoritarian drift.

    Read more: theguardian.com/commentisfree/

    #DonaldTrump #JudithLevine #InternalRevenueService #SupremeCourt #uspolitics

  2. Bessent Confirms Taxpayers Would Be Paying Trump If He Wins $10B Lawsuit

    The Treasury Secretary said it would come from the agency’s general fund for tax payments.

    murica.website/2026/02/bessent

  3. When I learned that Pres. Donald Trump was suing his own #InternalRevenueService, I assumed this was due to some excess when Joe Biden was president, but Seth Meyers reminded viewers that Trump is suing the IRS for something the IRS did when Trump was president in 2020. Trump is fully to blame for what the IRS did when Trump was president, but greedy Trump is suing them anyway.
    #Trump #greedy #ConfictOfInterest #dishonest #politics

  4. When I learned that Pres. Donald Trump was suing his own #InternalRevenueService, I assumed this was due to some excess when Joe Biden was president, but Seth Meyers reminded viewers that Trump is suing the IRS for something the IRS did when Trump was president in 2020. Trump is fully to blame for what the IRS did when Trump was president, but greedy Trump is suing them anyway.
    #Trump #greedy #ConfictOfInterest #dishonest #politics

  5. 9 Tax Deductions Middle Class Retirees Shouldn’t Miss in 2026 – AOL

    9 Tax Deductions Middle Class Retirees Shouldn’t Miss in 2026

    By Stacy Garrels, Sun, January 25, 2026 at 9:08 AM PST

    From article…

    Tax season can feel a lot different once you’ve retired. You’re no longer tracking multiple W-2s or trying to squeeze in last-minute business expenses, but that doesn’t mean your taxes automatically get any easier.

    Many middle-class retirees navigate multiple income sources, pay rising Medicare premiums, and assume certain deductions no longer apply once they stop working full-time.

    Yet some of the most valuable tax breaks available in retirement are either new, misunderstood, or commonly overlooked. You can avoid retirement mistakes by keeping these key tax deductions on your radar for 2026.

    Find Out: 14 benefits seniors are entitled to but often forget to claim

    1. New senior deduction for those 65+

    If you’re 65 or older, a new temporary senior deduction may reduce your taxable income. For retirees within certain income brackets, this deduction allows you to exclude up to $6,000 from taxable income between 2025 and 2028.

    This deduction is separate from the standard deduction, which means eligible retirees could further lower their taxable income without having to itemize. Although not all income levels will qualify, it’s a meaningful benefit that’s worth checking into before you file.

    Who really has the cheapest auto insurance in your area? Check your zip code here.

    2. Using HSA funds for Medicare premiums

    Health Savings Accounts (HSAs) don’t lose their value once you retire. If you’ve built up an HSA balance, you can continue using those funds tax-free for qualified medical expenses, which include your Medicare premiums.

    Part B premiums alone can run over $200 a month for most retirees. Paying those costs from an HSA instead of taxable income can stretch your retirement dollars further and reduce overall tax burden.

    3. Family gifting within annual limits

    Most retirees won’t face the federal estate tax, but gifting rules can still play a role in tax planning for you and your loved ones. Each year, you can give up to the annual gift exclusion amount to as many people as you want without triggering gift taxes or filing additional paperwork.

    Continue/Read Original Article Here: 9 Tax Deductions Middle Class Retirees Shouldn’t Miss in 2026 – AOL

    #AOL #InternalRevenueService #IRS #List #MiddleClass #NineOptions #Retirees #TaxDeductions #Taxes
  6. Increasing numbers of people are losing respect for the Supreme Court because some of its members, including Clarence Thomas and Samuel Alito, took bribes from rich people, but those thieves were not punished for their crimes. Joe Biden has many faults, and one of his failures was the failure of the IRS to hold Clarence Thomas and Samuel Alito accountable for the taxes they did not pay on the bribes they received. Those bribes are taxable income.
    #InternalRevenueService #politics #ethics

  7. Increasing numbers of people are losing respect for the Supreme Court because some of its members, including Clarence Thomas and Samuel Alito, took bribes from rich people, but those thieves were not punished for their crimes. Joe Biden has many faults, and one of his failures was the failure of the IRS to hold Clarence Thomas and Samuel Alito accountable for the taxes they did not pay on the bribes they received. Those bribes are taxable income.
    #InternalRevenueService #politics #ethics

  8. The IRS Is Installing Trump Loyalists to Probe Supposed “Antifa” Funding

    Several Trump loyalists are being placed in key IRS roles, while other oversight roles are being weakened.

    murica.website/2025/10/the-irs

  9. U.S. Senate Hearing on Crypto Taxes Reveals Headaches for Both Industry and IRS - A top tax executive for U.S. crypto exchange Coinbase suggested to U.S. senators at a Wed... - coindesk.com/policy/2025/10/01 #internalrevenueservice #cryptotaxes #u.s.senate #coinbase #policy #news #tax

  10. U.S. Senate Hearing on Crypto Taxes Reveals Headaches for Both Industry and IRS - A top tax executive for U.S. crypto exchange Coinbase suggested to U.S. senators at a Wed... - coindesk.com/policy/2025/10/01 #internalrevenueservice #cryptotaxes #u.s.senate #coinbase #policy #news #tax

  11. Coinbase Leaps Into Supreme Court Case in Defense of User Data Going to IRS - Coinbase (COIN) filed a brief in the U.S. Supreme Court case involving an Internal Revenu... - coindesk.com/policy/2025/04/30 #internalrevenueservice #u.s.supremecourt #coinbase #privacy #policy #legal #news

  12. Coinbase Leaps Into Supreme Court Case in Defense of User Data Going to IRS - Coinbase (COIN) filed a brief in the U.S. Supreme Court case involving an Internal Revenu... - coindesk.com/policy/2025/04/30 #internalrevenueservice #u.s.supremecourt #coinbase #privacy #policy #legal #news

  13. Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle - Strong support from many Democrats helped win a victory for a U.S. Senate effort to erase... - coindesk.com/policy/2025/03/04 #u.s.houseofrepresentatives #internalrevenueservice #breakingnews #donaldtrump #ussenate #policy #defi

  14. Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle - Strong support from many Democrats helped win a victory for a U.S. Senate effort to erase... - coindesk.com/policy/2025/03/04 #u.s.houseofrepresentatives #internalrevenueservice #breakingnews #donaldtrump #ussenate #policy #defi

  15. The #IRS fired ~6,500 employees yesterday. They worked “mostly in the compliance division, mean(ing) some collections and audits are likely to be paused.”

    They received a memo in their email that read, “Your continued employment at the Agency is not in the public interest” (per WSJ).

    The employees were escorted out of facilities nationwide yesterday afternoon.

    federalnewsnetwork.com/hiring-

    #USA #USGov #USGovernment #trump
    #InternalRevenueService #taxes

  16. The #IRS fired ~6,500 employees yesterday. They worked “mostly in the compliance division, mean(ing) some collections and audits are likely to be paused.”

    They received a memo in their email that read, “Your continued employment at the Agency is not in the public interest” (per WSJ).

    The employees were escorted out of facilities nationwide yesterday afternoon.

    federalnewsnetwork.com/hiring-

    #USA #USGov #USGovernment #trump
    #InternalRevenueService #taxes

  17. Despite 76% #bipartisan approval of #FreeFile #IRS tax fling option online, billionaire “special government employee,” #MelonHusk, announced today he has #deleted the #InternalRevenueService’s free filing option from it's web site

    thedailybeast.com/musk-says-he

  18. IRS Issues Crypto Relief, XRP Market Update, and More — Week in Review - IRS issues crypto relief, XRP market update, the Bitcoin quantum computing debate,... - news.bitcoin.com/irs-issues-cr #internalrevenueservice(irs) #bitcoin(btc) #theweekly #xrp

  19. IRS Issues Crypto Relief, XRP Market Update, and More — Week in Review - IRS issues crypto relief, XRP market update, the Bitcoin quantum computing debate,... - news.bitcoin.com/irs-issues-cr #internalrevenueservice(irs) #bitcoin(btc) #theweekly #xrp