#internal-revenue-service — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #internal-revenue-service, aggregated by home.social.
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The New York Times - Breaking News, US News, World News and Videos [Unofficial] @[email protected] ·We Have to Take the Future of A.I. Into Our Own Hands
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The New York Times - Breaking News, US News, World News and Videos [Unofficial] @[email protected] ·We Have to Take the Future of A.I. Into Our Own Hands
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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: https://www.theguardian.com/commentisfree/2026/may/27/trump-corruption-autocracy
#DonaldTrump #JudithLevine #InternalRevenueService #SupremeCourt #uspolitics
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"The fact that I'm president #Trump's personal lawyer, is just a fact."
— Acting Attorney General #ToddBlanche about controlling #DonaldTrump's #Jan6th #SlushFund from the #TrumpVInternalRevenueService caseNot surprising, knowing that #MAGA cares little for facts
#Jan6thInsurrection #January6th #January6thInsurrection #CapitolRiot #uspol #politics #Jan6thSlushFund #InternalRevenueService #TrumpTaxReturns #TrumpTaxAvoidance
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"The fact that I'm president #Trump's personal lawyer, is just a fact."
— Acting Attorney General #ToddBlanche about controlling #DonaldTrump's #Jan6th #SlushFund from the #TrumpVInternalRevenueService caseNot surprising, knowing that #MAGA cares little for facts
#Jan6thInsurrection #January6th #January6thInsurrection #CapitolRiot #uspol #politics #Jan6thSlushFund #InternalRevenueService #TrumpTaxReturns #TrumpTaxAvoidance
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Today in Chicago History: Cubs catcher Michael Barrett punches White Sox catcher A.J. Pierzynski https://www.rawchili.com/mlb/703912/ #ArgonneNationalLaboratory #Baseball #Chicago #ChicagoArea #ChicagoBulls #ChicagoCubs #ChicagoTribune #ChicagoWhiteSox #ChicagoWhiteSox #InternalRevenueService #MichaelBarrett #MilwaukeeBrewers #MLB #NationalWeatherService #NewYorkKnicks #UniversityOfChicago #WellsBurt #WhiteSox #WhiteSox
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‘War tax resistance’ gains attention — but IRS penalties apply
Chicago attorney Rachel Cohen owes more than $8,000 in federal income taxes — but has intentionally left that…
#NewsBeep #News #BreakingNews #breakingnews #businessnews #Chicago #Governmenttaxationandrevenue #internalrevenueservice #Iran #Nationaltaxes #Personalsaving #personal-finance #Securitiesfraud #Socialissues #Taxplanning #taxrefunds #Taxes #UnitedStates #War
https://www.newsbeep.com/446287/ -
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. -
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 -
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 -
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 -
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 -
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 -
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. -
Frank Bisignano, the current Social Security Administration Commissioner, has been appointed as the first-ever CEO of the Internal Revenue Service, the Treasury Department announced on Monday. https://english.mathrubhumi.com/news/world/treasury-department-appoints-frank-bisignano-as-new-irs-ceo-in-dual-role-move-hdkfkhld?utm_source=dlvr.it&utm_medium=mastodon #FrankBisignano #IRS #InternalRevenueService #UnitedStates
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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... - https://www.coindesk.com/policy/2025/10/01/u-s-senate-hearing-on-crypto-taxes-reveals-headaches-for-both-industry-and-irs #internalrevenueservice #cryptotaxes #u.s.senate #coinbase #policy #news #tax
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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... - https://www.coindesk.com/policy/2025/10/01/u-s-senate-hearing-on-crypto-taxes-reveals-headaches-for-both-industry-and-irs #internalrevenueservice #cryptotaxes #u.s.senate #coinbase #policy #news #tax
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State of Crypto: Unsettled U.S. Crypto Tax Scene - The latest news out of the Internal Revenue Services is another high-profile crypto exit,... - https://www.coindesk.com/policy/2025/08/28/state-of-crypto-unsettled-u-s-crypto-tax-scene #internalrevenueservice #u.s.treasurydepartment #stateofcrypto #regulation #cryptotax #policy #news
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State of Crypto: Unsettled U.S. Crypto Tax Scene - The latest news out of the Internal Revenue Services is another high-profile crypto exit,... - https://www.coindesk.com/policy/2025/08/28/state-of-crypto-unsettled-u-s-crypto-tax-scene #internalrevenueservice #u.s.treasurydepartment #stateofcrypto #regulation #cryptotax #policy #news
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Head of IRS Crypto Work Exits as U.S. Tax Changes Loom For Digital Assets - The head of the U.S. Internal Revenue Service's digital assets unit, Trish Turner, is lea... - https://www.coindesk.com/policy/2025/08/22/head-of-irs-crypto-work-exits-as-u-s-digital-assets-tax-changes-loom #internalrevenueservice #cryptotaxes #donaldtrump #regulation #policy #news #tax
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Head of IRS Crypto Work Exits as U.S. Tax Changes Loom For Digital Assets - The head of the U.S. Internal Revenue Service's digital assets unit, Trish Turner, is lea... - https://www.coindesk.com/policy/2025/08/22/head-of-irs-crypto-work-exits-as-u-s-digital-assets-tax-changes-loom #internalrevenueservice #cryptotaxes #donaldtrump #regulation #policy #news #tax
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Trump Taps Palantir to Compile Data on Americans - The Trump administration has expanded Palantir’s work with the government, spreading the ... - https://www.nytimes.com/2025/05/30/technology/trump-palantir-data-americans.html #governmentefficiencydepartment(us) #unitedstatespoliticsandgovernment #governmentcontractsandprocurement #data-mininganddatabasemarketing #executiveordersandmemorandums #homelandsecuritydepartment #computersandtheinternet #internalrevenueservice #karpalex
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Trump Taps Palantir to Compile Data on Americans - The Trump administration has expanded Palantir’s work with the government, spreading the ... - https://www.nytimes.com/2025/05/30/technology/trump-palantir-data-americans.html #governmentefficiencydepartment(us) #unitedstatespoliticsandgovernment #governmentcontractsandprocurement #data-mininganddatabasemarketing #executiveordersandmemorandums #homelandsecuritydepartment #computersandtheinternet #internalrevenueservice #karpalex
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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... - https://www.coindesk.com/policy/2025/04/30/coinbase-leaps-into-supreme-court-case-in-defense-of-user-data-going-to-irs #internalrevenueservice #u.s.supremecourt #coinbase #privacy #policy #legal #news
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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... - https://www.coindesk.com/policy/2025/04/30/coinbase-leaps-into-supreme-court-case-in-defense-of-user-data-going-to-irs #internalrevenueservice #u.s.supremecourt #coinbase #privacy #policy #legal #news
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President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi - With a signature from President Donald Trump, the decentralized financial (DeFi) corner o... - https://www.coindesk.com/policy/2025/04/07/president-trump-signs-resolution-erasing-irs-crypto-rule-targeting-defi #internalrevenueservice #breakingnews #u.s.congress #donaldtrump #topstories #policy #defi
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President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi - With a signature from President Donald Trump, the decentralized financial (DeFi) corner o... - https://www.coindesk.com/policy/2025/04/07/president-trump-signs-resolution-erasing-irs-crypto-rule-targeting-defi #internalrevenueservice #breakingnews #u.s.congress #donaldtrump #topstories #policy #defi
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Crypto's IRS Victory Reveals Reach in Congress That Demands Less Compromise - U.S. crypto lobbyists watched with excitement in recent days as a pair of votes cemented ... - https://www.coindesk.com/news-analysis/2025/03/13/crypto-s-irs-victory-reveals-reach-in-congress-that-demands-less-compromise #internalrevenueservice #cryptolobbying #newsanalysis #u.s.congress #democrats #tax
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Crypto's IRS Victory Reveals Reach in Congress That Demands Less Compromise - U.S. crypto lobbyists watched with excitement in recent days as a pair of votes cemented ... - https://www.coindesk.com/news-analysis/2025/03/13/crypto-s-irs-victory-reveals-reach-in-congress-that-demands-less-compromise #internalrevenueservice #cryptolobbying #newsanalysis #u.s.congress #democrats #tax
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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... - https://www.coindesk.com/policy/2025/03/04/effort-to-kill-irs-crypto-rule-clears-u-s-senate-hurdle #u.s.houseofrepresentatives #internalrevenueservice #breakingnews #donaldtrump #ussenate #policy #defi
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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... - https://www.coindesk.com/policy/2025/03/04/effort-to-kill-irs-crypto-rule-clears-u-s-senate-hurdle #u.s.houseofrepresentatives #internalrevenueservice #breakingnews #donaldtrump #ussenate #policy #defi
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President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed - The White House is signaling a likely approval from President Donald Trump if a congressi... - https://www.coindesk.com/policy/2025/03/04/president-warming-up-his-pen-to-sign-resolution-to-kill-irs-crypto-rule-if-passed #internalrevenueservice #breakingnews #donaldtrump #whitehouse #ussenate #policy #defi
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President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed - The White House is signaling a likely approval from President Donald Trump if a congressi... - https://www.coindesk.com/policy/2025/03/04/president-warming-up-his-pen-to-sign-resolution-to-kill-irs-crypto-rule-if-passed #internalrevenueservice #breakingnews #donaldtrump #whitehouse #ussenate #policy #defi
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U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source - The U.S. Senate is poised to vote this week on reversing an Internal Revenue Service (IRS... - https://www.coindesk.com/policy/2025/03/03/u-s-senate-expected-to-vote-on-erasing-irs-s-crypto-broker-rule-that-threatens-defi-source #consumerfinancialprotectionbureau #internalrevenueservice #u.s.congress #breakingnews #u.s.senate #policy #defi
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U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source - The U.S. Senate is poised to vote this week on reversing an Internal Revenue Service (IRS... - https://www.coindesk.com/policy/2025/03/03/u-s-senate-expected-to-vote-on-erasing-irs-s-crypto-broker-rule-that-threatens-defi-source #consumerfinancialprotectionbureau #internalrevenueservice #u.s.congress #breakingnews #u.s.senate #policy #defi
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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.
#USA #USGov #USGovernment #trump
#InternalRevenueService #taxes -
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.
#USA #USGov #USGovernment #trump
#InternalRevenueService #taxes -
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
https://www.thedailybeast.com/musk-says-hes-deleted-popular-free-irs-tax-filing-program/
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IRS Issues Crypto Relief, XRP Market Update, and More — Week in Review - IRS issues crypto relief, XRP market update, the Bitcoin quantum computing debate,... - https://news.bitcoin.com/irs-issues-crypto-relief-xrp-market-update-and-more-week-in-review/ #internalrevenueservice(irs) #bitcoin(btc) #theweekly #xrp
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IRS Issues Crypto Relief, XRP Market Update, and More — Week in Review - IRS issues crypto relief, XRP market update, the Bitcoin quantum computing debate,... - https://news.bitcoin.com/irs-issues-crypto-relief-xrp-market-update-and-more-week-in-review/ #internalrevenueservice(irs) #bitcoin(btc) #theweekly #xrp
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IRS issues temporary relief on crypto cost-basis method changes - The IRS’ new rules could have been “disastrous” for crypto taxpayers dur... - https://cointelegraph.com/news/irs-united-states-temporary-relief-crypto-tax-cost-basis-methods #internalrevenueservice #shehanchandrasekera #cointracker
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IRS issues temporary relief on crypto cost-basis method changes - The IRS’ new rules could have been “disastrous” for crypto taxpayers dur... - https://cointelegraph.com/news/irs-united-states-temporary-relief-crypto-tax-cost-basis-methods #internalrevenueservice #shehanchandrasekera #cointracker
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DeFi has 3 options if IRS rule isn't rolled back — Alex Thorn - The United States Treasury Department and the Internal Revenue Service (... - https://cointelegraph.com/news/de-fi-3-options-irs-rule-isn-t-rolled-back-alex-thorn #internalrevenueservice #decentralizedfinance #irsreportingrule #irsfinalrule #defiirsrule #irs
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DeFi has 3 options if IRS rule isn't rolled back — Alex Thorn - The United States Treasury Department and the Internal Revenue Service (... - https://cointelegraph.com/news/de-fi-3-options-irs-rule-isn-t-rolled-back-alex-thorn #internalrevenueservice #decentralizedfinance #irsreportingrule #irsfinalrule #defiirsrule #irs
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Elon Musk: IRS relies on old computers, ‘can’t pass basic audits’ - The unofficial US head of government efficiency has declared himself a v... - https://cointelegraph.com/news/elon-musk-irs-relies-decades-old-computers-can-t-pass-basic-audits #departmentofgovernmentefficiency #internalrevenueservice #cryptocurrency #unitedstates #donaldtrump #blockchain #government #technology #elonmusk
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Elon Musk: IRS relies on old computers, ‘can’t pass basic audits’ - The unofficial US head of government efficiency has declared himself a v... - https://cointelegraph.com/news/elon-musk-irs-relies-decades-old-computers-can-t-pass-basic-audits #departmentofgovernmentefficiency #internalrevenueservice #cryptocurrency #unitedstates #donaldtrump #blockchain #government #technology #elonmusk
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How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes - The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in ... - https://www.nytimes.com/2024/12/05/business/nvidia-jensen-huang-estate-taxes.html #inheritanceandestatetaxes #highnetworthindividuals #internalrevenueservice #nvidiacorporation #willsandestates #capitalgainstax #huangjen-hsun #computerchips #taxshelters #huanglori
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How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes - The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in ... - https://www.nytimes.com/2024/12/05/business/nvidia-jensen-huang-estate-taxes.html #inheritanceandestatetaxes #highnetworthindividuals #internalrevenueservice #nvidiacorporation #willsandestates #capitalgainstax #huangjen-hsun #computerchips #taxshelters #huanglori
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Smithsonian to display IRS laptop that tracked Bitfinex’s 120K stolen Bitcoin - The Smithsonian Institute has obtained the laptop owned by former IRS ag... - https://cointelegraph.com/news/bitfinex-hacker-tracking-irs-laptop-smithsonian-display #ilyalichtensteinheatherrazzlekhanmorgan #internalrevenueservice #departmentofjustice #chrisjanczewski #bitfinexhack #smithsonian
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Smithsonian to display IRS laptop that tracked Bitfinex’s 120K stolen Bitcoin - The Smithsonian Institute has obtained the laptop owned by former IRS ag... - https://cointelegraph.com/news/bitfinex-hacker-tracking-irs-laptop-smithsonian-display #ilyalichtensteinheatherrazzlekhanmorgan #internalrevenueservice #departmentofjustice #chrisjanczewski #bitfinexhack #smithsonian
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AI agents could be policing all crypto txs within 5 years: Chainalysis CEO - Chainalysis CEO Michael Gronager believes “it’s not much further away” b... - https://cointelegraph.com/news/ai-agents-soon-solve-crime-catch-criminals-chainalysis-ceo #internalrevenueservice #cryptoconference #michaelgronager #taxreporting #chainalysis #audit
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AI agents could be policing all crypto txs within 5 years: Chainalysis CEO - Chainalysis CEO Michael Gronager believes “it’s not much further away” b... - https://cointelegraph.com/news/ai-agents-soon-solve-crime-catch-criminals-chainalysis-ceo #internalrevenueservice #cryptoconference #michaelgronager #taxreporting #chainalysis #audit
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From Online Drug Lord to Crypto Entrepreneur, Blake Benthall Is Back in Business - After Blake Benthall was arrested for running Silk Road 2.0, the infamous illegal drug ba... - https://www.nytimes.com/2024/07/24/business/blake-benthall-silk-road-crypto.html #federalbureauofinvestigation #computersandtheinternet #internalrevenueservice #drugabuseandtraffic #silkroad(website) #bitcoin(currency) #benthallblake #blackmarkets #silkroad2.0 #start-ups
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From Online Drug Lord to Crypto Entrepreneur, Blake Benthall Is Back in Business - After Blake Benthall was arrested for running Silk Road 2.0, the infamous illegal drug ba... - https://www.nytimes.com/2024/07/24/business/blake-benthall-silk-road-crypto.html #federalbureauofinvestigation #computersandtheinternet #internalrevenueservice #drugabuseandtraffic #silkroad(website) #bitcoin(currency) #benthallblake #blackmarkets #silkroad2.0 #start-ups
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IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves - The U.S. Internal Revenue Services (IRS) has previewed what crypto investors' future tax ... - https://www.coindesk.com/policy/2024/04/19/irs-unveils-form-your-broker-may-send-next-year-to-report-your-crypto-moves/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #internalrevenueservice #regulations #rulemaking #taxcode #policy #news