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From the outset, overworked agents were susceptible to corruption and political influence in deciding whose returns to audit. Franklin D. Roosevelt brazenly used IRS audits as a weapon against ...
President Trump has been trying to use the IRS for his own political purposes, in ways that may seem unprecedented. But ...
In addition to the numerous political controversies now roiling the agency, the IRS has made a 180-degree turn from the Biden to Trump administrations at the level of administrative policy.
The status means that the charitable contributions Harvard receives and its investment income on its $50 billion-plus ...
Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply.
In a thread on the social platform X, Summers warned of the broader implications of using the IRS to target political opponents. “Any self-respecting Treasury Secretary would resign rather have ...
The conclusion of the tax filing season Tuesday is about to ... The amount coming into the Treasury’s coffers also carries implications for the Federal Reserve’s balance sheet unwind, which ...
The IRS occasionally revokes tax exemptions for organizations engaged in excessive political or commercial ... could have far-reaching financial implications for the institution.
President Trump has been trying to use the IRS for his own political purposes, in ways that may seem unprecedented. But they're not. Former President Richard Nixon laid the groundwork more than ...