internal revenue service

Mormon Church accused of stockpiling billions, avoiding paying taxes

The Church of Jesus Christ of Latter-day Saints, commonly referred to as the Mormon Church, responded Tuesday to a recently filed whistleblower complaint that accuses the church of stockpiling $100 billion in accounts intended for charitable works, misleading members and avoiding taxes.

IRS whistleblower declines to appear for transcribed interview

An IRS employee who is raising concerns about potential political interference in the presidential audit program is declining to voluntarily appear for a transcribed interview with the Senate Finance Committee, according to a source familiar with discussions.

Trump wanted to release his taxes in 2013

President Donald Trump's fight to keep his tax returns private is at odds with his own thinking in 2013 and 2014 that releasing them as part of a presidential bid would make him look like a smart businessman who had spent years lowering his taxable income, according to two people with firsthand knowledge of conversations at the time.

Documents: Congress has received president's tax info before

House Ways and Means Committee Democrats are arguing that newly reviewed documents dating to the Nixon administration reveal that the law a congressional committee used to request President Donald Trump's tax returns has been used to request presidential tax information from the IRS before and that committee received it.

The law is clear: Congress should get Trump's tax returns

The power of Congress to investigate and obtain documents to carry out its legislative powers and oversight of the executive branch is well established. The Supreme Court has long recognized that Congress' authority to obtain information necessary to conduct oversight and investigations is necessarily broad. In 1975, Chief Justice Warren Burger, reaffirmed that "'the scope of [Congress's] power of inquiry . . . is as penetrating and far-reaching as the potential power to enact and appropriate...

Key House Democrat issues subpoenas for Trump's tax returns

House Ways and Means Committee Chairman Richard Neal has issued subpoenas for President Donald Trump's tax returns, the committee told CNN on Friday, an escalation in the fight for the President's personal financial records and the latest step this week in Democrats' battle for information from the Trump administration.

Mnuchin vs. Democrats: 5 things to watch

Treasury Secretary Steven Mnuchin will face House lawmakers in back-to-back hearings Tuesday, his first appearance since Democrats formally requested President Donald Trump's tax returns.