IRS audit revenue plunged following workforce reductions, watchdog finds
IRS audits collected $3.5 billion less in fiscal 2025 as the agency shed thousands of auditors and other agency staffers.
Watch CBS News
IRS audits collected $3.5 billion less in fiscal 2025 as the agency shed thousands of auditors and other agency staffers.
The disclosure requirement would be added to the Form 990, the annual return that nonprofit groups file with the IRS.
Acting Attorney General Todd Blanche may be confirmed by a key Senate committee after he rescinded an "anti-weaponization fund" proposed by the Justice Department. CBS News' Nikole Killion reports.
Several businesses with ties to President Trump are distancing themselves from a controversial tax settlement involving the Internal Revenue Service. CBS News' Jake Rosen has the scoop.
The Senate vote to advance Todd Blanche's nomination for attorney general was postponed after two key Republicans threatened to vote against him. CBS News' Olivia Rinaldi explains.
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
This week, a federal judge slammed President Trump, his lawyers, and the Justice Department over the president's lawsuit against the Internal Revenue Service. CBS News legal contributor Jessica Levinson has more details and analysis.
Senate Democrats including Elizabeth Warren, Ron Wyden, and Chuck Schumer are pressing businesses linked to President Trump about his settlement with the IRS barring the agency from pursuing certain tax claims against him, questioning whether it covers affiliated firms. Jake Rosen reports.
The IRS is permanently blocked from pursuing claims against President Trump and his family members following a lawsuit settlement. Senate Democrats are now asking 11 organizations with ties to the Trumps to explain whether they are included in the deal. Bradley Blackburn has more.
Democratic Sens. Elizabeth Warren, Chuck Schumer and Ron Wyden are probing whether companies affiliated with the Trump family are included in a DOJ deal to resolve a lawsuit brought by President Trump.
President Trump called the idea of establishing what the White House calls an "anti-weaponization" fund, "the greatest thing," on Wednesday, and wouldn't say whether he's agreed to drop plans for it. Acting Attorney General Todd Blanche had told lawmakers this week that the fund would be dropped after a federal judge temporarily blocked its establishment. Ed O'Keefe has more.
Acting Attorney General Todd Blanche told lawmakers Tuesday that the Justice Department will not move forward with a controversial "anti-weaponization" fund. Former Deputy Assistant Attorney General Tom Dupree joins with analysis.
The Trump administration is planning to drop its controversial, nearly $1.8 billion so-called "anti-weaponization fund." CBS News chief White House correspondent Nancy Cordes reports.
After President Trump met with House Speaker Mike Johnson on Monday, the Justice Department announced it would be stopping work on a $1.776 billion "anti-weaponization" fund, citing a judge's ruling. CBS News senior White House and political correspondent Ed O'Keefe has the latest.
The Justice Department said Monday it will stop work on a $1.776 billion "anti-weaponization" fund. CBS News chief White House correspondent Nancy Cordes reports.
The Justice Department said Monday it will stop work on its "anti-weaponization fund" after a judge's ruling. CBS News' Ed O'Keefe and Jake Rosen have the latest.
Federal agents from FBI and IRS probed the SPLC's paid informant program starting in Trump's first term.
The new Justice Department "anti-weaponization" fund is facing scrutiny over its execution and enforcement. Rupa Bhattacharyya, legal director at the Institute for Constitutional Advocacy and Protection at Georgetown University Law School, joins with analysis.
Metropolitan Police officer Daniel Hodges is one of two law enforcement officers who defended the Capitol during the Jan. 6 riots and is suing to block the Trump administration's nearly $1.8 billion so-called "anti-weaponization" fund. He joins "The Daily Report" to discuss why.
President Trump's settlement with the IRS is getting mixed reactions from some Republicans and fierce pushback from Democrats. Former Republican Rep. Peter Meijer of Michigan and Democratic strategist Cameron French join with analysis.
The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement deal between the Justice Department and Mr. Trump.
The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement agreement that the Justice Department struck to resolve a lawsuit brought by Mr. Trump. CBS News Department of Justice reporter Jake Rosen has the details.
President Trump posted on social media Monday afternoon that the U.S. will not go through with attacks on Iran scheduled for Tuesday, at the request of Middle East allies. CBS News political reporter Zak Hudak has more.
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
President Trump and the Justice Department reached a settlement Monday in his $10 billion lawsuit against the IRS and Treasury Department over his leaked tax returns. CBS News' Jake Rosen has more.