Trump's tax returns to be given to Congress, DOJ says
The Justice Department now says the IRS must give former President Trump's tax returns to Congress. Dave Clarke, White House editor for the Washington Post, joined CBSN's Lana Zak for more.
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The Justice Department now says the IRS must give former President Trump's tax returns to Congress. Dave Clarke, White House editor for the Washington Post, joined CBSN's Lana Zak for more.
Manhattan prosecutors have charged the Trump Organization and its chief financial officer, Allen Weisselberg, in an alleged 15-year tax fraud scheme. CBS News chief Justice and Homeland Security correspondent Jeff Pegues reports from New York, and CBS News legal analyst Rikki Klieman joins CBSN with analysis.
The IRS on Tuesday said it has sent almost $390 billion in direct aid to about 164 million U.S. households. Households in Utah have received the largest stimulus checks in the third round of direct payments with an average windfall of $2,784.
Top Trump Organization executive Allen Weisselberg is expected to be arraigned in Manhattan today. A grand jury indicted him and the Trump Organization over potential tax crimes. CBS News legal contributor and former Manhattan prosecutor Rebecca Roiphe joins CBSN with analysis.
A new IRS tool will help millions of low-income Americans file for their 2021 child tax credit. The monthly payments will begin July 15 and extend through the year. While Democrats are trying to make the current payments permanent, Republicans are looking to introduce their own version of the credit. CBS News reporter Sarah Ewall-Wice joined CBSN's Elaine Quijano to discuss.
The IRS is holding 29 million tax returns for manual processing, delaying tax refunds for many Americans, according to the National Taxpayer Advocate Service, an independent arm of the tax agency that looks out for consumers' interest. Some taxpayers are fretting on social media about weeks of waiting for their money. CBS News Moneywatch reporter Aimee Picchi joins CBSN AM to talk about the delays.
This week's jobs report shows a jump in new unemployment claims after several months of decline. Bankrate senior economic analyst Mark Hamrick joins CBSN to explain the latest spike and how President Biden's stimulus package may reverse the trend.
Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano to explain why millions of people who filed their taxes early are still waiting for their refunds, and how stimulus payments might be causing a delay. The IRS is delaying this year's deadline to May 17.
Former President Trump suffered a major defeat at the Supreme Court after it rejected his bid to withhold his tax returns from the Manhattan district attorney, who is investigating the Trump Organization.
Tax experts are suggesting that people file their 2020 tax returns as soon as possible this year in order to help make sure they receive as much as they're entitled to if Congress passes another round of stimulus checks. CBS MoneyWatch reporter Aimee Picchi joins CBSN AM to discuss.
President Trump and former Vice President Joe Biden will go head-to-head in Tuesday night's first presidential debate. The president is expected to defend himself against a looming New York Times report about his tax returns while challenging his Democratic opponent on the pandemic, economy and the Supreme Court. Ed O'Keefe reports.
President Trump and Joe Biden are preparing for their first head-to-head presidential debate of the 2020 election cycle. It comes after The New York Times reported on the president's tax records over the past several years. CBS News 2020 campaign reporters Nicole Sganga and Bo Erickson joined CBSN with the latest.
President Trump is on the defensive after a New York Times article revealed information about his tax records that he has spent years concealing. The Times report comes ahead of the first presidential debate between Mr. Trump and Joe Biden. CBS News White House correspondent Paula Reid reports on what the newspaper found, and CBSN political reporter Caitlin Huey-Burns joined CBSN from Cleveland to discuss the upcoming debate.
President Trump on Sunday called a New York Times report that alleged he paid only $750 in federal income taxes in 2016 and 2017 and paid no federal income tax in 10 of the years reviewed "fake news."
While the rules of the road for taxpayers aren't too different this year, some new laws are still worth noting before you file. CPA Jonathan Medows breaks down the biggest changes.
A federal appeals court has blocked House Democrats from enforcing a subpoena for former White House counsel Don McGahn to testify. CBSN legal contributor Keir Dougall joined CBSN's Elaine Quijano to explain the controversy.
Prosecutors in New York are citing "possible criminal activity" at the Trump Organization in a bid to access the president's tax returns. Legal analyst Keir Dougall joins CBSN to talk about the significance of a new court filing.
President Trump is heading to Florida to visit the Pentagon's Southern Command. This comes a day after the Supreme Court's rulings on his tax returns. CBS News White House correspondent Paula Reid joins CBSN to discuss the latest developments, including new details on Michael Cohen and Roger Stone.
The Supreme Court ruled Thursday on two separate cases regarding President Trump's financial records. Skyler Henry reports on the details of the High Court's decisions and Loyola law professor Jessica Levinson joins CBSN's Lana Zak to discuss the legal implications.
The Supreme Court has issued two key rulings on cases involving President Trump's tax returns. CBS News White House correspondent Paula Reid joins CBSN to talk about the decisions and the reaction.
The Supreme Court has ruled that Manhattan prosecutors can access President Trump's financial records, but Congressional investigators cannot for now. Ilya Shapiro, director of the Robert A. Levy Center for Constitutional Studies at the Cato Institute, joined CBSN with details on the rulings.
The U.S. Supreme Court ruled against President Trump in a case involving investigation into his financial history. CBSN's Anne-Marie Green reports on the breaking news with CBS News chief Washington correspondent Major Garrett; legal contributor Keir Dougall; Ilya Shapiro, director of the Robert A. Levy Center for Constitutional Studies at the Cato Institute; and CBS News White House correspondent Paula Reid.
A federal judge has cleared the way for New York prosecutors to get their hands on Donald Trump's tax returns. But the president's lawyers quickly appealed and blocked the order. CBS News' Lisa Mateo reports from New York.
Americans who get supplemental income set to get the money by direct deposit, while checks go out on Friday.
CBS News campaign reporter Ben Mitchell joins CBSN's "Red and Blue" to discuss why 2020 Democratic presidential candidate Andrew Yang hasn't released his tax returns yet and how his campaign plans to grow support ahead of the election.