IRS, Tariffs and Stimulus
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7hon MSN
Trump's library foundation got special treatment from the IRS during the government shutdown
Nonprofit attorneys said the 10-day turnaround Trump's foundation got on its tax-exempt status application is "virtually unheard of."
The Trump administration has axed a free online tax filing system, leaving hundreds of thousands of taxpayers facing high fees and more work in spring “Free” and “simple” aren’t typically associated with tax filing, but for nearly 300,000 Americans who used IRS Direct File in 2025, the process itself was not only free, but easier.
The new reforms protect fundamental taxpayer rights and could possibly save Americans money and stress. For example, without clear notice of the 60-day deadline, countless taxpayers may have unknowingly allowed IRS adjustments to become final simply because they didn't realize they had a limited window to respond.
Miami Herald on MSN
Trump Moves IRS to Probe Soros-Linked Groups
The Trump administration reportedly plans to reorganize the IRS Criminal Investigation division, directing staff to probe left-leaning donors and groups linked to violent protests and alleged antisemitic demonstrations.
Cryptopolitan on MSN
Trump White House considers framework to let IRS tax foreign American crypto holdings
The Trump administration has moved a step closer to joining an international agreement that would allow the Internal Revenue Service (IRS) to access information and tax Americans’ cryptocurrency holdings in foreign accounts.
The president backed away from Donald Korb after the conservative social media influencer Laura Loomer asserted that he was chummy with Democrats and had donated to Democratic candidates.
Inquisitr on MSNOpinion
Trump Axes IRS Direct File Program—and Taxpayers are Furious!
The Trump administration has been introducing several new financial decisions and policies that are not being widely welcomed by the public. Among such unpopular moves, one policy in particular has drawn widespread criticism.
The Senate was poised to confirm the White House’s choice for IRS chief counsel, right up until Trump decided he no longer supported his own nominee.
Money Talks News on MSN
Trump's IRS Abolishment Plan Could Transform Tax System
The Trump administration is taking concrete steps to eliminate the IRS while proposing tariffs as replacement revenue. Critics and economic experts question whether the math works for this dramatic tax system overhaul.
President Trump’s announcement came after the nominee, Donald L. Korb, came under fire from the far-right activist Laura Loomer on social media.
The Sacramento Bee on MSN
Critics Warn of Trump’s IRS Overhaul
The Trump administration has reportedly shifted the focus of IRS criminal investigations while reducing the roles of IRS lawyers in enforcement. It has also revised the Internal Revenue Manual, impacting the referrals of tax-exempt groups.