Former President Donald Trump has lost an appeal to keep six years of his income tax returns shielded from the House Ways and Means Committee, amid a longstanding battle between the Democrat-led House and Trump over his financial records. U.S. District Judge Trevor McFadden, a Trump nominee, had in December 2021 dismissed Trump’s effort to block the Department of…
Judge Denies Trump Lawsuit Aimed at Shielding Tax Returns From Congress
A federal judge late Tuesday rejected an attempt by former President Donald Trump to shield his tax returns from Congress. Trump had charged that the House Ways and Means Committee, led by Rep. Richard Neal (D-Mass.), did not have a legitimate legislative purpose for pursuing his returns. Neal had said the purpose was to make…
TurboTax Maker Intuit to Buy Mailchimp for About $12 Billion in a Data Play
Intuit Inc., known for its small-business accounting and DIY tax-filing software, said on Monday it will acquire digital marketing company Mailchimp for about $12 billion in a cash-and-stock deal. The deal, expected to close by the second quarter of fiscal 2022, is Intuit’s biggest-ever acquisition. It will be financed through cash on hand and new…
Twitter Takes No Action Against ProPublica Story on ‘Illegal’ Tax Leaks Despite Censoring Hunter Biden Coverage
Twitter took no action on a ProPublica story published Tuesday based on the “illegal” leak of confidential tax information of the nation’s wealthiest people that was shared widely on its platform. Twitter’s inaction on the tax leak story comes after the social media network outright blocked users in the run-up to the 2020 election from…
New York AG Says Supreme Court Ruling on Trump Tax Returns Has No Impact on Probe
New York Attorney General Letitia James said Monday that the Supreme Court ruling on former President Donald Trump’s tax returns will have no effect on her civil probe into Trump’s taxes. James made the remarks to Andrew Sorkin, host of The New York Times’ DealBook D.C. Policy Project, in response to a question about whether…
Judge: Treasury Department Must Tell Trump Before Releasing Tax Returns
A federal judge said Friday that the Treasury Department must give former President Donald Trump notice before releasing his tax returns to Congress. District Court Judge Trevor McFadden, a Trump appointee, ruled that Trump must be given 72 hours notice, according to an order filed on the court docket. Both parties were also ordered to…
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