Trump tax return

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Bad News for Trump on His Tax Returns

Judge rejects former president's lawsuit to shield them from Congress

(Newser) - Bad news for Donald Trump in his bid to keep his tax returns from Congress: A federal judge dismissed his case, ruling that the Treasury Department can in fact turn them over to Congress. But Judge Trevor McFadden, a Trump appointee, put his ruling on hold for 14 days pending...

Judge: House Panel Can See Some Trump Tax Records

Ruling allows access on issues related to emoluments clause

(Newser) - A judge agreed Wednesday that a House committee has a right to see former President Trump's tax records, within limits. US District Judge Amit Mehta in Washington said the House Oversight Committee may subpoena some of the documents from Trump's accounting firm, Mazars. The former president has fought...

Trump Asks Court to Block Release of Tax Returns

His lawyers say he's being targeted because of his 'political beliefs'

(Newser) - The legal wrangling over Donald Trump's tax returns outlasted his presidency—and it appears set to continue for much of President Biden's administration. Trump's lawyers have asked a federal court to permanently block the Treasury Department from handing his tax returns over to investigators and order an...

Justice Decides Against Trump on Tax Returns

Barring another twist, House panel will receive copies of the documents

(Newser) - The Justice Department, in a reversal, says the Treasury Department must provide the House Ways and Means Committee with former President Trump's tax returns, apparently ending a long legal showdown over the records. In a memo dated Friday, the Office of Legal Counsel said the committee chairman "has...

Manhattan DA: We've Got Trump's Tax Returns

Sources say Cy Vance's office has 'millions of pages' of documents

(Newser) - A Supreme Court decision earlier this week handed Donald Trump a "significant" defeat, ruling that prosecutors in New York be given eight years' worth of the former president's tax returns and other financials. The ball seems to be quickly rolling on that front: On Thursday, a rep for...

Supreme Court Hands Trump a Big Defeat

Justices clear the way for New York prosecutors to get his tax returns

(Newser) - The Supreme Court handed former President Trump what the AP calls a "significant" defeat on Monday, ruling that Trump must hand over eight years of tax returns and financial records to prosecutors in New York. The decision means that Manhattan District Attorney Cyrus Vance Jr. will get valuable information...

Trump's Hundreds of Millions in Debt Was Forgiven: NYT

And he paid almost no federal tax on it, records show

(Newser) - President Trump's lenders have forgiven some $287 million in debt that he's failed to repay since 2010, most of that stemming from the Trump International Hotel & Tower in Chicago, the New York Times reports in its latest foray into the president's tax records. Deutsche Bank and...

Court: Trump Still Needs to Hand Over His Tax Returns

Case set to return to SCOTUS

(Newser) - A case involving President Trump's tax returns is set to go to the Supreme Court for the second time this year. A federal appeals court handed Trump yet another defeat in the case Wednesday, ruling that Manhattan District Attorney Cyrus Vance Jr. can enforce a subpoena ordering Trump's...

Biden Just Released His Latest Tax Returns

Campaign calls it a 'historic level of transparency'

(Newser) - Joe Biden has ensured that only one candidate in Tuesday night's debate is likely to face questions about not releasing tax returns. Biden released his 2019 tax returns Tuesday, hours ahead of the debate, showing that he paid just under $300,000 in federal tax for the year, the...

Trump Lawyers Will Keep Fighting Tax Records Subpoena

They say SCOTUS ruling left room for challenges

(Newser) - A week after losing a Supreme Court ruling , President Trump’s lawyers said Wednesday they're considering challenging subpoenas for his tax records by criminal prosecutors on grounds that the subpoenas are a fishing expedition or a form of harassment or retaliation against him. The plans were outlined in a...

Supreme Court Divided Over Trump Tax Returns

Court may reject his claim that he's immune from investigation while in office

(Newser) - The Supreme Court on Tuesday appeared likely to reject President Trump's claim that he is immune from criminal investigation while in office. But the court seemed less clear about exactly how to handle subpoenas from Congress and the Manhattan district attorney for Trump's tax, bank, and financial records,...

Mnuchin Balked on Trump's Tax Returns. Watchdog: OK

Treasury sec's decision was based on DOJ advice, which acting Treasury IG didn't comment on

(Newser) - A watchdog has found that the Treasury Department appropriately handled Congress' request for President Trump's tax returns, which Treasury Secretary Steven Mnuchin has refused to provide. Rep. Richard Neal, the Massachusetts Democrat who chairs the House Ways and Means Committee, asked acting inspector general for the Treasury, Rich Delmar,...

Trump to SCOTUS: Void Financial Records Subpoena

President asks Supreme Court to void House subpoena

(Newser) - President Trump asked the Supreme Court on Thursday to void a subpoena from the House of Representatives that seeks the president's financial records from his accounting firm, the AP reports. The justices already have shielded the documents from being turned over while they consider whether to hear Trump's...

Trump Loses Another Court Battle on Financial Records

Supreme Court is next

(Newser) - At some point soon, the Supreme Court will have to step in and decide once and for all: Can Congress look at President Trump's financial records? On Tuesday, Trump lost another legal battle to keep them private, this one in federal appeals court, reports Politico . The 2nd US Circuit...

High Court Puts Hold on Trump Tax Returns

Stay will be effect until justices decide whether to take case

(Newser) - The Supreme Court kept a lower court ruling from taking effect Monday that would have allowed Congress to see President Trump's financial records, including tax returns. The justices were the last chance remaining for the president's lawyers, who had lost their arguments for not turning over the records...

In California, a Victory for Trump in Tax Return Fight

State's high court strikes down law requiring candidates to submit tax returns

(Newser) - President Trump does not have to disclose his tax returns to appear as a candidate on California’s primary ballot next spring, a unanimous state Supreme Court ruled Thursday. The court said the law, the first of its kind in the nation and aimed squarely at Trump, was unconstitutional because...

Supreme Court Needs Some Time on Trump Tax Returns

High court's chief justice issues delay so court can figure out how to handle dispute

(Newser) - Chief Justice John Roberts is ordering an indefinite delay in the House of Representatives’ demand for President Trump’s financial records to give the Supreme Court time to figure out how to handle the high-stakes dispute, the AP reports. Roberts’ order Monday contains no hint about what the court ultimately...

Trump Takes Tax Return Fight With New York to the Top

President argues immunity, asks justices to take up case this term

(Newser) - Arguing that he's protected from criminal proceedings while in office, President Trump has asked the Supreme Court to reverse a lower court's order that he turn over financial records and tax returns to New York prosecutors. "We assert that the subpoena violates the US Constitution and therefore...

Court Rejects Trump's Appeal in Fight Over Financial Records

President expected to appeal to Supreme Court

(Newser) - A federal appeals court will not take up President Trump’s appeal of a ruling that his accounting firm must turn over financial records to Congress . The order was handed down Wednesday by the US Court of Appeals for the District of Columbia Circuit. It is almost certain that Trump...

Trump Loses a Round on New York Tax Returns

President has other options to thwart House Democrats

(Newser) - A federal judge on Monday tossed President Trump's attempt to keep House Democrats from getting to his state tax returns. Judge Carl Nichols ruled that the case mostly involves New York state law, so his Washington, DC, court isn't the place to consider it. The issue involves a...

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