Justice Dept. Struggles to Respond to Trump’s Suit Against IRS
https://fed.brid.gy/r/https://www.nytimes.com/2026/03/31/us/politics/trump-irs-lawsuit-doj.html
Justice Dept. Struggles to Respond to Trump’s Suit Against IRS
https://fed.brid.gy/r/https://www.nytimes.com/2026/03/31/us/politics/trump-irs-lawsuit-doj.html
Congress | Rick Scott sues contractor over leaked tax returns by By Gary Fineout
TALLAHASSEE, Florida — Sen. Rick Scott is suing a major government contractor for damages after his tax returns were leaked along with other prominent and wealthy figures, including President Donald Trump.
The Florida Republican on Monday filed a lawsuit against Booz Allen Hamilton, a management and technology consulting company, and a former employee of the contractor who was convicted of leaking the tax returns of Trump and other wealthy individuals to The New York Times and ProPublica.
“I am disgusted by the weaponization of government under President [Joe] Biden, and I look forward to Booz Allen being held accountable for its reckless failure to prevent its employee from unlawfully releasing the tax returns of thousands of people, including me and President Trump,” Scott posted on X about the lawsuit.
Read more: https://www.politico.com/news/2026/03/24/rick-scott-sues-booz-allen-00842416
#rickscott #boozallenhamilton #donaldtrump #charleslittlejohn #internalrevenueservice
‘No Tax on Overtime’ Rule Isn’t What Some Workers Were Expecting
Bessent Confirms Taxpayers Would Be Paying Trump If He Wins $10B Lawsuit
The Treasury Secretary said it would come from the agency’s general fund for tax payments.9 Tax Deductions Middle Class Retirees Shouldn’t Miss in 2026 – AOL
9 Tax Deductions Middle Class Retirees Shouldn’t Miss in 2026
By Stacy Garrels, Sun, January 25, 2026 at 9:08 AM PST
From article…Tax season can feel a lot different once you’ve retired. You’re no longer tracking multiple W-2s or trying to squeeze in last-minute business expenses, but that doesn’t mean your taxes automatically get any easier.
Many middle-class retirees navigate multiple income sources, pay rising Medicare premiums, and assume certain deductions no longer apply once they stop working full-time.
Yet some of the most valuable tax breaks available in retirement are either new, misunderstood, or commonly overlooked. You can avoid retirement mistakes by keeping these key tax deductions on your radar for 2026.
Find Out: 14 benefits seniors are entitled to but often forget to claim
1. New senior deduction for those 65+
If you’re 65 or older, a new temporary senior deduction may reduce your taxable income. For retirees within certain income brackets, this deduction allows you to exclude up to $6,000 from taxable income between 2025 and 2028.
This deduction is separate from the standard deduction, which means eligible retirees could further lower their taxable income without having to itemize. Although not all income levels will qualify, it’s a meaningful benefit that’s worth checking into before you file.
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2. Using HSA funds for Medicare premiums
Health Savings Accounts (HSAs) don’t lose their value once you retire. If you’ve built up an HSA balance, you can continue using those funds tax-free for qualified medical expenses, which include your Medicare premiums.
Part B premiums alone can run over $200 a month for most retirees. Paying those costs from an HSA instead of taxable income can stretch your retirement dollars further and reduce overall tax burden.
3. Family gifting within annual limits
Most retirees won’t face the federal estate tax, but gifting rules can still play a role in tax planning for you and your loved ones. Each year, you can give up to the annual gift exclusion amount to as many people as you want without triggering gift taxes or filing additional paperwork.
Continue/Read Original Article Here: 9 Tax Deductions Middle Class Retirees Shouldn’t Miss in 2026 – AOL
#AOL #InternalRevenueService #IRS #List #MiddleClass #NineOptions #Retirees #TaxDeductions #TaxesTrump Dangles Cash Payments to Assuage Affordability Concerns
https://fed.brid.gy/r/https://www.nytimes.com/2025/12/17/us/politics/trump-cash-payments.html
For ‘No Tax on Tips,’ the I.R.S. Gets Intimate
Trump Pulls Nominee for Top I.R.S. Lawyer
https://fed.brid.gy/r/https://www.nytimes.com/2025/11/14/us/politics/donald-korb-irs-trump.html