Account

The Actual News

Just the Facts, from multiple news sources.

IRS barred from auditing Trump’s old tax returns

IRS barred from auditing Trump’s old tax returns

Summary

The IRS is not allowed to look at President Donald Trump’s old tax returns, based on a recent legal agreement. This decision comes from a settlement in a lawsuit that President Trump filed against the IRS.

Key Facts

  • The IRS cannot audit President Trump’s past tax returns.
  • This restriction is part of a settlement between President Trump and the IRS.
  • The settlement was announced along with a one-page addendum.
  • The addendum was signed by Acting Attorney General Todd Blanche.
  • The lawsuit was originally filed by President Trump against the IRS.
  • The agreement prevents future IRS investigations of these tax returns.
  • The restriction is described as “forever barred,” meaning it is permanent.
  • The information was made public on a Tuesday.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.