President Donald Trump and his family were supposedly granted an unprecedented tax immunity in a controversial recent settlement, but as one legal scholar explained for The Hill, this "bogus" pledge is already primed to backfire on him once a new president is in power.

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Trump administration's reported plan to let immigration authorities gain access to Internal Revenue Service data may face ...

Because of the increased IRS scrutiny of ERC claims, timing challenges associated with responding to the IRS, and the possibility that the taxpayer will have to file suit in federal court to receive its claim, taxpayers with unpaid claims, especially those ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The tax rules for how legal settlements are taxed are complicated. Most settlements for emotional distress are taxed, and ...

A group of congressional lawmakers are pressing federal officials to issue “prompt guidance” on tax issues for marijuana businesses in light of the Trump administration’s move to federally reschedule cannabis.

LOS ANGELES, July 19, 2025 (GLOBE NEWSWIRE) -- Legal Tax Defense, Inc., a trusted name in tax law representation, announces the expansion of its services through the addition of new legal staff, updated client support systems, and specialized offerings ...

Taxpayers sometimes find themselves opening an envelope bearing the return address of the Department of the Treasury. Inside may be an IRS notice assessing additional tax, proposing changes to prior filings, or demanding payment of balances that have ...