Posts filtered by tags: Charles Rettig[x]


 

Dems Signal They’re Ready For Legal Battle As Treasury Stalls On Trump Taxes

As the Treasury Department continues to stall on a request for Trump’s tax returns from the House Ways and Means Committee, House Democrats on Monday laid out their likely path forward for gaining access to the documents. Rep. Judy Chu (D-CA) told reporters on a press call that if the IRS does not comply with Ways and Means Committee Chair Richard Neal (D-MA)’s request for Trump’s tax info, he “would likely issue a subpoena.” Should that be refused, “a legal battle would begin to assert Congr...
Tags: News, Congress, House, Treasury, Republican, Irs, Trump, Treasury Department, Chu, House Ways and Means, Neal, Ways and Means, Ways and Means Committee, Richard Neal, Steve Mnuchin, Bill Pascrell D NJ


Here’s the Law That Requires Mnuchin to Turn Over Trump’s Taxes, or Lose His Office and Go to Prison

Photo Illustration by Kelly Caminero The Daily Beast/GettyDonald Trump and his top White House aide declare that the administration will not give the president's tax returns to Congress, as required under a 1924 anti-corruption law. But both the Treasury secretary and the tax commissioner have been much more nuanced, saying that they will obey the law even as they delay actually doing so.I know why Treasury Secretary Steve Mnuchin and Charles Rettig, the IRS commissioner, are so cautious. Th...
Tags: New York, News, Congress, California, White House, Massachusetts, United States, House, New York Times, Treasury, Fox News, Goldman Sachs, Irs, Trump, Nixon, Congressional


White House Faces Deadline To Release Trump's Tax Returns

House Democrats gave IRS Commissioner Charles Rettig a Wednesday deadline to turn over President Trump's tax returns.
Tags: News, White House, House, Irs, Trump, Charles Rettig


IRS head: Average 2018 tax refund, $2,833, close to earlier

WASHINGTON (AP) — The head of the IRS, overseeing the most sweeping overhaul of the U.S. tax codes in three decades, says the average refund in this year’s tax-filing season, $2,833, worked out to be close to last year’s. Internal Revenue Service Commissioner Charles Rettig told Congress Wednesday that an increase is urgently needed in […]
Tags: Business, News, Congress, Washington, Ap, Nation, Irs, Internal Revenue Service, Charles Rettig


IRS commissioner to face lawmakers on Trump tax returns

WASHINGTON (AP) — IRS Commissioner Charles Rettig, asked to deliver President Donald Trump’s tax returns to a Democratic-controlled House panel, is facing off with lawmakers on Capitol Hill on Tuesday for the first time since last week’s request. Rettig is sure to face questions from a House Appropriations Committee panel on the topic Tuesday afternoon. […]
Tags: Business, News, Washington, Ap, Nation, House, Capitol Hill, Donald Trump, Irs, Trump, House Appropriations Committee, Rettig, Charles Rettig


Democrats will never see Donald Trump's tax returns vows key presidential aide

Democrats will "never" see President Donald Trump's tax returns, said White House chief of staff Mick Mulvaney on Sunday, as a new front opened in the confrontation between the administration and Congress. Mr Mulvaney accused Democrats of engaging in a "political stunt" and wanting "attention" after the chairman of the House Ways and Means Committee, Massachussetts congressman Richard Neal, asked the IRS to provide six years of Mr Trump's personal taxreturns and the returns for some of h...
Tags: News, Congress, Mexico, White House, Fox News, Donald Trump, Irs, Trump, Treasury Department, Neal, Richard Neal, Mick Mulvaney, Saul Loeb, Mulvaney, Charles Rettig, House Ways and Means Committee Massachussetts


How the super-rich defeated the IRS's crack Global High Wealth unit

In 2009, the IRS created a Global High Wealth Industry Group to audit the super-wealthy, staffing it with skilled lawyers and accountants who could unravel the webs of "trusts, foundations, limited liability companies, complex partnerships and overseas operations" that were used to hide the income of the super-rich from the tax-collector. A decade later, the group's track record is dismal. IRS privacy rules mean that little is known about how the group's audits were undertaken, defeated, an...
Tags: Post, Business, News, Elizabeth Warren, Piketty, Johnson, Donald Trump, Inequality, Irs, Aoc, Uncle Sam, Syracuse University, Jesse Eisinger, Paul Kiel, Guillotine Watch, A Fox For Every Henhouse


10 things that will trigger a tax audit

It's official. House Democrats have formally requested copies of the last six years of Donald J. Trump's personal and business federal tax returns. Trump has steadfastly refused to make public his taxes, breaking a modern-day tradition set by presidential candidates — and in-office presidents (and vice presidents) — of letting the public have a glimpse of White House 1040s. The main reason Trump has given for keeping his taxes private is that his personal and business filings are under audit. ...
Tags: Taxes, Obamacare, White House, House, Irs, Committee, Trump, Don, Congressional, Internal Revenue Service, Donald J Trump, Uncle Sam, Neal, Dirty Dozen, Newhouse School of Public Communications, House Ways and Means Committee


Trump Sets Up Battle Over House Democrats’ Tax Returns Demand

Jim Watson/AFP/GettyThe chairman of the House Ways and Means Committee has formally asked the Internal Revenue Service to hand over six years of President Trump’s tax returns, setting up what is expected to be a vicious court battle with the Trump administration as the president faces mounting scrutiny over his finances.In a letter to IRS Commissioner Charles Rettig, Rep. Richard Neal (D-MA) reportedly requested the agency hand over Trump’s “personal and business” tax returns from 2013 to 2018. ...
Tags: News, Congress, Politico, Nbc News, Treasury, The New York Times, The Daily Beast, Irs, Rudy Giuliani, Trump, Nixon, Brady, Internal Revenue Service, Cummings, Neal, JIM WATSON


More than $1.4 billion in tax refunds awaiting claims by taxpayers who didn't file in 2016

Photo by GotCredit via Flickr CC Most of the focus on tax refunds this year has been on how many people are unpleasantly surprised by how small they are. In many (probably most) cases, the relatively small refunds are because people didn't adjust their payroll withholding last year to account for the Tax Cuts and Jobs Act (TCJA) changes to income tax rates and earnings brackets. Now we have another refund situation that also can be blamed on filers, or actually on nonfilers. Yes, I'm talk...
Tags: Taxes, Massachusetts, Time, North Dakota, Idaho, Maine, Wisconsin, Ira, District Of Columbia, Irs, Don, Internal Revenue Service, Uncle Sam, EITC, Charles Rettig, GotCredit


Senator demands details on Michael Cohen banking data privacy breach by IRS employee

Michael Cohen makes his opening statement before the House Oversight Committee on Feb. 27, 2019. (C-SPAN video screenshot) We have a complicated relationship with money, particularly when it comes to divulging details about it in our personal lives. Few of us (outside of personal finance bloggers) want to say how much we make. We tend to be vague, saying we're doing fine or perhaps going as far as to say things like "in the high five figures." We're a little more forthcoming when it comes...
Tags: Taxes, Congress, Senate, White House, New York City, San Francisco, United States, Iowa, House Of Representatives, Treasury, Irs, Trump, Sfc, Senate Judiciary Committee, Cohen, Stormy Daniels


IRS filing season delays likely even though shutdown is over

The red light has changed to green for the IRS now that the longest federal government shutdown in U.S. history is over. (Photo by Kari Bluff via Flickr) The Internal Revenue Service should be fully staffed as we official start the 2019 tax filing season on Monday, Jan. 28. Holdover shutdown issues, however, still could cause delays, which many taxpayers and tax professionals already have experienced. Donald J. Trump signed into law late Friday, Jan. 25, a bill to end the longest federal ...
Tags: Taxes, Washington Post, White House, House, Treasury, Sam, Irs, Internal Revenue Service, Donald J Trump, American Institute, AICPA, White House Office of Management and Budget, Annette Nellen, Steven T Mnuchin, AICPA Tax Executive Committee, TCJA


Fed shutdown underscores why to adjust payroll withholding

Today should be payday for hundreds of thousands of federal government workers. The partial government shutdown, however, means they're not getting their money. And even though the White House, Treasury and the Internal Revenue Service say that the 2019 filing season will open at the end of January as it has in years past and that refunds will be issued, there's no guarantee that things will go smoothly. We are, after all, talking about Uncle Sam's operations. Can IRS meet refund challenge? T...
Tags: Taxes, Maryland, Treasury, Capitol Hill, Irs, Fed, Don, Internal Revenue Service, Uncle Sam, White House Treasury, Sen Chris Van Hollen, Benjamin Cardin, Charles Rettig, White House s Office of Management and Budget OMB, Bank of Uncle Sam


6 top tax issues of 2018 and what to expect in 2019

Whew! We made it through 2018, the first full year that the latest major tax law changes were in effect. Now we're about to see, depending on when Congress and the White House can agree to get the government (including the Internal Revenue Service) fully operational, if we can deal with the first tax filing season under those laws. But before we get lost in the intricacies of the Tax Cuts and Jobs Act (TCJA), I'm taking this one early day in 2019 to look at the six tax stories that turned out t...
Tags: Taxes, Supreme Court, Congress, California, Senate, White House, Virginia, Democrats, Gop, South Dakota, House, New Jersey, Treasury, Capitol Hill, Las Vegas, Party


Dems Request Admin, DOJ Officials Preserve Docs Related To Sessions Exit

Top Democrats sent letters to several Trump administration and Department of Justice officials on Wednesday, announcing their plans to probe  Attorney General Jeff Sessions’ departure and requesting preservation of all relevant documents. Reps. Jerrold Nadler (D-NY), Adam Schiff (D-CA), Elijah Cummings (D-MD) and Sen. Diane Feinstein (D-CA) sent the letters to Director of National Intelligence Dan Coats, W.H. Counsel Pat Cipollone, CIA Director Gina Haspel, U.S. Attorney Robert Khuzami, Treas...
Tags: News, Nsa, Fbi, Treasury, Department Of Justice, Doj, Irs, Trump, Elijah Cummings, Adam Schiff, Jeff Sessions, Jerrold Nadler, Robert Mueller, Steven Mnuchin, Gina Haspel, Chris Wray


United States: Rettig Starts Four-Year Term As IRS Commissioner - Ropes & Gray LLP

On October 1, Charles Rettig began his term as 49th Commissioner of the IRS. This gives the IRS a Commissioner for the first time in approximately one year, since his predecessor John Koskinen, an Obama appointee, stepped down in fall 2017.
Tags: News, Obama, United States, Irs, John Koskinen, Rettig, Gray LLP, Charles Rettig


United States: New IRS Commissioner Sworn In - Cadwalader, Wickersham & Taft LLP

Charles Rettig was sworn in as the 49th Commissioner of the IRS. Prior to his appointment, Mr. Rettig was a tax attorney at the law firm of Hochman, Salkin, Rettig, Toscher & Perez, P.C.
Tags: News, United States, Irs, Rettig, Cadwalader Wickersham, New IRS, Taft LLP, Charles Rettig, Hochman Salkin Rettig


New IRS commissioner begins work, faces lingering Democratic tax policy questions

Tax litigator Charles Rettig (far left) is sworn in on Oct. 1 as new IRS commissioner by his boss, Treasury Secretary Steven Mnuchin (far right). (Photo courtesy Mnuchin's Twitter account) It's official. Charles P. "Chuck" Rettig is the Internal Revenue Service's 49th commissioner. He moved into his new office on Monday, Oct. 1, almost 11 months after his predecessor, John Koskinen, left the job. After 36+ years with the California-based law firm of Hochman, Salkin, Rettig, Toscher & Pere...
Tags: Texas, Taxes, Congress, California, Oregon, Senate, Treasury, Capitol Hill, Wyden, Irs, Trump, U S Treasury, Congressional, Internal Revenue Service, Donald J Trump, Koskinen


New IRS commissioner begins work, faces lingering Democratic tax policy questions

Tax litigator Charles Rettig (far left) is sworn in on Oct. 1 as new IRS commissioner by his boss, Treasury Secretary Steven Mnuchin (far right). (Photo courtesy Mnuchin's Twitter account) It's official. Charles P. "Chuck" Rettig is the Internal Revenue Service's 49th commissioner. He moved into his new office on Monday, Oct. 1, almost 11 months after his predecessor, John Koskinen, left the job. After 36+ years with the California-based law firm of Hochman, Salkin, Rettig, Toscher & Pere...
Tags: Texas, Congress, California, Oregon, Senate, Marketing, Treasury, Capitol Hill, Wyden, Irs, Trump, U S Treasury, Congressional, Internal Revenue Service, Donald J Trump, Koskinen


New battles to end SALT cap waged on Capitol Hill & Albany

N.Y. Gov. Andrew Cuomo, second from right, and staff announce efforts to investigate what state officials says is the politicization of the new federal tax law limiting the deduction of state and local taxes. (Photo by Kevin Coughlin/Office of Governor Andrew M. Cuomo via Flickr) A lawsuit fighting the new federal cap on deductible state and local taxes (SALT) is working its way through the courts, but some lawmakers aren't waiting for a judicial (or judicious) result. With Tax Reform 2.0...
Tags: New York, Taxes, Congress, White House, Gop, House, Connecticut, New Jersey, Treasury, Wisconsin, Capitol Hill, Republican, Andrew Cuomo, Albany, Irs, Cuomo


Charles Rettig is approved as new IRS Commissioner

New Internal Revenue Service Commissioner Charles Rettig during a Senate Finance Committee confirmation hearing this summer. Charles P. "Chuck" Rettig is moving into the Internal Revenue Service commissioner's office, which has been officially vacant since last November. Rettig, a corporate tax attorney with a strong background in tax controversies from his work as a 35-year private practitioner, was confirmed by the U.S. Senate on Sept. 12. As the IRS' 49th commissioner, he will serve th...
Tags: Chuck, Taxes, Congress, California, Oregon, Senate, White House, Los Angeles, Gop, House, Sam, Wyden, Irs, Tea Party, Trump, Hatch


New battles to end SALT cap waged on Capitol Hill & Albany

N.Y. Gov. Andrew Cuomo, second from right, and staff announce efforts to investigate what state officials says is the politicization of the new federal tax law limiting the deduction of state and local taxes. (Photo by Kevin Coughlin/Office of Governor Andrew M. Cuomo via Flickr) A lawsuit fighting the new federal cap on deductible state and local taxes (SALT) is working its way through the courts, but some lawmakers aren't waiting for a judicial (or judicious) result. With Tax Reform 2.0...
Tags: New York, Congress, White House, Marketing, Gop, House, Connecticut, New Jersey, Treasury, Wisconsin, Capitol Hill, Republican, Andrew Cuomo, Albany, Irs, Cuomo


Charles Rettig is approved as new IRS Commissioner

New Internal Revenue Service Commissioner Charles Rettig during a Senate Finance Committee confirmation hearing this summer. Charles P. "Chuck" Rettig is moving into the Internal Revenue Service commissioner's office, which has been officially vacant since last November. Rettig, a corporate tax attorney with a strong background in tax controversies from his work as a 35-year private practitioner, was confirmed by the U.S. Senate on Sept. 12. As the IRS' 49th commissioner, he will serve th...
Tags: Chuck, Congress, California, Oregon, Senate, White House, Marketing, Los Angeles, Gop, House, Sam, Wyden, Irs, Tea Party, Trump, Hatch


Senate Confirms Pepperdine Law Grad Chuck Rettig As IRS Commissioner

Wall Street Journal, Senate Confirms Charles Rettig as IRS Commissioner: The Senate confirmed Charles Rettig to run the Internal Revenue Service, giving the veteran California tax lawyer one of the toughest, most thankless jobs in the federal government. Mr. Rettig, who spent his career representing wealthy taxpayers and businesses in... [Author: Paul Caron]
Tags: Taxes, California, Senate, Tax, Irs, Internal Revenue Service, Paul Caron, Rettig, Legal Education, Charles Rettig, Pepperdine Law Grad Chuck Rettig, Wall Street Journal Senate


Senate Approves President Trump’s Pick to Head the IRS

Charles Rettig is a tax attorney from Beverly Hills
Tags: News, Senate, White House, Uncategorized, Irs, Trump, Onetime, Charles Rettig


IRS nominee clears Senate Finance panel after Democratic delay to protest nonprofit tax reporting change

Today's Senate Finance Committee approval of Charles Rettig took a bit longer than originally expected. The reason was a decision this week by Rettig's future boss to ease most nonprofit donor disclosure requirements. Charles P. Rettig, nominated to be the next Internal Revenue Service commissioner, faces the Senate Finance Committee during his June 28 confirmation hearing. The Senate tax-writing committee was supposed to vote Thursday, July 19, morning on sending Rettig's nomination to ...
Tags: Utah, Texas, Taxes, California, Oregon, Senate, Treasury, Capitol Hill, Wyden, Irs, Trump, Sfc, Hatch, Nra, Senate Finance Committee, Golden State


IRS nominee clears Senate Finance panel after Democratic delay to protest nonprofit tax reporting change

Today's Senate Finance Committee approval of Charles Rettig took a bit longer than originally expected. The reason was a decision this week by Rettig's future boss to ease most nonprofit donor disclosure requirements. Charles P. Rettig, nominated to be the next Internal Revenue Service commissioner, faces the Senate Finance Committee during his June 28 confirmation hearing. The Senate tax-writing committee was supposed to vote Thursday, July 19, morning on sending Rettig's nomination to ...
Tags: Utah, Texas, California, Oregon, Senate, Marketing, Treasury, Capitol Hill, Wyden, Irs, Trump, Sfc, Hatch, Nra, Senate Finance Committee, Golden State


Trump IRS nominee owns property at Trump-branded hotel

Nominee Charles Rettig did not originally disclose that the properties were located at the Waikiki Trump International Hotel and Tower.
Tags: Cnn, Trump, Trump IRS, Charles Rettig, Waikiki Trump International Hotel


I.R.S. Nominee Says He Won’t Weaponize Agency

Charles Rettig is expected to be confirmed to lead a department that has been a political punching bag.
Tags: News, Appointments and Executive Changes, United States Politics and Government, Federal Taxes (US, Tax Cuts and Jobs Act (2017, Charles Rettig, Weaponize Agency


The Latest: IRS nominee pledges to be fair, improve service

WASHINGTON (AP) — The Latest on the Senate confirmation for a new IRS chief (all times local):___12:30 p.m.Charles Rettig, the tax lawyer who is President Donald Trump's choice to head the IRS, has finished testifying at his... [Author: [email protected]]
Tags: Business, Washington, Senate, Ap, Donald Trump, Irs, Charles Rettig