A new government report shows that IRS audits brought in $6.5 billion in the fiscal year 2025, which is down 35% from the year before when the IRS brought in $10 billion. The drop comes after DOGE made cuts to the IRS. Katy Tur has more details.
California Gov. Gavin Newsom released years of overdue tax returns on Friday, disclosing nearly $200,000 in household staff wages and a $45,000 Armani clothing deduction, all while a federal investigation looms over his family's finances. Newsom's office handed over more than 700 pages of filings covering tax years 2022 through 2024, ending a years-long gap […] The post Newsom finally releases tax returns, revealing $200K household staff tab and $45K Armani write-off appeared first on American Almanac .
California Gov. Gavin Newsom released years of overdue tax returns on Friday, disclosing nearly $200,000 in household staff wages and a $45,000 Armani clothing deduction, all while a federal investigation looms over his family's finances. Newsom's office handed over more than 700 pages of filings covering tax years 2022 through 2024, ending a years-long gap during which the governor broke his own pledge to release returns annually. Select reporters were allowed to view the documents but not make copies. The filings show the Newsoms earned between $1.7 million and $2 million a year, roughly ten times his gubernatorial salary of about $200,000, with most of the income flowing from winery, restaurant, and hospitality businesses held in a…Open
California Gov. Gavin Newsom's office has released tax returns showing he and his wife made between $1.7 million and $2 million annually from 2022 through 2024
California Gov. Gavin Newsom's office says he will finally release years of withheld tax returns by the end of July, a disclosure that comes only after persistent press pressure and amid active federal investigations into his inner circle. Spokesperson Izzy Gardon confirmed to The California Post that the records will be made public by Friday, […] The post Gavin Newsom faces deadline to release long-overdue tax returns amid federal probes appeared first on American Almanac .
California Gov. Gavin Newsom's office says he will finally release years of withheld tax returns by the end of July, a disclosure that comes only after persistent press pressure and amid active federal investigations into his inner circle. Spokesperson Izzy Gardon confirmed to The California Post that the records will be made public by Friday, the final day of the month. The confirmation arrived two weeks after the governor's office first assured the outlet that "the remaining returns will be shared this month." How the returns will be released, posted online for public review or handled some other way, remains unclear. That ambiguity matters. The last time Newsom's team made tax documents available, in 2021, the process was anything…Open
Young America's Foundation sues IRS to stop collecting, storing donor identities after contractor leaks its tax returns and Trump's. No regulatory change can fix SEC database that hoovers up every trade for no reason, investors tell court.
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Michigan Democratic Senate candidate Abdul El-Sayed has spent months accusing doctors who decline Medicaid patients of racial discrimination. His wife, psychiatrist Sarah Jukaku, runs a private practice in Ann Arbor that accepts neither Medicaid nor Medicare, nor any insurance at all. The gap between El-Sayed's public rhetoric and his household's private medical practice sits at […] The post Abdul El-Sayed calls doctors who reject Medicaid racist — his own wife won't accept it appeared first on American Almanac .
Michigan Democratic Senate candidate Abdul El-Sayed has spent months accusing doctors who decline Medicaid patients of racial discrimination. His wife, psychiatrist Sarah Jukaku, runs a private practice in Ann Arbor that accepts neither Medicaid nor Medicare, nor any insurance at all. The gap between El-Sayed's public rhetoric and his household's private medical practice sits at the center of a Washington Free Beacon investigation published July 16, 2026. The findings raise pointed questions about whether the candidate, who backs a single-payer "Medicare for All" system and casts himself as a champion of the working class, is willing to hold his own family to the standard he demands of every other physician in the state. Neither…Open
A federal judge lambasted and penalized the attorneys behind President Trump's settlement with the IRS, saying in an explosive Monday order that the case was a means to an end: judicial cover for a deal granting Trump audit immunity and creating his controversial anti-weaponization fund. The big picture: The $1.776 billion pot of money, born from the Trump settlement , created an avalanche of bipartisan concern and legal scrutiny. What she's saying: U.S. District Judge Kathleen Williams sanctioned the lawyers, deeming the lawsuit to have been "improperly employed" to justify the settlement fund. - The "action was never about a party seeking judicial resolution of a legal issue or a factual dispute," she wrote in her scathing order. -…