Latest Personal taxes News

California court invalidates law requiring Trump tax returns

Nov. 21, 2019 8:36 PM EST

LOS ANGELES (AP) — President Donald Trump does not have to disclose his tax returns to appear as a candidate on California’s primary ballot next spring, the state Supreme Court ruled unanimously Thursday. The law, the first of its kind in the nation and aimed squarely at Trump, violates a...

House urges court to lift hold on subpoena for Trump records

Nov. 21, 2019 7:32 PM EST

WASHINGTON (AP) — House Democrats and Manhattan’s top prosecutor told the Supreme Court Thursday that President Donald Trump’s arguments to shield his tax returns and financial records are weak, and not deserving of the justices’ intervention. The Democrats said they should be allowed...

Buttigieg releases more tax returns from McKinsey work

Nov. 20, 2019 3:20 PM EST

Democratic presidential candidate Pete Buttigieg has released two additional tax returns from his time working at consulting firm McKinsey. The documents released hours before Wednesday’s debate show he made $80,397 in 2007 and $122,680 in 2008. He previously released his 2009 to 2018 returns. Buttigieg...

Trump asks justices for temporary block of House subpoena

Nov. 15, 2019 3:09 PM EST

WASHINGTON (AP) — President Donald Trump wants the Supreme Court to keep House Democrats from getting his financial records at least until the justices resolve a broader fight over efforts to subpoena a sitting president’s records. Trump filed an emergency appeal with the court Friday in a case from...

Trump wants Supreme Court to block subpoena for his taxes

Nov. 14, 2019 5:46 PM EST

WASHINGTON (AP) — President Donald Trump is asking the Supreme Court to block a subpoena for his tax returns, in a test of the president’s ability to defy investigations. The filing Thursday sets the stage for a high court showdown over the tax returns Trump has refused to release, unlike every...

Trump asks Supreme Court to block subpoena for his tax returns, in test of president’s ability to defy investigations

Nov. 14, 2019 5:11 PM EST
WASHINGTON (AP) — Trump asks Supreme Court to block subpoena for his tax returns, in test of president’s ability to defy investigations.

Judge dismisses Trump lawsuit against NY over tax returns

Nov. 11, 2019 3:46 PM EST

WASHINGTON (AP) — A federal judge on Monday dismissed President Donald Trump's lawsuit against New York officials that was aimed at preventing the release of his tax returns. Judge Carl Nichols handed down a 19-page ruling, finding the U.S. District Court in Washington, D.C., does not have jurisdiction to...

Ivanka Trump rejects notion family profits from presidency

Nov. 8, 2019 3:00 PM EST

RABAT, Morocco (AP) — Ivanka Trump brushed off criticism that her family has profited off the presidency and said Friday a big difference between her family and Democrat Joe Biden's is that President Donald Trump amassed his fortune before he entered politics while Biden's wealth is "derivative" of his...

Rebate checks are in the mail; SC taxpayers get $50 each

Nov. 8, 2019 11:48 AM EST

COLUMBIA, S.C. (AP) — More than a year after someone in South Carolina won an $878 million lottery jackpot, 1.2 million of the state's taxpayers are getting their own modest windfall from that lucky day. The South Carolina Revenue Department said Friday it began mailing out $50 rebate checks to state...

California justices skeptical of requiring Trump tax returns

Nov. 6, 2019 4:44 PM EST

SACRAMENTO, Calif. (AP) — California Supreme Court justices seemed skeptical Wednesday of a state law requiring President Donald Trump to disclose his tax returns if he wants to be a candidate in the state's primary election next year. The justices wondered in a rapid-fire hour of questioning if the...