A new report from the Treasury Inspector General for Tax Administration notes that the termination letters were written for the agency by the OPM and its cuts failed to follow internal IRS procedures.
As Donald Trump and Elon Musk take a chainsaw to the federal bureaucracy, the cuts at the IRS may be especially good news for America’s wealthiest taxpayers.
The upheaval undermines the agency’s quest to tackle high-end tax cheating.
Trident Trust was at the center of ICIJ’s Pandora Papers investigation exposing the offshore holdings of some of the world’s wealthiest and most powerful people.
New data shows agents sent fewer cases for prosecution, compounding concerns the tax agency is taking an overly soft stance toward the wealthiest taxpayers.
ICIJ reviewed hundreds of pages of court records to examine the Big Four firm's role in a controversial tax maneuver, which one expert labeled "easily replicable."
High-powered tax attorneys bemoaned the 2010 legislation meant to crack down on big-dollar tax shelters. They ended up writing parts of an IRS directive that essentially undid it.
The tax agency, once beleaguered by budget cuts, has sought to use an influx of funding under the Biden administration to boost enforcement of tax laws on the rich and large corporations.
New rules will target a long-time tactic used by sprawling corporate structures to dodge taxes in a way the U.S. Treasury now says is illegal.
Newly obtained data shows the IRS division that audits corporations and the ultrarich flagged no more than 22 possible tax crimes over the past five years — roughly 40 times fewer criminal referrals than from the unit covering small businesses.
An ICIJ investigation examining hundreds of leaked tax forms offers a glimpse into the huge challenges the U.S. agency faces in tackling the favorite new global investment vehicles of the world's most wealthy.
The number of cases the wider U.S. tax agency refers to its criminal unit has plummeted.
The U.S. Internal Revenue Service is seeking to use an infusion of funding to keep up with the ever-evolving tax maneuvers of the ultra-rich — while staving off frequent political attacks.
The agency has dedicated a team to uncovering oligarchs’ assets stashed in South Dakota’s secretive trusts, which ICIJ’s Pandora Papers revealed are popular with bad actors seeking to anonymously hide wealth.
Harald Joachim von der Goltz was sentenced to four years for wire and tax fraud, money laundering, false statements and other charges.
The U.S. government took "limited or no action" to battle secret offshore holdings, despite spending $380 million on a new initiative.