#tax-returns

#tax-returns

Donald Trump greets guests as he arrives for a New Years event at his Mar-a-Lago home on December 31, 2022 in Palm Beach, Florida.Joe Raedle / Getty Images Senator Bernie Sanders is not asking anyone to be shocked that Donald J. Trump was very good at not paying taxes, but he also wants people to know that the disgraced former Republican president is far from the only rich person or powerful corporation who gets away with paying little or nothing each year federal income tax.

On Tuesday, the U.S. Supreme Court denied an application from former President Donald Trump for a stay of a lower court's ruling earlier this fall regarding the release of his tax records to the House Ways and Means Committee.Trump had sought to block the ruling, issued in October, that ordered the Treasury Department to hand over his tax records to the committee .

A federal appeals court appears likely to shut down the special master review of secret government documents seized from former President Donald Trump's Mar-a-Lago residence.Earlier this year, U.S. District Judge Aileen Cannon, who was appointed by Trump in 2020, sided with the former president to appoint a special masterto comb through the documents for potentially privileged information, selecting longtime federal Judge Raymond Dearie from a list proposed by Trump's attorneys.

President Joe Biden's son, Hunter Biden, is mired in a contentious and highly personal child support battle with an Arkansas woman who is the mother of one of his daughters.The parties reached a settlement in 2020 where Hunter Biden would pay monthly child support of $20,000 to Lunden Roberts, but Hunter Biden reopened the case last year by asking a judge to reduce the payments.

Here's a look at the life of Rick Santorum, former Pennsylvania congressman.Birth date: May 10, 1958 Birth place: Winchester, Virginia Birth name: Richard John Santorum Father: Aldo Santorum, a psychologist Mother: Catherine (Dughi) Santorum, a nurse Marriage: Karen (Garver) Santorum (1990-present) Children: Isabella, 2008; Patrick, 2001; Peter, 1999; Sarah, 1998; Gabriel, born and died in 1996; Daniel, 1995; Richard Jr., 1993; Elizabeth, 1991 Education: Pennsylvania State University, B.A., Political Science, 1980; University of Pittsburgh, M.B.A., 1981; Dickinson School of Law, J.D., 1986 Religion: Roman Catholic Member of the Gang of Seven, a group that exposed and condemned scandals in congress, when in the House of Representatives.

Here's a look at the life of Jeb Bush, former governor of Florida.Birth date: February 11, 1953 Birth place: Midland, Texas Birth name: John Ellis Bush Father: George H.W. Bush, 41st president of the United States Mother: Barbara (Pierce) Bush Marriage: Columba (Garnica Gallo) Bush (February 23, 1974-present) Children: John Ellis Jeb Jr., 1983; Noelle Lucilla, 1977; George Prescott, 1976 Education: University of Texas, B.A. in Latin American Studies, 1974 Religion: Catholic (converted - was Episcopalian) Second-oldest son of former President George H.W. Bush and younger brother of former President George W. Bush.

Paul Manafort has agreed to pay $3.15 million he owes to the US government over misrepresentations he made on his tax returns almost a decade ago, bringing to a close the former Trump campaign chairman's financial tangles in court.Manafort hadn't disclosed to the Treasury Department nearly two dozen bank accounts in Cyprus, St. Vincent and the Grenadines and the UK that he used for political consulting business he did in Ukraine in 2013 and 2014, according to court filings.

A federal jury deliberated only about an hour Friday before convicting a Chicago attorney of embezzling more than $8 million from a Bridgeport neighborhood bank that later collapsed.Robert Kowalski, 60, was convicted on all counts of embezzlement, bankruptcy fraud, and income tax fraud after a 3-1/2 week trial before U.S. District Judge Virginia Kendall.

As the son of a longtime state lawmaker, Alex Acevedo was sophisticated enough to know that he had to report money he made from his brother's lobbying business on his tax returns, but failed to do so out of greed, federal prosecutors told a jury Thursday."It was intentional all the way along," Assistant U.S. Attorney Timothy Chapman said during his opening statement in Acevedo's tax-evasion trial, which has ties to the massive ComEd bribery probe involving ex-House Speaker Michael Madigan.

Multibillionaire Ken Griffin filed a lawsuit against the IRS Tuesday alleging the agency violated his right to privacy after investigative journalism outlet ProPublica reported in April on the tax records of the Republican megadonor and former Chicagoan.Griffin's income and taxes were reported by ProPublica alongside similar information for hundreds of America's wealthiest people.

The son of former Democratic state Rep. Edward Acevedo pleaded guilty Monday to federal tax charges loosely connected to the sprawling investigation of Commonwealth Edison's alleged attempts to influence then-House Speaker Michael Madigan.Michael Acevedo, 36, of Chicago, entered his plea to three counts of failing to file federal tax returns, which each carry a term of up to a year in prison.