8legs: Internal revenue service (irs)

Your Followed Topics

#1 out of 226.4K est. views

Mrf.lu and 1 more

The Trump Accounts app combines a gold-themed, luxury-inspired design with guided onboarding for families, launching on the Apple App Store.
Eligible children born between 2025 and 2028 may receive a $1,000 government contribution into a Trump Accounts investment account.
The account is controlled by the child at 18, with funds inaccessible to parents until adulthood.
Enrollment requires a redirection to the IRS Trump Accounts portal and ID.me verification to complete setup.
Experts note that even small contributions can shape long-term educational expectations and planning.
The author interviews Ray Boshara to discuss assets in a child’s name fostering a college-bound identity.
The reference highlights a hypothetical growth trajectory showing how contributions could compound over 18 years.
The app projects a progression from a $1,000 starter to substantial value by age 18, illustrating potential growth pathways.
The article discusses the ‘college-bound identity’ concept tied to having an asset in a child’s name.
The piece concludes with a personal takeaway about balancing government benefits with prudent family finances.

Vote 1

#2 out of 2

crime14h ago

IRS lawyers concluded the SPLC informant payments were legally structured, ending tax charges.
The broader probe led to a DOJ indictment for bank and wire fraud, but no tax-related charges were included.
The investigation began in 2018 under the Trump administration and later expanded to tax concerns in 2019.
IRS and DOJ officials described the case as open in early 2021 but reopened later during the Biden era.
The SPLC denies wrongdoing and has pleaded not guilty to the non-tax charges in the indictment.
Treasury and IRS discussions cited a regulation exempting informant payments from tax returns for nonprofits.
The Justice Department did not issue tax charges and did not comment beyond official filings.
Former SPLC chief financial officer and an informant-related director were named in the indictment for creating shell accounts.
The 2025 reopening saw re-interviews with informants tied to multiple neo-Nazi groups.
Officials cited the broader aim of stopping nonprofit misuse of tax-exempt status.

Vote 0

Unlimited Access

Personalized Feed

Full Experience

By continuing, you agree to the Privacy Policy.. You also agree to receive our newsletters, you can opt-out any time.

Create an account and enjoy content that interests you with your personalized feed

Unlimited Access

Personalized Feed

Full Experience

By continuing, you agree to the Privacy Policy.. You also agree to receive our newsletters, you can opt-out any time.