For pre-2016 tax years, the IRS processed tax returns even if there was no information provided about the taxpayer’ s compliance with the Affordable Care Act’ s coverage requirement. The IRS then said that, for 2016, it would not process any returns that failed to provide information about the taxpayer’ s compliance with the ACA coverage requirement.
—U.S. Treasury Department agents have recently obtained information about offshore financial transactions involving President Donald Trump's former campaign chairman, Paul Manafort, as part of a federal anti-corruption probe into his work in Eastern Europe, The Associated Press has learned. Information about Manafort's transactions was turned over...Read more