With Trump’s settlement, a possible $100 million IRS penalty melts away.

The headquarters in Washington of the internal Revenue Service on Feb. 25, 2025. President Donald Trump, two of his sons and his family business had argued in a lawsuit that the IRS should have done more to prevent a former contractor from leaking tax information. (Haiyun Jiang/The New York Times) By RUSS BUETTNER A tax audit that President Donald Trump has been fighting since his peak earning days as a television celebrity was most likely wiped away in this week’s settlement with the Justice...

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