Financial Trade Freedom - Investing and Stock News
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Financial Trade Freedom - Investing and Stock News
No Result
View All Result
Home Investing

Hunter Biden sues IRS over disclosures

by
September 18, 2023
in Investing
0
Hunter Biden sues IRS over disclosures
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

President Biden’s son Hunter Biden filed a lawsuit Monday against the Internal Revenue Service, charging that when agents who were investigating him told Congress and news reporters about their concerns that the case was not being managed properly, they violated his privacy rights as a taxpayer.

The lawsuit comes amid criminal charges and escalating legal battles surrounding the younger Biden, a failed plea deal and a nearly five-year investigation into his finances, taxes and a gun purchase.

Biden’s lawsuit says that while he has “all the same responsibilities as any other American citizen,” he also “has no fewer or lesser rights than any other American citizen, and no government agency or government agent has free reign to violate his rights simply because of who he is.”

Biden charges in the lawsuit that when two IRS agents went to Congress and news organizations complaining of alleged mishandling of the investigation by Justice Department officials, they disclosed information about the investigation, and about Biden’s taxes, that the law aims to keep secret.

“This assault on Mr. Biden’s rights involved the public disclosure of his confidential tax information during more than 20 nationally televised and non-congressionally sanctioned interviews and numerous public statements,” the lawsuit charges.

The disclosures included “detailed allegations regarding the specific tax years under investigation, the amounts of deductions, the nature of those deductions, and allegations of liability regarding specific tax years and the amount thereof, that could only be known to them based on a review of the physical tax returns themselves,” the lawsuit contends.

In recent months, Biden’s legal team has fired a number of legal salvos at those who have accused him of committing crimes and tried to implicate his father, President Biden, in the alleged wrongdoing.

The IRS lawsuit is Biden’s most aggressive move yet on that front, but it also comes at a time when he is besieged by legal issues.

He was indicted last week on gun charges — charges that were supposed to be resolved in a diversion agreement over the summer. The diversion deal and a related agreement to plead guilty to misdemeanor tax charges fell apart when the two sides could not agree on whether such a deal gave Biden immunity from additional possible criminal charges from the same period.

Special counsel David Weiss may soon file a new indictment against Hunter Biden in another federal court — potentially in California — over alleged tax crimes that the agents say they found in reviewing his finances from 2014 to 2019.

Also Monday, Biden’s lawyer Abbe Lowell fired off an angry letter to Rep. Jason T. Smith (R-Mo.), arguing that one of the improper disclosures about his client’s taxes in 2018 does not account for what Biden eventually paid later.

Biden previously paid more than $900,000 to the IRS as he tried to resolve the investigation, Lowell said. Biden’s lawyers and accountants believe he “overstated certain items of taxable income” for that year and is now, in fact, owed a refund.

“Mr. Biden will take all necessary steps to secure the refund of any and all overpayments of tax,” Lowell wrote.

This post appeared first on The Washington Post
Previous Post

Planet Fitness shares sink after board ousts CEO Chris Rondeau in shocking move

Next Post

‘Report card’ grading House Republicans on Ukraine aid shows stark split

Next Post
‘Report card’ grading House Republicans on Ukraine aid shows stark split

‘Report card’ grading House Republicans on Ukraine aid shows stark split

  • Trending
  • Comments
  • Latest
Biden visits Vietnam to bolster alliance confronting China

Biden visits Vietnam to bolster alliance confronting China

September 11, 2023
Disney drops all but free speech claim in political retaliation suit against Ron DeSantis

Disney drops all but free speech claim in political retaliation suit against Ron DeSantis

September 12, 2023
Smart Solutions for Costs: How to Stay Prepared Financially

Smart Solutions for Costs: How to Stay Prepared Financially

September 18, 2023
Boebert apologizes for vaping and disrupting ‘Beetlejuice’ musical

Boebert apologizes for vaping and disrupting ‘Beetlejuice’ musical

September 16, 2023
Dick Clark, Iowa senator who shaped policy in Africa, dies at 95

Dick Clark, Iowa senator who shaped policy in Africa, dies at 95

0
Biden administration asks Supreme Court to take up major abortion pill case

Biden administration asks Supreme Court to take up major abortion pill case

0
Delegation of Australian lawmakers will visit US to push for Julian Assange’s release: ‘Powerful message’

Delegation of Australian lawmakers will visit US to push for Julian Assange’s release: ‘Powerful message’

0
New Mexico governor temporarily suspends open, concealed carry across Albuquerque: ‘Violence at every turn’

New Mexico governor temporarily suspends open, concealed carry across Albuquerque: ‘Violence at every turn’

0
Dick Clark, Iowa senator who shaped policy in Africa, dies at 95

Dick Clark, Iowa senator who shaped policy in Africa, dies at 95

September 22, 2023
Elon Musk, a ‘bike crash’ and the ever-anxious mob

Elon Musk, a ‘bike crash’ and the ever-anxious mob

September 22, 2023
Trump dominates GOP field while campaigning less than foes

Trump dominates GOP field while campaigning less than foes

September 22, 2023
U.S. plan envisions factories in Africa for surging EV battery demand

U.S. plan envisions factories in Africa for surging EV battery demand

September 22, 2023
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Dick Clark, Iowa senator who shaped policy in Africa, dies at 95

    Dick Clark, Iowa senator who shaped policy in Africa, dies at 95

    September 22, 2023
    Elon Musk, a ‘bike crash’ and the ever-anxious mob

    Elon Musk, a ‘bike crash’ and the ever-anxious mob

    September 22, 2023
    Trump dominates GOP field while campaigning less than foes

    Trump dominates GOP field while campaigning less than foes

    September 22, 2023
    U.S. plan envisions factories in Africa for surging EV battery demand

    U.S. plan envisions factories in Africa for surging EV battery demand

    September 22, 2023
    • About Us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions
    • About Us
    • Contact Us
    • Email Whitelisting
    • Terms and Conditions
    • Privacy Policy

    All Rights Reserved © 2023 Financialtradefreedom.com

    No Result
    View All Result
    • About Us
    • Contact Us
    • Email Whitelisting
    • Investing and Stock News
    • Privacy Policy
    • Terms and Conditions

    All Rights Reserved © 2023 Financialtradefreedom.com