No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Financial Planning

IRS can only give tax data to ICE in deportation, criminal cases

by FeeOnlyNews.com
6 months ago
in Financial Planning
Reading Time: 2 mins read
A A
0
IRS can only give tax data to ICE in deportation, criminal cases
Share on FacebookShare on TwitterShare on LInkedIn



The IRS can share taxpayer data with federal immigration officials only in cases involving immigrants with final deportation orders or ongoing criminal investigations, according to a newly unsealed agreement between the Treasury and Homeland Security departments.

The 13-page memo, signed in April by Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem, was released Tuesday by order of a federal court in Washington. It permits Immigration and Customs Enforcement to request tax records under a section of the tax code that allows limited disclosures for non-tax criminal matters.

While the memo doesn’t specify what criminal cases may qualify, it does specify other rules. To obtain IRS data, ICE must provide a name, address, and deportation order date, and it’s required to safeguard any information received. 

By agreeing to share taxpayer data at all, the IRS is taking an unprecedented step that breaks with longstanding assurances that such information wouldn’t be used to aid in immigration enforcement. Melanie Krause resigned as the acting IRS commissioner last month as the data-sharing arrangement was finalized.

A federal judge on Monday ordered the mostly redacted IRS-ICE agreement to be “almost entirely unsealed” in response to a request from the watchdog group American Oversight. In the same ruling, the judge denied a request from two Chicago-based immigrant advocacy groups to block the data-sharing arrangement, saying they lacked standing to challenge it. 

Immigrants have for decades been encouraged to pay income taxes regardless of their status. In 1996, the IRS created an individual taxpayer identification number for foreigners who don’t qualify for a Social Security number, allowing them to file returns. 

The Trump administration, as part of a broader effort to kick start its promised mass deportation effort, has reinstituted a World War II-era immigrant-registration system and has vowed to fine and criminally charge those in the US without permission who fail to register.

The White House has argued that the data is necessary to help ICE agents confirm the ongoing presence of specific foreigners living in the US illegally. A DHS spokeswoman has repeatedly defended the arrangement, arguing that the administration is using all available tools to help find immigrants in the county without permission.



Source link

Tags: casesCriminaldatadeportationgiveICEIRStax
ShareTweetShare
Previous Post

Solar Panel Types: What to Know

Next Post

Brazil’s Marfrig moves to cap takeover of BRF, combining as MBRF

Related Posts

Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

by FeeOnlyNews.com
October 30, 2025
0

Commonwealth Financial Network advisors keep voting with their feet, moving to firms like Cetera, Osaic and Raymond James rather than...

How advisors are using AI tools for prospecting and growth

How advisors are using AI tools for prospecting and growth

by FeeOnlyNews.com
October 30, 2025
0

As Michael Kitces pointed out in his opening fireside chat at Financial Planning's ADVISE AI 2025 this week in Las...

How to keep your AI use from violating industry rules

How to keep your AI use from violating industry rules

by FeeOnlyNews.com
October 29, 2025
0

Advisors using AI could take a big step toward regulatory compliance if they began every query proposed to ChatGPT or...

AI investment risks beg for diversification

AI investment risks beg for diversification

by FeeOnlyNews.com
October 29, 2025
0

The largest stocks' artificial intelligence correlation and concentration are fueling the risk that the technology firms investing in chips and...

UBS reports .6B outflows amid advisor exits

UBS reports $8.6B outflows amid advisor exits

by FeeOnlyNews.com
October 29, 2025
0

UBS' Americas wealth management arm saw an $8.6 billion exodus of client assets in the third quarter, a stark reversal...

Oasis CEO uses AI to create financial plans, stock analyses

Oasis CEO uses AI to create financial plans, stock analyses

by FeeOnlyNews.com
October 29, 2025
0

Oasis Group CEO John O'Connell had just used AI to run an analysis meant to help hypothetical clients decide if...

Next Post
Brazil’s Marfrig moves to cap takeover of BRF, combining as MBRF

Brazil's Marfrig moves to cap takeover of BRF, combining as MBRF

LPL Financial pushes brand with Anna Kendrick ads

LPL Financial pushes brand with Anna Kendrick ads

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
The 2026 Social Security Bump Will Cost Some Retirees. Are Your Benefits at Risk of Taxation?

The 2026 Social Security Bump Will Cost Some Retirees. Are Your Benefits at Risk of Taxation?

0
6 Facts You Should Know About the Thrift Savings Plan If You Are a Government Employee

6 Facts You Should Know About the Thrift Savings Plan If You Are a Government Employee

0
Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

0
The Tragedy of Expatriation: Europe’s Lost Future

The Tragedy of Expatriation: Europe’s Lost Future

0
Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

0
Planning approved for new Jerusalem luxury hotel

Planning approved for new Jerusalem luxury hotel

0
Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

October 31, 2025
Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

October 31, 2025
Strategy Q3 Income Narrows to .8B as mNAV Shrinks

Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks

October 30, 2025
El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

October 30, 2025
Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

October 30, 2025
Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

October 30, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Getting Started: Inventory Types and Conditions
  • Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso
  • Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.