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‘Caused public embarrassment’: Why is Trump suing IRS and Treasury for $10 billion?

US President Donald Trump sued the Internal Revenue Service and the Treasury Department for $10 billion, alleging that it leaked the president’s personal tax information to the news outlets. Citing “reputational and financial damage”, he claimed the data leak between 2018 and 2020 as the reason for his loss in the 2020 presidential elections.The lawsuit…

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US tax filing: IRS releases income tax brackets and standard deductions for 2026; here’s what has changed

The US Internal Revenue Service (IRS) has announced the new federal income tax brackets and standard deductions for 2026, offering some relief to Americans as they prepare for next year’s tax returns.The IRS usually makes these adjustments in October or November to prevent what’s known as “bracket creep.” This occurs when inflation pushes taxpayers into…

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Sameer Wankhede vs Shah Rukh Khan defamation case: When Anurag Kashyap took IRS officer to court over freezing bank accounts for 2 years |

IRS officer and former NCB zonal director Sameer Wankhede moved the Delhi High Court, filing a defamation suit against Shah Rukh Khan and Gauri Khan’s Red Chillies Entertainment, Netflix, and others over the series ‘The Ba***ds of Bollywood’. Wankhede files defamation case In his suit, Wankhede alleges the show contains “false, malicious and defamatory” content…

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