The Trump IRS lawsuit settlement is drawing new scrutiny after the Justice Department announced a $1.776 billion DOJ Anti-Weaponization Fund on Monday, May 18, 2026, as part of an agreement resolving President Donald Trump’s lawsuit over leaked tax return information. The settlement ends Trump’s $10 billion lawsuit against the Internal Revenue Service, which was filed after his confidential tax records were leaked. Under the agreement, Trump and other plaintiffs are expected to receive a formal apology but no monetary damages. What the DOJ Anti-Weaponization Fund Means The DOJ Anti-Weaponization Fund is designed to review claims from people who say they were unfairly targeted by politically motivated government investigations or prosecutions. The fund could provide compensation or formal apologies to approved claimants. The proposal has quickly become a major political and legal issue because the money would come through a federal judgment fund, raising questions over taxpayer money, congressional approval and Justice Department oversight. Why the Trump IRS Lawsuit Settlement Faces a Congress Challenge Democrats argue that the Trump IRS lawsuit settlement could allow taxpayer money to benefit political allies of the president. Representative Jamie Raskin, the top Democrat on the House Judiciary Committee, has criticized the plan and argued that Congress did not authorize the fund. The expected Congress challenge to the Trump settlement fund may focus on whether the executive branch can create such a large compensation program through a lawsuit settlement without direct approval from lawmakers. Trump Tax Return Leak Remains at the Center The original case came from the Trump tax return leak, after confidential IRS information was disclosed and later reported by media outlets. A former IRS contractor, Charles Littlejohn, was prosecuted and sentenced to five years in prison for leaking tax records. The legal fight is now moving beyond the tax leak itself. The larger dispute is over whether the Justice Department can use settlement power to create a politically sensitive compensation fund involving claims of government “weaponization.” For US readers, the case matters because it could shape future limits on executive authority, federal settlements and how taxpayer-funded legal claims are handled when a sitting president is personally connected to the dispute.

A growing cab safety warning is urging passengers to check the number plate, driver identity and vehicle details before entering any app-booked ride. Safety advocates say a mismatch between the vehicle that arrives and the details shown in the ride-hailing app can create serious risks for passengers, especially during solo or late-night travel. What Happens If Cab Details Do Not Match? If the cab number, model or driver profile does not match the app, the ride may not be properly linked to the original booking. That can affect GPS tracking, route monitoring, driver verification and emergency support. Passenger safety experts warn that entering an unverified vehicle can also make it harder for platforms to investigate complaints or confirm trip records if something goes wrong. Insurance And Tracking Concerns Transportation analysts say insurance complications may arise when a passenger travels in a vehicle that is not officially connected to the booking. In such cases, the ride may not be fully traceable through the platform’s records. The warning is not meant to create fear, but to encourage simple checks before boarding. What Passengers Should Do Before Boarding Passengers should confirm the registration number, driver name, vehicle model and live trip status inside the app. They should also share live location with a trusted contact and cancel the ride if any detail appears suspicious. Watch: One Small Cab Mistake Can Turn Dangerous Fast This safety-awareness reel explains why passengers should verify cab number plates, driver details and ride information before entering any app-booked vehicle.   Safety campaigners say one quick number plate check can prevent passengers from entering the wrong cab and reduce risks linked to fake taxi pickups, route mismatch and unverified drivers.

President Donald Trump is backing a temporary federal gas tax suspension as US drivers face sharply higher fuel prices linked to the Iran conflict. The proposal could cut up to 18.4 cents per gallon from gasoline and 24.4 cents per gallon from diesel, but it cannot take effect without approval from Congress. How Much Could Drivers Save? Trump said on Monday, May 11, 2026, that he wants to remove the federal gas tax “for a period of time” and restore it once prices ease. The White House has not confirmed whether formal legislation has already been sent to lawmakers. The relief would be limited compared with the wider rise in pump prices. US gasoline prices have climbed sharply since the Iran conflict intensified, leaving many households paying more for commuting, deliveries and daily transportation. Congress Holds The Key The federal gas tax helps fund highways, bridges and public transit through the Highway Trust Fund. Any suspension could give drivers short-term relief but may raise concerns over road funding. Energy Secretary Chris Wright said the administration supports steps to lower fuel costs. Some lawmakers have also backed a temporary gas tax holiday, while critics argue the savings may not fully reach consumers. For American families already dealing with inflation, even a small reduction at the pump could matter. But the plan’s real impact depends on Congress, fuel markets and whether gas stations pass the full tax cut to drivers.

Vijay Deverakonda, tunrs 37 today, May 9th. One of India’s most celebrated actors, has journeyed from humble beginnings as a theatre artist to becoming a household name in both Tollywood and Bollywood. Born to TV director Govardhan Rao, Deverakonda’s path to stardom wasn’t an easy one. After completing his Bachelor of Commerce degree from Badruka College of Commerce & Arts, he began his acting career in theatre, joining a Hyderabad-based group where he performed in numerous plays. H

MS Dhoni Leads Taxpayer List In Jharkhand-Bihar MS Dhoni has emerged as the highest individual taxpayer from the Jharkhand-Bihar region as income tax collection touched around ₹20,000 crore in FY26, officials said. The Income Tax Department’s collection from Jharkhand and Bihar during the 2025–26 financial year marks a strong revenue signal from eastern India, a region often overshadowed by larger metro-driven tax zones. ₹20,00

Millions of debit cards issued under California’s Middle Class Tax Refund program in 2022 are set to expire on April 30, leaving hundreds of millions of dollars at risk of going unclaimed, according to state records. The looming deadline has raised concerns for consumers who may still have unused balances but face difficulties accessing their funds. Data from the California Franchise Tax Board shows that only 43% of the distributed cards have been fully used, while approximately 10% have never been activated. That translates to roughly 960,000 cards still holding an estimated $400 million that could revert to the state if not claimed before the expiration date. Some cardholders report unexpected issues when attempting to use their remaining balances. In certain cases, cards that initially worked were later declined despite having available funds. Attempts to withdraw money at banks have also been unsuccessful for some users, with reports indicating that accounts were inaccessible or cards had been deactivated without clear explanation. Consumers have described ongoing challenges in resolving these problems through customer service channels. Calls to the program’s card provider, Money Network, have sometimes resulted in long wait times or difficulty reaching assistance. The company’s parent, Fiserv, said in a statement that it is implementing program changes in accordance with California requirements and the Better for Families Act. State officials note that some cards may be deactivated or funds frozen due to fraud prevention measures. They advise cardholders experiencing issues to contact customer service directly during weekday business hours, from 8:00 AM to 5:00 PM. Assistance will only be available through April 30. With the deadline approaching, officials are urging residents to check for unused cards and confirm balances as soon as possible. Any remaining funds not accessed before expiration could be returned to state lawmakers, underscoring the importance of prompt action for those who may still be eligible to use the money.

A serious ground incident at Indira Gandhi International Airport has raised fresh concerns over aviation safety after a SpiceJet aircraft collided with a stationary Akasa Air plane while taxiing on Thursday. The

Restaurants and food chains across the United States are rolling out limited-time promotions on Wednesday, April 15, 2026, to mark Tax Day, offering customers discounts, free items, and value meals designed to ease the financial stress of filing returns. The annual wave of offers spans fast-food outlets, pizza chains, coffee brands, and delivery platforms, with many promotions available only on Tax Day. The deals typically require app orders, promo codes, or minimum purchases, but col

​A key provision in President Donald Trump’s recent tax legislation introduced significant federal deductions on tips and overtime pay, but the changes do not fully eliminate taxation for millions of American workers. As taxpayers finalize their 2025 returns ahead of the federal filing deadline on Wednesday, April 15, 2026, state governments are emphasizing that these earnings may still be subject

Married couples across the United States face an important decision each tax season: whether to file taxes jointly or separately. That choice could have new implications for the 2025 tax year following recent policy changes introduced under former President Donald Trump’s legislation. In most cases, the tax system favors married filing jointly, which allows couples to combine income, deductions, and credits into a single return. This approach typically results in lower overall incom

You might be receiving the same CTC as before, but a closer look at your bank account could reveal that your take-home pay has dropped. This change is likely due to the new 50% wage rule, which has been introduced under India's revised Labour Codes. While the Cost to Company (CTC) remains unchanged, this rule is quietly reshaping how salaries are structured, particularly the proportion allocated to basic pay, dearness allowance, and retaining allowance. Under the new rule, basic pay

The average tax refund for U.S. filers has increased by roughly $350 during the 2026 tax season, according to the latest data released by the Internal Revenue Service on Friday, March 27, 2026. The IRS reported that the average refund reached $3,521 as of that date, compared with $3,170 during the same period in 2025, reflecting a noticeable rise in payouts to taxpayers. The data shows that approximately 88.4 million individual tax returns had been received by Friday, March 27, 2026,

Chicago residents purchasing alcohol from local liquor stores will see a new tax added to their bills starting Sunday, as the city implements a revised taxation system on retail liquor sales. The Chicago Department of Finance confirmed that a 1.5 percent liquor tax will officially take effect after a two-month delay that was granted to allow retailers additional time to update billing systems and prepare for the change. The new Chicago liquor tax replaces the previous structure that

San Jose officials are calling on state regulators to withdraw newly approved gambling regulations that they say could significantly disrupt the city’s finances and threaten more than 1,000 local jobs. In a letter dated Feb. 19 and addressed to Attorney General Rob Bonta, city leaders warned that the new rules governing California’s card rooms would dramatically reduce tax revenue generated by the city’s two licensed casinos, Casino M8trix and Bay 101. According to city offici

Salaried employees often claim House Rent Allowance (HRA) for rent paid to family members, such as parents or spouses, under the current tax regime. However, under the proposed draft Income-tax Rules, 2026, such arrangements may soon undergo closer scrutiny, especially if the rent exceeds Rs 1 lakh in a financial year. The new rules, if implemented, would require taxpayers to disclose their relationship with the landlord along with other details like the landlord’s name, address, and PAN nu

Ohio lawmakers are advancing a proposal that would allow residents to claim state income tax deductions for qualifying church donations, arguing the move would bring Ohio policy in line with federal tax law while strengthening faith-based services across local communities. House Bill 444, also known as the Tithing Protection Act, was introduced last fall by Republican Rep. Josh Williams of Sylvania Township and Democratic Rep. Dontavius Jarrells of Columbus. The measure received its first he

Eligible U.S. taxpayers will be able to deduct up to $10,000 in auto loan interest for the 2025 tax year under a temporary tax provision created through President Donald Trump’s One Big Beautiful Bill Act, but financial analysts say the actual benefit for most car buyers will be far smaller than the headline figure suggests. While the deduction may appear generous at first glance, typical loan structures and interest payments mean that most borrowers are unlikely to approach the maximum all

A proposal to create a new income tax bracket for Virginia’s highest earners is advancing through the General Assembly, with supporters arguing that the measure could generate significant new revenue for public schools, child care programs and affordable housing initiatives across the state. House Bill 188, introduced by Del. Kelly Convirs-Fowler, who represents Virginia Beach’s 96th House District, would establish a higher tax rate beginning in the 2026 tax year. Under the proposal, individuals earning more than $1 million annually would pay a 10 percent tax on income exceeding that threshold. Lawmakers backing the bill say the change would modernize Virginia’s tax structure and target additional contributions from the state’s wealthiest residents. Currently, Virginia uses a relatively flat income tax system in which all income above $17,000 is taxed at a rate of 5.75 percent. Advocates for the legislation contend that the structure places a proportionally heavier burden on middle-income families while allowing top earners to pay the same marginal rate. By creating a new bracket, they argue, the state can make its tax policy more progressive while securing funds for critical public needs. The bill specifies how revenue from the higher tax rate would be distributed. Half of the additional funds would go toward increased basic aid for public schools, a move intended to help districts address teacher shortages, classroom resources and rising operational costs. Thirty percent of the new revenue would be directed to the Child Care Subsidy Program, which assists working families with the cost of care and aims to expand access for low- and moderate-income households. The remaining 20 percent would be allocated to the Virginia Housing Trust Fund to support affordable housing development and homelessness prevention efforts. Supporters say the targeted investments could strengthen education, improve workforce participation and address housing shortages that have affected communities statewide. Critics, however, have raised concerns about potential impacts on business competitiveness and the possibility that higher-income residents could relocate, affecting overall tax collections. Those debates are expected to continue as the measure moves through committee review. In addition to the new tax bracket, HB 188 includes several technical amendments intended to align existing statutes with the proposed changes. The bill remains under consideration in committee, where lawmakers will determine whether it advances to a full vote in the House and Senate. If approved, the policy would mark one of the most significant adjustments to Virginia’s income tax system in decades and could reshape how the state funds key services tied to education, child care and housing.

Many taxpayers are facing a frustrating wait for their tax refunds as nearly 24 lakh income tax returns (ITRs) for the Assessment Year 2025–26 have been pending for more than 90 days. According to the Minister of State for Finance, Pankaj Chaudhary, as of February 4, 2026, out of 8.79 crore ITRs filed, approximately 24.64 lakh were yet to be processed, leaving millions of individuals waiting for their refunds. The large backlog has triggered concerns, especially for senior citizen

In a significant legal blow to actor Vijay, the Madras High Court has upheld a Rs 1.5 crore tax penalty imposed by the Income Tax Department and dismissed his appeal challenging the levy. The penalty is linked to the alleged non-disclosure of additional income derived from the 2015 film Puli. According to the Income Tax Department, during tax searches conducted in 2015, it was revealed that of Vijay’s total remuneration of around Rs 15 crore, nearly Rs 5 crore was paid in cash and