Exploring the Roots of Tax Record Confidentiality: The Recent IRS Lawsuit Examined The U.S. tax system emphasizes privacy under laws like Section 6103 of the Internal Revenue Code, which prohibits unauthorized disclosure of returns. In January 2026, a lawsuit was filed against the IRS and Treasury seeking $10 billion for an alleged failure to prevent a 2018-2020 leak by a former contractor, who shared data revealing no federal income taxes paid in 10 of 15 years prior to 2016. This breach, leadi

You should never mix business and personal funds! If you qualify for business capital and you’re thinking about using it for personal needs, DON’T DO IT . Instead, hire yourself as an employee of your own business, let the business pay you a salary, and then use those funds however you like. That way, you’re staying on the right side of the IRS rules, like IRS code section 162, which is all about keeping business and personal expenses separate.Question: @f.lasalvia 🎥 : @mykelpolyvalent | Bruno