We live in a political world wisdom is thrown into jail it rots in a cell, is misguided as hell leaving no one to pick up a trail (IRS and ICE agreement)

It has been reported by several news agencies that the IRS is close to finalizing an agreement with the U.S. Department of Homeland Security to share information that has previously been kept confidential and not shared with Immigration enforcement agencies in the past.

The agreement would require Immigration and Customs Enforcement to submit names and addresses of people it suspects to be living in the country illegally to the IRS, and the tax agency would cross-reference this information and confirm ICE records.

The IRS has previously assured undocumented immigrants that their information would not be shared with Immigration authorities or lead to their deportations, so should this agreement become effective it further evidences the extreme changes being made by this administration and is likely to have a chilling effect on compliance with tax filings, resulting in even more lost revenue and/or will result in individuals who are being good citizens (unlike members of the current administration who have shirked their tax obligations for years) being carted away by immigration enforcement, simply because they abided by the law.

The good news is that on March 7, 2024, a lawsuit was filed against the implementation of this rule. A hearing on the issuance of an injunction is expected to take place on April 16, 2025.

Now onto the song choice, the title of this post comes from the Bob Dylan song, "Political World," from the 1989 Oh Mercy album. It seemed fitting given that this new agreement is misguided as hell.

If you have any questions or concerns about how to handle tax filings this year, please reach out to the office at 714-605-4393 or email us at info@monilaw.com