Event Brief
IRS settlement drops Trump tax cases and audits
Filed: May 19, 2026 at 4:00 PM ET
Summary: The IRS agreed to stop pursuing legal claims and investigations tied to Trump’s past tax returns.
WHO: U.S. Internal Revenue Service
WHAT: Agreed not to continue legal claims or investigations of President Donald Trump’s past tax returns, including dropping related tax cases and audits.
WHEN: May 19, 2026 at 3:01 PM ET
WHERE: USA
WHY: To resolve Trump’s $10 billion lawsuit against the IRS over a leak of his tax returns.
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