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Todd Blanche Kept Trump’s Tax Audit Shield. It Could Erase a $100 Million IRS Bill

The tax audit immunity deal conferred on Trump has raised concerns from lawmakers and experts.

Todd Blanche Kept Trump’s Tax Audit Shield. It Could Erase a $100 Million IRS Bill

President Donald Trump's former personal attorney and acting Attorney General, Todd Blanche, has formally rescinded the proposed $1.8 billion "Anti-Weaponization Fund" as part of a settlement agreement with President Trump. However, the tax audit immunity deal included in the same agreement remains intact, potentially shielding Trump, his sons, and the Trump Organization from paying up to $100 million in back taxes and penalties.

The deal, signed on May 19, 2026, protects the parties mentioned in the original $10 billion lawsuit filed by Trump, his sons, and the Trump Organization against audits of tax returns filed prior to the deal's implementation. The deal has raised concerns among lawmakers and experts, with the NYU Tax Law Center questioning the legality of the immunity provision and calling for a thorough evaluation of the deal's scope and authority.

Written by urgent.news from Time's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

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