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Facebook and the IRS are currently facing off in a billion dispute in U.S. Tax Court.The trial, which got underway on Tuesday, centers on a 2010 transaction in which Facebook transferred some of its intellectual property to a subsidiary in Ireland — a country with an extremely low corporate tax rate. The IRS claims that Facebook undervalued the properties in order to pay less in taxes.While Facebook values the assets transferred at about .5 billion, the IRS claims the value exceeds billion. According to 530

Donald Trump's lawyers want the Washington court fight over Trump's accounting records to slow down.A recent congressional subpoena for the records could reveal financial information about Trump to Democrats in Congress, but the President says a federal judge is moving too quickly.On Monday, private attorneys representing Trump and his companies disagreed with a federal judge's decision to hold a comprehensive court hearing about the subpoena on Tuesday in Washington, according to court filings.The President's attorneys say they are not being given a fair shot in court, and have asked the judge to either narrow the topics covered in the hearing Tuesday or cancel the hearing outright."Because the hearing is tomorrow, the court's consolidation will force plaintiffs to try their case on only four days' notice, with no discovery, with little opportunity to assemble evidence, before Defendants have filed a single pleading, with no idea which facts are actually in dispute, and without a round of briefing focused on the merits," the President's legal team wrote.Congress' attorneys, however, said they are ready for the case to proceed as scheduled on Tuesday and do not want Tuesday's hearing to be canceled. The scheduled court hearing would be the first in a growing set of legal disputes between the Democratic-led House of Representatives and those it has subpoena for Trump's financial records.So far, Trump has sued the accounting firm Mazars USA as well as two banks, Deutsche Bank and Capitol One, to stop them from fulfilling House subpoenas. Separately, the Treasury Department has pushed back against Congress' request for Trump's tax returns held by the IRS.The accounting firm and banks haven't taken sides in the cases. Instead, the House general counsel is arguing opposite Trump to Judge Amit Mehta.In this case, the Democratic-controlled House Oversight Committee initially subpoenaed Mazars for all financial statements, communications and other documents related to Trump, a handful of his companies and his foundation from 2011 through 2018.Mazars became a target in the House investigation after former Trump personal attorney Michael Cohen accused Trump of fudging his wealth in an unsuccessful attempt to buy the Buffalo Bills football team and reduce his real estate tax burden.The committee sought the accounting firm's information on Trump by April 29.After Trump sued, Mehta temporarily halted the subpoena and was going to consider further questions about keeping the documents from Congress as the case progressed. But last Tuesday, Mehta said he was ready to hear the full arguments about the case in court, meaning his decision could come far earlier than previously expected.The House has argued that it has the authority to subpoena Trump's information, and says it is investigating potential constitutional, conflict of interest and ethical questions related to Trump's financial holdings. "The Committee is determining what legislation is required to ensure full public confidence in the officials charged with executing the nation's laws," the House wrote in a filing earlier this month.Trump's attorneys, conversely, say the President is being targeted by the Democrats for political reasons--that the subpoena doesn't have a legislative purpose. They also argue Trump will be harmed if his private information from his accountant is exposed.Generally, federal courts have refrained from limiting Congress' abilities.The House Financial Services and Intelligence committees are also investigating the President's finances and have delivered subpoenas to Deutsche Bank, Capitol One and other major banks.Trump, his businesses, and three of his children -- Ivanka, Donald Jr. and Eric -- are suing in New York federal court to stop the subpoenas to those banks and won't be heard by a judge until next week. 3864

Democrat presidential candidate Tulsi Gabbard has sued former Secretary of State Hillary Clinton for defamation, according to a 140

Companies are hurting for workers, and that means they're offering candidates really good benefits. One of the most attractive benefits out there right now? Shorter workdays. Some companies are making their workdays as short as just five hours. 256

COLORADO SPRINGS, Colo. – President Donald Trump and Sen. Cory Gardner propped up one another as well as the Republican policies implemented by both as they 169

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