Presidential Tax Accountability and Audit Integrity Act

The Presidential Tax Accountability and Audit Integrity Act prohibits the Treasury Secretary from honoring any agreements, waivers, or orders that affect federal tax matters involving the President, their immediate family members, or closely associated business entities during the President's term in office. The bill applies retroactively to instruments created after January 20, 2025, ensuring that tax assessment periods for these individuals do not expire until three years after the President leaves office. To ensure transparency, the Treasury Department is required to submit reports to Congress and make them publicly available within seven days of any such instrument being identified, with additional updates every thirty days. These disclosures are permitted under federal tax privacy laws specifically to identify the affected taxpayers and detail the actions taken to enforce their tax obligations.