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Obama's birth certificate was released a week later, resulting in Trump's saying his tax returns would be released "at the appropriate time". [1] An undocumented immigrant housekeeper from Costa Rica working at Trump National Golf Club in Bedminster, New Jersey, earned $26,792.90 and paid more in federal income taxes than Trump did ($0) in 2011 ...
In August 2019, Vance subpoenaed the organization's accountants, Mazars, for Trump's tax returns. [3] In July 2020, the U.S. Supreme Court ruled that Trump's tax records could be released to prosecutors, [4] producing millions of pages of documents, reportedly including Trump's returns from January 2011 to August 2019. [5]
On a Schedule C form filed in 1984 for a purported consulting business, Trump reported no income but over $600,000 in unknown expenses. After New York State and City auditors rejected the unexplained expenses, Trump requested a tax trial. In separate 1992 trials, state and city judges ruled against Trump. [7]
The New York Times publishes a report stating that it has obtained at least two decades worth of tax return data for Trump, showing that he "paid no income taxes at all in 10 of the previous 15 years – largely because he reported losing much more money than he made" and that Trump engaged in "a decade-long audit battle with the Internal ...
While a losing verdict in the civil cases would mean Trump could be required to pay millions of dollars in damages, being found guilty in the coming criminal ones could result in jail time. That ...
Allen Weisselberg, a longtime executive for Donald Trump’s business empire whose testimony helped convict the former president’s company of tax fraud, was sentenced Tuesday to five months in ...
An audit of Trump's tax returns for 2002 through 2008 was "closed administratively by agreement with the I.R.S. without assessment or payment, on a net basis, of any deficiency." Tax attorneys believe the government may have reduced what Trump was able to claim as a loss without requiring him to pay any additional taxes.
Signed into law Dec. 22, 2017, the Tax Cuts and Jobs Act (TCJA) -- informally known as the Trump tax cuts -- contained a number of changes to individual tax rates that are set to expire after 2025....