To: SeekAndFind
In the case of Weisselberg, the nonwage compensation included: leased Mercedes-Benzes, an apartment on Manhattan’s Upper West Side, as well as tuition for private schools for his grandchildren.
I don't think nonwage compensation for private school education of grandchildren is considered a legit business expense.
To: Observator
I don't think nonwage compensation for private school education of grandchildren is considered a legit business expense.
The Arizona Private School Tax Credit Program allows your company to donate up to 100% of what it owes in state taxes to the Arizona Private School Tuition Organization (APSTO) and receive a dollar-for-dollar tax credit against its tax liability.
Not sure what New York tax credits for education are.
To: Observator
I don't think nonwage compensation for private school education of grandchildren is considered a legit business expense.
The Arizona Private School Tax Credit Program allows your company to donate up to 100% of what it owes in state taxes to the Arizona Private School Tuition Organization (APSTO) and receive a dollar-for-dollar tax credit against its tax liability.
Not sure what New York tax credits for education are.
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