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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.
7 posted on 08/18/2022 9:56:45 PM PDT by Observator
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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.

10 posted on 08/18/2022 10:08:36 PM PDT by Tommy Revolts
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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.

11 posted on 08/18/2022 10:08:36 PM PDT by Tommy Revolts
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