[JSM_Liberty]

“How should the payment to Stormy Daniels be declared in order to make it NOT illegal? “

It was categorized as a legal fees payment to Cohen.

I assume the correct way to categorize it would be as reimbursement for NDA payment to Daniels.

[eyedigress]

You basically nailed it.

Trump signed 34 checks to Cohen. Legal Expense

No clue as to violation of law.

[Political Junkie Too]

I assume the correct way to categorize it would be as reimbursement for NDA payment to Daniels.

There is a big difference between what someone writes on the memo line on their check and what a transaction is coded as in the general ledger.

I'm sure that SAP hasn't coded "Porn Star" as a transaction code in their ERP system.

-PJ

[SeekAndFind]

RE: I assume the correct way to categorize it would be as reimbursement for NDA payment to Daniels.

So, he should have declared it that way and all would be fine?

I’m asking this as a serious question because this will affect a lot of businesses large and small regarding how they declare their expenses.

[SPDSHDW]

Which is still a valid deductible expense.

And anything related to a nda, which is a legal contract, is a legal fees.

Just a bunch of Klans asshats trying to destroy the competition and make an ass load of money doing it.