Didn’t a wealthy Democrat donor already pay all of Hunter’s (known) back taxes ages ago? So he just had to settle the failure to file accurately in the sweetheart plea deal?
Yes a billionaire paid Hunter’s unpaid taxes. That is income to Hunter. Hunter needs to pay the federal (and CA state) income taxes on the amount paid on his behalf. It is a gift to Hunter. I’ll bet he won’t.
Depending on when they were paid, interest was due from day 1…and then interest on the interest. I had a bill due with them that was settled within $108 after a year. The interest on the interest was stunning over the next three years when we settled.