[Attention Surplus Disorder]

If an employee is paid, in cash or goodies of some kind, that payment to the employee is an expense to the employer and a tax burden to the employee. So if Trump & Co never reported these payments or renderings, they did not take the deduction(s) for same which would result in an OVERpayment of taxes. The whole thing makes little sense. By the way, what happened to the property overvaluation accusation through which Trump was able to borrow more than the properties might have collateralized? All those loans were paid off many years ago. None of the lenders is claiming to have been unpaid. We’re onto something else, now?

[MileHi]

We’re onto something else, now?

Yes. And they'll never stop.

[Alberta's Child]

The Trump Organization was giving the CFO an apartment rent-free so the guy could stay there while he worked at his office in New York City. His full-time residence was 3+ hours away in the Hamptons. This was perfectly legal, and was a legitimate deductible expense for the company. It’s no different than your employer paying the cost to put you up in a hotel room on a business trip to the company’s home office.

This arrangement became a tax problem when the CFO sold his home in the Hamptons and moved into the apartment as his primary residence. In that case, he is supposed to report the rental value of the apartment on his tax as taxable income.