What a bunch of hooey. Trump has a myriad
of tax attorneys and accountants. Him,
being a huge target for tax fraud
alligation, would not risk losing his
fortune and possible jail time.
Exactly. I’m a small potato worth less than a million but I pay a tax accountant. I pay her well. I provide her all our info for ourselves and our business, she tells me what can and cannot be deducted. The irs tax code is how many docs and pages? No American even an accountant can get it right 100 percent of the time. This year the irs sent me a letter that she forgot a 500 dollar credit and adjusted my return accordingly. I was shocked.
That said the burden of an individual to know the code and sign off on the accuracy is ludicrous.
“ What a bunch of hooey. Trump has a myriad
of tax attorneys and accountants. Him,
being a huge target for tax fraud
alligation, would not risk losing his
fortune and possible jail time.”
You are missing the point. My elderly mother in law told me “Trump hasn’t paid taxes in 20 years”. That’s repeating media gaslighting about a real estate loss carry forward that was 100% legit.
They want to twist the truth for gullible people who don’t understand the tax code.