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Keyword: kushnertaxes

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  • The creative accounting that allowed Jared Kushner to dodge paying income taxes is totally legal

    10/14/2018 3:15:33 PM PDT · by Innovative · 69 replies
    Business Insider ^ | Oct. 14, 2018 | Ellen Cranley
    A Saturday report from The New York Times found Jared Kushner, President Donald Trump's son-in-law and senior adviser, paid little to no federal income taxes from 2009 to 2016 using legal tax mechanisms. An IRS policy known as depreciation is a deduction Kushner Cos. used to diminish its taxable income on properties largely bought with borrowed money. Though not illegal, the filings show how real estate tax codes leave room for profitable maneuvering. The New York Times found Jared Kushner, President Donald Trump's son-in-law and senior adviser, paid little to no federal income taxes from 2009 to 2016 — without...