A ProPublica and New York Times investigation found that a lengthy IRS audit concluded Donald Trump took the same huge deduction twice. As one of their tax experts put it, “I think he ripped off the tax system.” From ProPublica: Former President Donald Trump used a dubious accounting maneuver to claim improper tax breaks from his troubled Chicago tower, according to an IRS inquiry uncovered by ProPublica and The New York Times.

Sections:  politics   
BING NEWS:
  • Report: Trump may face $100M+ tax bill if he loses IRS audit fight over Chicago tower
    Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied to a Chicago skyscraper, according to a report by The New York Times and ...
    05/12/2024 - 5:30 am | View Link
  • Report: Trump may face a $100 million-plus tax bill in IRS audit over Chicago tower
    A report by The New York Times and ProPublica says former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied t ...
    05/11/2024 - 8:57 am | View Link
  • Trump may owe $100 million from double-dip tax breaks, audit shows
    Donald Trump used a dubious accounting maneuver to claim the same write-offs twice on a Chicago tower, an I.R.S. audit uncovered by The Times and ProPublica shows.
    05/11/2024 - 8:33 am | View Link
  • Report: Trump may face $100 million-plus tax bill if he loses IRS audit fight over Chicago tower
    The findings could put renewed focus on Trump's business career as the presumptive Republican nominee tries to regain the White House.
    05/11/2024 - 8:15 am | View Link
  • Trump's tax cheats on Chicago tower may cost him $100 million
    Per ProPublica and the New York Times, Trump could owe more than $100 million to the IRS for the evasive move, though they note that IRS actions in investigating and collecting on the sum have been ...
    05/11/2024 - 6:50 am | View Link
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