Ivanka Trump Could Be Going Down Thanks To Her Dad's Tax Fraud
Sometimes those fancy tax lawyers and accountants are not nearly as smart as they tell you they are...
S E E D E D C O N T E N T
Donald Trump's tax returns show that he paid his daughter Ivanka as a consultant, even though she is a member of the company which is against IRS rules.
Via The New York Times:
Mr. Trump reduced his taxable income by treating a family member as a consultant, and then deducting the fee as a cost of doing business.
The "consultants" are not identified in the tax records. But evidence of this arrangement was gleaned by comparing the confidential tax records to the financial disclosures Ivanka Trump filed when she joined the White House staff in 2017. Ms. Trump reported receiving payments from a consulting company she co-owned, totaling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Vancouver and Hawaii.
Ms. Trump had been an executive officer of the Trump companies that received profits from and paid the consulting fees for both projects — meaning she appears to have been treated as a consultant on the same hotel deals that she helped manage as part of her job at her father's business.
Fake consulting deals with members of a company that is also managing the same project are a big red flag to the IRS. Trump hid income by listing his own daughter a consultant on projects that she was managing. In other words, Ivanka Trump and her father were cheating the United States government, and the American people to hide income and avoid paying taxes.
The implications of Trump's tax returns go far beyond his lies about his wealth and the potential tax fraud that he has committed for decades. It turns out that cheating the American people is part of the family business.
Ivanka Trump has already been under investigation for potential tax crimes related to the 2016 presidential inauguration, but the scheme with her father could have greater implications. It clear that out of the Trump children Ivanka is the favorite who is being groomed as the political and business heir apparent to Trump.
She also could share her father's legal jeopardy, as daddy could be taking his little girl down with him for his decades of theft and fraud.
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Jason Easley
Mr. Easley is the founder/managing editor and Senior White House and Congressional correspondent for PoliticusUSA. Jason has a Bachelor's Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.
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Member of the Society of Professional Journalists and The American Political Science Association
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And, sometimes all those fancy tax lawyers and accountants are not nearly as smart as they tell you the are. This whole tax thing stinks. Anyone else would already be in prison...
just point out any illegality on Trump's returns.
You could just read the article instead of asking such inane questions. All the illegality is plainly explained if you just looked!
so, where are the charges?
The criminal charges are pending. Stay posted!
gosh, where have I heard that before?
must have been here every day for 4 years!
You are remembering the predictions about Hillary the never materialized unlike what is going to unfold for Trump and Co in 2021...
so now you think you can read minds?
LOL!
I can't help how transparent your thoughts are!
dang, more weak sauce?
lol!!!!
“Anyone else would already be in prison..”
not so, just look at al sharpton, the pillar of racial equality.
Well she's being going down on daddy for a long time now . . . . .
I'd love to see the trumpturd family stripped of all their ill gotten gains/wealth and behind bars for the rest of their lives.
They are going to need a new wing at Terre Haute...
Poor Ivanka cursed with being a Trump.
Don't matter---she's gone down before. Her only mainstay is on 'The China Road'.
Do stripes make her look fat?
No strips but orange is the new thug.
Too bad Orange Is The New Black got cancelled!
Are the ball and chain from Tiffany & Co.? Or did they go to Jared's?
A line in a 'not published book' I wrote had the line, "Thick in all the right places."
In this case it's a version of "thick as thieves".
Now we know that Trump "needs" to win the election. If he doesn't his entire family may end up in jail.
Orange is definitely their color...
When I read that article, all I could think of was....