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The bottom line is that it's all political.It's obvious you don't know any people who own businesses.I'd consider an indictment a problem. As would most people.you could have a problemI am sure you are also aware that assets can be placed into 15,000 different categories.I never worked for an attorney, yet I can read an indictment. And from what is laid out in the speaking indictment, it clearly shows a very high probability of guilt beyond a reasonable doubt.You are not and never worked with an attorney, yet Trump is guilty.
Kewl…
Indeed. But if you classify them in two different categories depending on if you're talking to the IRS or a lender......or give wildly different values for those same assets depending on if you're talking to the IRS or a lender, you could have a problem.
Maybe there's an Occultist on youtube who could explain this to you.
could being the keyword.
I know tax accountants who won't touch the tax returns of certain Rs or Ds.
But only Rs bad.
90% of the people in my community who own businesses always have their attorneys either filing or responding to lawsuits.
the US is lawsuit happy.
The problem is that the cost is passed to the customers.
Yep. I've owned five businesses. It's perfectly normal to keep a separate spreadsheet. There is nothing wrong with agreeing with your employee that certain expenses will be paid by the company in lieu of salary. And many of those expenses are deductible.
When you see things spun this hard with no mention that some things are and some are not deductible, but they just made it sounds like it all wasn't, you know it's another Democrat just lying.
The guy in the video I showed clearly has the knowledge to know that many expenses would be deductible for the company, and yet he didn't mention that at all
Two sets of books? Its a little more than political.
Bullshit. It is not normal to keep two sets of books. And yes, there are many companies that pay employee expenses. Of course those are deductible to the company, hell, salaries are deductible. But those paid expenses must be included in an employee's income reported to the IRS, except for a very few limited exceptions.It's obvious you don't know any people who own businesses.I'd consider an indictment a problem. As would most people.you could have a problemI am sure you are also aware that assets can be placed into 15,000 different categories.I never worked for an attorney, yet I can read an indictment. And from what is laid out in the speaking indictment, it clearly shows a very high probability of guilt beyond a reasonable doubt.You are not and never worked with an attorney, yet Trump is guilty.
Kewl…
Indeed. But if you classify them in two different categories depending on if you're talking to the IRS or a lender......or give wildly different values for those same assets depending on if you're talking to the IRS or a lender, you could have a problem.
Maybe there's an Occultist on youtube who could explain this to you.
could being the keyword.
I know tax accountants who won't touch the tax returns of certain Rs or Ds.
But only Rs bad.
90% of the people in my community who own businesses always have their attorneys either filing or responding to lawsuits.
the US is lawsuit happy.
The problem is that the cost is passed to the customers.
Yep. I've owned five businesses. It's perfectly normal to keep a separate spreadsheet. There is nothing wrong with agreeing with your employee that certain expenses will be paid by the company in lieu of salary. And many of those expenses are deductible.
When you see things spun this hard with no mention that some things are and some are not deductible, but they just made it sounds like it all wasn't, you know it's another Democrat just lying.
The guy in the video I showed clearly has the knowledge to know that many expenses would be deductible for the company, and yet he didn't mention that at all
This violation is exceptional in the sheer brazenness of it. Two sets of books with one claiming the items as a business expense and not linking it to the employee compensation, and the other actually deducting it from the stated compensation package. It is a clear tax avoidance strategy, and yes, the IRS seeks criminal indictments for such behavior. They issued 1,3330 indictments in 2015, the majority of them for tax avoidance.
You are so full of shit. Yes, all those things are deductible on a schedule C for a 1099 employee or a self-employed individual. This situation is different. Weisselberg was not a 1099 paid contract worker. He got a salary, and he had the lease paid for two Mercedes, and tuition was paid, which if it was for him would not have been taxable, but IT WAS NOT FOR HIM. He had the rent paid on an apartment, which also can be excluded from his taxable income if it was not his prime residency and he only stayed there while he worked. But it was his prime residence, he listed it as such, and it was not a convenience for the company and necessary that he live there.One set of books to track employee compensation, another set to mislabel that compensation and to present to the IRS for tax purposes.Calling that keeping two sets of books is absurd and done intentionally to make it sound like something it isn't
Serious felony.
It was a spreadsheet that tracked expenses the company paid for in lieu of salary. That's not reasonably called a set of "books." A set of books would mean that it's a P&L, not just a list of expenses.
1) There is nothing wrong with the company paying expenses in lieu of salary
2) Many of those expenses ARE DEDUCTIBLE. I gave a list of examples above. Internet access, phones, mobile phones, computer equipment, networking equipment, cars, gas, car repairs are just a partial list.
My businesses paid for all that stuff and more. My accountant reviewed everything and ensured that we filed taxes correctly. I clearly viewed that as part of my own compensation. There was nothing underhanded about it.
To call a list of those things a set of books is just ignorant and moronic. Obviously you like the way it sounds, which is why you say it and Democrats say it, so you'll pick it up and repeat it
Actually it is more like half a million when city and state taxes are added. Typically, a 75% fraud penalty is added to that amount, and then there is the interest. And yes, people have been indicted for not paying taxes on all benefits.One set of books to track employee compensation, another set to mislabel that compensation and to present to the IRS for tax purposes.Calling that keeping two sets of books is absurd and done intentionally to make it sound like something it isn't
Serious felony.
Fort Fun Indiana: "Serious felony."
Actually, no one has ever been criminally prosecuted for not paying taxes on all benefits.
So you stand behind spending millions of dollars for roughly $160K in taxes over a decade and a half?
Yes they did. Read the damn indictment or quit wasting our time and the bandwidth.Except expenses like $50,000 in private school tuition are NOT deductible. Not even close.Yep. I've owned five businesses. It's perfectly normal to keep a separate spreadsheet. There is nothing wrong with agreeing with your employee that certain expenses will be paid by the company in lieu of salary. And many of those expenses are deductible.
They didn't deduct it
Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
That's because they got caught after only a year or two, where they could defend their actions as a mistake.Actually, no one has ever been criminally prosecuted for not paying taxes on all benefits.
So you stand behind spending millions of dollars for roughly $160K in taxes over a decade and a half?
This has gone on for over a decade, which put's it into RICO.
And yet Trump is audited every year and the IRS never identified this as an issue. Sure, Chief, sure.
$160K tax underpayment over a decade and a half is peanuts. Even to me, much less a billionaire like Trump. And you morons spent millions on that and didn't even get Trump.
But if a woman gets punched in the face on the street, you morons have eliminated bail
Anybody whose income and assets are as high as Trump will have every year audited.
The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
I know quite a few accountants who only do taxes and some who only do business operations.I know there are Lawyers who specialize in tax, but what is a "tax accountant?"you could have a problemI am sure you are also aware that assets can be placed into 15,000 different categories.I never worked for an attorney, yet I can read an indictment. And from what is laid out in the speaking indictment, it clearly shows a very high probability of guilt beyond a reasonable doubt.You are not and never worked with an attorney, yet Trump is guilty.
Kewl…
Indeed. But if you classify them in two different categories depending on if you're talking to the IRS or a lender......or give wildly different values for those same assets depending on if you're talking to the IRS or a lender, you could have a problem.
Maybe there's an Occultist on youtube who could explain this to you.
could being the keyword.
I know tax accountants who won't touch the tax returns of certain Rs or Ds.
But only Rs bad.
Accountants are required to do everything.
^^The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
Democrats were desperate with this one considering how little came out of an investigation that took so many years and wasted so much money and still didn't even personally get Trump? All this time you kept screaming the whole time wait until the NY investigation comes in! Ouch, lol. Sucks to be you.
$10K in underpayment of taxes per year? Wow, you guys flamed out on this one
^^The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
Democrats were desperate with this one considering how little came out of an investigation that took so many years and wasted so much money and still didn't even personally get Trump? All this time you kept screaming the whole time wait until the NY investigation comes in! Ouch, lol. Sucks to be you.
$10K in underpayment of taxes per year? Wow, you guys flamed out on this one
Trump cultist excusing felonies, as expected
ProgBot cultists always assuming that anyone who disagrees with them belongs to a cult.^^The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
Democrats were desperate with this one considering how little came out of an investigation that took so many years and wasted so much money and still didn't even personally get Trump? All this time you kept screaming the whole time wait until the NY investigation comes in! Ouch, lol. Sucks to be you.
$10K in underpayment of taxes per year? Wow, you guys flamed out on this one
Trump cultist excusing felonies, as expected
ProgBot cultists always assuming that anyone who disagrees with them belongs to a cult.^^The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
Democrats were desperate with this one considering how little came out of an investigation that took so many years and wasted so much money and still didn't even personally get Trump? All this time you kept screaming the whole time wait until the NY investigation comes in! Ouch, lol. Sucks to be you.
$10K in underpayment of taxes per year? Wow, you guys flamed out on this one
Trump cultist excusing felonies, as expected
I better see my Primary Care Physician!ProgBot cultists always assuming that anyone who disagrees with them belongs to a cult.^^The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
Democrats were desperate with this one considering how little came out of an investigation that took so many years and wasted so much money and still didn't even personally get Trump? All this time you kept screaming the whole time wait until the NY investigation comes in! Ouch, lol. Sucks to be you.
$10K in underpayment of taxes per year? Wow, you guys flamed out on this one
Trump cultist excusing felonies, as expected
Nicely put. That was his only argument, you're a cultist!
Or....we've actually read the indictment.Bullshit. It is not normal to keep two sets of books. And yes, there are many companies that pay employee expenses. Of course those are deductible to the company, hell, salaries are deductible. But those paid expenses must be included in an employee's income reported to the IRS, except for a very few limited exceptions.It's obvious you don't know any people who own businesses.I'd consider an indictment a problem. As would most people.you could have a problemI am sure you are also aware that assets can be placed into 15,000 different categories.I never worked for an attorney, yet I can read an indictment. And from what is laid out in the speaking indictment, it clearly shows a very high probability of guilt beyond a reasonable doubt.You are not and never worked with an attorney, yet Trump is guilty.
Kewl…
Indeed. But if you classify them in two different categories depending on if you're talking to the IRS or a lender......or give wildly different values for those same assets depending on if you're talking to the IRS or a lender, you could have a problem.
Maybe there's an Occultist on youtube who could explain this to you.
could being the keyword.
I know tax accountants who won't touch the tax returns of certain Rs or Ds.
But only Rs bad.
90% of the people in my community who own businesses always have their attorneys either filing or responding to lawsuits.
the US is lawsuit happy.
The problem is that the cost is passed to the customers.
Yep. I've owned five businesses. It's perfectly normal to keep a separate spreadsheet. There is nothing wrong with agreeing with your employee that certain expenses will be paid by the company in lieu of salary. And many of those expenses are deductible.
When you see things spun this hard with no mention that some things are and some are not deductible, but they just made it sounds like it all wasn't, you know it's another Democrat just lying.
The guy in the video I showed clearly has the knowledge to know that many expenses would be deductible for the company, and yet he didn't mention that at all
This violation is exceptional in the sheer brazenness of it. Two sets of books with one claiming the items as a business expense and not linking it to the employee compensation, and the other actually deducting it from the stated compensation package. It is a clear tax avoidance strategy, and yes, the IRS seeks criminal indictments for such behavior. They issued 1,3330 indictments in 2015, the majority of them for tax avoidance.
Two sets of books is still just the way you liars are calling it to make it sound bad.
Democrats are liars. You lie all the time. You lie about everything. Vulcans can't lie, you morons can't tell the truth
In fairness, you did mechanically ape whatever an online Occultist told you to think for a couple of months.ProgBot cultists always assuming that anyone who disagrees with them belongs to a cult.^^The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
Democrats were desperate with this one considering how little came out of an investigation that took so many years and wasted so much money and still didn't even personally get Trump? All this time you kept screaming the whole time wait until the NY investigation comes in! Ouch, lol. Sucks to be you.
$10K in underpayment of taxes per year? Wow, you guys flamed out on this one
Trump cultist excusing felonies, as expected
You should read your posts that are consistently Orange Man Bad and TrumpBot.In fairness, you did mechanically ape whatever an online Occultist told you to think for a couple of months.ProgBot cultists always assuming that anyone who disagrees with them belongs to a cult.^^The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?
Democrats were desperate with this one considering how little came out of an investigation that took so many years and wasted so much money and still didn't even personally get Trump? All this time you kept screaming the whole time wait until the NY investigation comes in! Ouch, lol. Sucks to be you.
$10K in underpayment of taxes per year? Wow, you guys flamed out on this one
Trump cultist excusing felonies, as expected
Your Ginger Messiah did have a very culty vibe.
The prosecutors made the claim. Poor todd doesn't understand it. Sounds like a todd problem. Good luck.Neato! Which would bring me down to your level then. Does that comfort you to believe we are all as ignorant as you? Now i see why you won't read the thread.
You made the ignorant claim.....still no backup?