Tax Warrior Chronicles

What Trump’s 2005 Tax Return Tells Us, and What It Doesn’t…

Posted on Fri, Mar 17, 2017

By: Rosalind W. Sutch, CPA, MT

 

On Tuesday night, March 14, 2017, David Cay Johnson was featured on Rachel Maddow’s MSNBC show sharing the first two pages of Donald & Melania Trump’s 2005 Federal Form 1040.  Many watched in hopeful anticipation that all their quandaries about Trump and his financial matters would be answered.  Those who tuned in were sorely disappointed.

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March Madness – Let’s Skip Right to the “Elite Eight”

Posted on Mon, Mar 13, 2017

By: Eric R. Elmore

 

Yesterday, the NCAA announced the top 64 men’s basketball teams who will compete for the national championship. March Madness has officially begun! For the next two weeks, we will watch and cheer for our favorite programs to eventually cut the nets and hoist the trophy. Likewise, we’ve also selected our top blogs of 2016—some that can help you with your upcoming tax filings—and you don’t have to wait two weeks to see our winners!  Below are our “Elite Eight” blog posts of 2016. You may find the slam dunk you need to save tax dollars in 2017; or, at the very least, be amused and informed!

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Trump on Trump – How His Tax Plan Benefits Him Personally

Posted on Fri, Jan 20, 2017

By: Peter Derby, CPA

 

Today, Republican outsider Donald J. Trump will become the 45th President of the United States.    We’ve heard him proclaim his ownership in companies worth “billions and billions of dollars.”  Assuming the Trump empire consists of both corporate and pass-through entities, Mr. Trump is in a position to help himself and his family financially via his proposed changes to U.S. tax law. Here is a high-level look at parts of his plan that may benefit wealthy Americans to the tune of “millions and millions of dollars.”

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