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How is IRS audit still ongoing for Trump returns

Posted on 11/2/20 at 9:45 am
Posted by thelawnwranglers
Member since Sep 2007
38795 posts
Posted on 11/2/20 at 9:45 am
I don't care if he releases them or not but 4 years later no resolution?
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57367 posts
Posted on 11/2/20 at 9:45 am to
I mean...it is the IRS
Posted by Bjorn Cyborg
Member since Sep 2016
26809 posts
Posted on 11/2/20 at 9:45 am to
Why do you care about another man's taxes?
Posted by Zanzibaw
BR
Member since Jun 2016
2947 posts
Posted on 11/2/20 at 9:46 am to
Because there is nothing there but they dont want to lose it as a talking point.
Posted by therick711
South
Member since Jan 2008
25173 posts
Posted on 11/2/20 at 9:51 am to
How is it that General Flynn still hasn't had his bill of information dismissed against him when there is an unopposed motion to dismiss with prejudice? We are over 175 days.
Posted by WildManGoose
Member since Nov 2005
4568 posts
Posted on 11/2/20 at 9:53 am to
If I had to guess, it's because it's the IRS and he's a multi-national, real-estate billionaire. One year's worth of his filings probably has more paperwork than my lifetime's worth.
Posted by thelawnwranglers
Member since Sep 2007
38795 posts
Posted on 11/2/20 at 9:53 am to
quote:

Why do you care about another man's taxes?


I care about a tax authority that can resolve an audit in 4 years

How anyone finds this acceptable is beyond me. Our government is a mess
Posted by thelawnwranglers
Member since Sep 2007
38795 posts
Posted on 11/2/20 at 9:54 am to
quote:

WildManGoose
If I had to guess, it's because it's the IRS and he's a multi-national, real-estate billionaire. One year's worth of his filings probably has more paperwork than my lifetime's worth.


Shouldn't take 4 years.

Every publicly traded companies get audited within months
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 11/2/20 at 9:57 am to
quote:

If I had to guess, it's because it's the IRS and he's a multi-national, real-estate billionaire. One year's worth of his filings probably has more paperwork than my lifetime's worth.




so bezos and faceboy and bloomberg and the rest of the leftists are under perpetual audit?

It's not that hard when you have an army, may be hard to conjure something from nothing
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18674 posts
Posted on 11/2/20 at 9:57 am to
quote:

How is IRS audit still ongoing for Trump returns



Audits can last for a long time. My Sister 7 BIL had one over 5 years on a much, much smaller business.
Posted by doubleb
Baton Rouge
Member since Aug 2006
36056 posts
Posted on 11/2/20 at 10:06 am to
I have an issue with the IRS and it’s been three years.
Posted by bstew3006
318
Member since Dec 2007
12576 posts
Posted on 11/2/20 at 10:07 am to
quote:

I don't care if he releases them or not but 4 years later no resolution?


IRS audits the POTUS taxes every year... They do this to every sitting U.S. president.
Posted by Tigerdew
The Garden District of Da' Parish
Member since Dec 2003
13594 posts
Posted on 11/2/20 at 10:08 am to
My company makes $30 million per year and we've been in an audit for 4 years now.
Posted by wartiger2004
Proud LGB Supporter!
Member since Aug 2011
17822 posts
Posted on 11/2/20 at 10:09 am to
We need a Flat Tax and toss out the rest of the unnecessary red tape BS that is the IRS.
Posted by ConcreteThreshold
Denver, CO
Member since Jun 2017
1193 posts
Posted on 11/2/20 at 10:09 am to
Great question. One would think this would be the common response to the tax return situation - nope, Trump's fault..
Posted by LSUwag
Florida man
Member since Jan 2007
17319 posts
Posted on 11/2/20 at 10:09 am to
That’s unacceptable.
Posted by Taxing Authority
Houston
Member since Feb 2010
57296 posts
Posted on 11/2/20 at 10:15 am to
quote:

How is IRS audit still ongoing for Trump returns
You ever dealt with any government body?
Posted by TigerDoc
Texas
Member since Apr 2004
9904 posts
Posted on 11/2/20 at 10:17 am to
quote:

I don't care if he releases them or not but 4 years later no resolution?


It's been much longer than that. DJT declared mass losses after the financial crisis and claimed a $73 million refund that's being disputed (it would be >$100 including in penalties if the IRS finds against Trump). The commissioner of the IRS has some conflicts of interests including >$100k annual income from Trump property investments. He refused congressional subpoenas for Trump's tax records and is surely in no hurry to resolve the audit.
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 11/2/20 at 10:17 am to
They are still auditing mine from 5 years ago.
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 11/2/20 at 10:18 am to
quote:

I care about a tax authority that can resolve an audit in 4 years

How anyone finds this acceptable is beyond me. Our government is a mess


Wait until they get ahold of healthcare.
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