see url:
https://therealdeal.com/2021/07/01/trump-org-cfo-systematically-cheated-on-taxes-prosecutors-say/
see full report...
Quote<<<
Prosecutors on Thursday charged the Trump Organization and its chief
financial officer with systematically and illegally evading taxes for
years, largely by failing to report compensation.
The former president’s development firm and CFO Allen Weisselberg used a
variety of schemes to cheat the government, according to an indictment
that Manhattan District Attorney Cyrus Vance unveiled.
One, the company’s alleged payment of tuition for Weisselberg’s
grandchildren, has already been reported; that amount was specified
Thursday as $359,000. But the company also paid the rent and utility
bills on his Manhattan apartment, leasing costs and garage fees for his
and his wife’s Mercedes Benzes, and expenses for his house in Florida
including beds, televisions, furniture and carpeting, officials said.
This allowed Weisselberg to understate his income by a total of $1.76
million from 2005 to 2017, saving the Trump Organization on payroll
taxes in the process, the complaint alleges. And for most of those
years, through 2013, Weisselberg filed taxes as a resident of Wantagh,
New York, but was actually spending most of his nights in a Riverside
Boulevard apartment building on the Upper West Side, formerly known as
Trump Place. This allegedly allowed him and the company to duck certain
city taxes — in Weisselberg’s case, $210,923 in income taxes.
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