#Trump May Owe $100 Million From #DoubleDip Tax Breaks, Audit Shows
A previously unknown focus of an #IRS audit is a dubious accounting maneuver that effectively meant taking the same write-offs twice on his #Chicago skyscraper.
The first write-off came on Trump’s #tax return for 2008. With sales lagging far behind projections, he claimed that his investment in the condo-hotel tower met the tax code definition of “worthless,” because his #debt on the project meant he would never see a profit. That move resulted in #Trump reporting losses as high as $651 million for the year, The Times & ProPublica found.
…The outcome of #Trump’s dispute could set a precedent for #wealthy people seeking #tax benefits from the laws governing partnerships. Those #laws are notoriously complex, riddled with uncertainty & under constant assault by lawyers pushing boundaries for their clients. The #IRS has inadvertently further invited aggressive positions by rarely auditing partnership tax returns.
#MichaelCohen is called. Susan #Hoffinger, the head of investigations at the Manhattan DA's office, will handle the questioning for the prosecution. She was in the courtroom when Cohen testified in #Trump’s #civil#fraud trial — he did well during direct examination but not-so-much during cross.
Hoffinger starts by asking Cohen about his background, & he says he’s a descendant of Holocaust survivors. He “really didn’t want to be a lawyer,” but that his family is filled w/them.
I just got emails that sure looked like official messages from my bank saying I'd added a Zelle recipient and sent him a bunch of money.
Of course I didn't click on any of the links; I just went to my bank's website and checked my accounts, and everything is fine. Also: The Zelle messages referenced an account ending in four digits which match none of my bank accounts.
So a warning that fake messages like this are circulating.
A fmr White House aide who worked closely w/ #Trump returned to the stand to testify about a significant meeting between Trump & #MichaelCohen his personal lawyer that is at the center of Trump’s #criminal trial.
How does this dude not get punched in the face every time he steps out of his house? He's claiming that "lots" of #undocumentedImmigrants are #voting in #federalElections, despite the fact that it's already illegal for them to vote. And his evidence for this massive #fraud is that there's no evidence. If you or I said something like this at work we'd be fired for incompetence.
The decision to hear the appeal reopens the possibility that#FaniWillis, the Fulton County district attorney, could be disqualified from prosecuting Trump & 14 #CoConspirators over efforts to overturn the 2020 election.
At issue is a romantic relationship she had w/ #NathanWade, a lawyer she hired to handle the prosecution of #Trump. Defense lawyers argued that the relationship amounted to an untenable conflict of interest, & that DA #FaniWillis & her entire office should be removed from the case.
Protect your info online folks and don't expect much from AirBnB if you get a fraudulent charge from them on your card!
I recently saw an AirBnB purchase on my credit card. I did not make it. $CAD466 for a reservation in London. I have never even had my CC connected to AirBNB and my account is secure. It was obviously made by someone who got my CC info.
I saw it a couple days after the transaction but it was still pending on my statement. So I called my bank (VanCity) and they asked all the right questions, removed the "token" for AirBNB so other transactions couldn't be made, and encouraged me to contact ABNB, screenshot any communications, and try to get them to reverse the transaction.
I had three conversations with ABNB. The first, text chat, I explained the situation, they were receptive but it ended without any resolution.
After waiting a few hours for a response, I called ABNB for another conversation. This one ended with them agreeing, verbally, to refund the amount in 24-48hrs.
However, immediately after the end of that conversation, they sent an email, attached here, where they argued, without evidence, and despite the fact the support person said it was someone in Montreal named James, (I know no one in Montreal named James!) that the most likely explanation was that it was a friend or family
member. 😡 They would not refund.
After I sent a spirited reply demanding evidence they said they would only give it under supeona or a police investigation!! 🤯 (full text in image alt)
So ya hey AirBnB: Suck it.
I have gone back to my bank to have the number deactivated and put in a charge dispute. It could take up to 3 months for the charge to be refunded! #Privacy#Fraud#AirBnB#CreditCards#VanCity
"This is absolutely ridiculous. I have never shared my credit card information with anyone but my wife and neither of us have ever used it with AirBnB.
This is horrendous customer service. You should be ashamed. I will notify the RCMP of your complicity in this fraud and will let my network know that this is how AirBnB deals with fraudulent charges.
🇨🇦 🇺🇸 Americans arrested in alleged multi-million mask swindle of Canadians during pandemic
Two New Yorkers alleged to have defrauded supplier to Canadian provinces"
"..a source familiar with the case said the company was tasked by Canada's federal government to deliver masks to Alberta and Quebec. He said the masks were intended for hospitals and public workers"
"Breaking news: The US Securities and Exchange Commission has shut down the auditor of Donald Trump’s social media company, accusing it of 'massive fraud' "