Trump Tax Moves Stir Questions About Potential Legal Exposure

Sept. 28, 2020, 7:49 PM UTC

Deductions for haircuts, consulting fee write-offs, a family estate that is treated as a business property and an aggressive refund claim could open President Donald Trump to legal risks once he’s out of office.

An analysis published by the New York Times based on more than two decades of Trump’s tax returns the news organization obtained show that Trump took aggressive tax positions and that the IRS is challenging a $72.9 million refund claimed a decade ago in an audit that has yet to be resolved.

If the Internal Revenue Service ultimately prevails, Trump could be liable for millions of ...

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