Donald Trump

Economists advising Donald Trump are pushing to keep a cap on the state and local tax deduction, limiting a valuable tax break for many residents of New York, New Jersey and California.

Biden's comments, timed to follow Tax Day, sought to highlight differences between his tax and economic agenda and Trump's.

Allen Weisselberg admitted to falsely testifying about his role in the valuation of assets the state proved at trial had been inflated for years to get favorable terms on loans.

The PCAOB found multiple deficiencies in every audit it reviewed from BF Borgers over the past two annual checks.

President Biden wants the wealthy to "pay their fair share." Ex-President Trump calls for "the biggest tax cuts." But labeling people as rich creates massive policy challenges.

The development comes as Trump is appealing a trial loss that resulted in a $454 million judgment against him and his company for inflating the value of assets by billions of dollars.

Trump said that he would make sure that "tariffs on foreign countries go up" and that "taxes on American workers and families will come down very substantially."

The tax credits now helping underwrite many electric vehicle purchases are top targets if Republicans win the White House or strengthen their grip on Capitol Hill in November.

Charles Littlejohn, 38, pleaded guilty to stealing Trump's tax data and leaking it to the New York Times and admitted taking tax information about thousands of other wealthy Americans, that he passed to ProPublica.

The former IRS contractor who stole and leaked the tax returns of former President Trump and other billionaires believed Americans had a right to the information, his lawyers told a judge.

The judge must decide if Trump intentionally inflated his annual financial statements by billions of dollars a year.

If he returns to office, Trump intends to make the individual cuts from the TCJA permanent and to keep corporate tax levels unchanged.

Donald Trump plans to make permanent the 2017 individual tax cuts that he enacted as president while keeping corporate tax levels unchanged in an appeal to working and middle class voters should he retake the White House.

The dollar figures in the report come from two years of records obtained by Democrats after a protracted court battle with Trump's former accounting firm.

The judge specifically criticized the accounting expert who testified for Trump.

At a campaign rally, the former president said he'd end tax exemptions for left-leaning schools.

Bartov testified that he "did not find any evidence of material misstatement" in the former president's financial statements and "no evidence whatsoever for any accounting fraud."

A prominent NYU accounting professor who is being paid to testify in Donald Trump's defense in a civil fraud trial heaped praise on the former president's financial records.

Central to the case are the statements of financial condition Trump had his accountants at Mazars USA LLP send to lenders detailing his assets and their values.

Her answers, and the documents displayed to her on the stand, show she was deeply aware of the importance of his net worth in securing the best terms on loans.