Published 3 months ago

Trump Faces Potential Multi-Million Dollar Tax Bill in Chicago Tower IRS Audit

Former President Donald Trump is at risk of owing over $100 million to the IRS due to potential tax discrepancies related to a Chicago skyscraper, as reported by The New York Times and ProPublica.
The New York Times and ProPublica's findings were based on a year-long audit and public filings.
The audit raised concerns about Trump's handling of tax losses, which could result in a substantial bill from the IRS.

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The Hindu

Donald Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower: report

Donald Trump faces potential $100 million IRS bill for alleged tax scheme involving Chicago skyscraper, per NYT report.

3 months ago·India

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The Independent

Trump’s use of dod accounting on Chicago tower means he could be $100m in red

The former president’s tax records have been under scrutiny since the 2016 election

3 months ago·London, United Kingdom

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NDTV

Trump Could Owe Over $100 Million In Taxes If He Loses Audit Case: Report

Former US President Donald Trump could owe more than USD 100 million in taxes if he loses years-long Internal Revenue Service (IRS) inquiry into his claims of huge losses on his Chicago skyscraper, the New York Times reported. According to an Internal Revenue Service inquiry uncovered by The New York Times and ProPublica, Trump used a "dubious accounting maneuver" to claim improper tax breaks from his troubled Chicago tower. The 92-storey, glass…

3 months ago·New Delhi, India

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Associated Press News

Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower

A report by The New York Times and ProPublica says former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he

3 months ago·United States

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Hindustan Times

Donald Trump's troubles continue: IRS audit could cost ex-US President more than $100 mn over Chicago tower

In another blow to Donald Trump, it has been revealed that he used a questionable accounting trick to claim unwarranted tax deductions on his Chicago tower.

3 months ago·New Delhi, India

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abc News

Report: Trump may face a $100 million-plus tax bill in IRS audit over Chicago tower

A report by The New York Times and ProPublica says former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied to a Chicago skyscraper

3 months ago·United States

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