4min chapter

The Accounting Podcast cover image

Tax Evasion & Spreadsheets: A Lesson From Trump's CFO

The Accounting Podcast

CHAPTER

Tax Gap

The president of the trump organization was paid seven million dollars over 15 years. The benefits were known as fringe benefits, which are supposed to be reported on his pay stop. But he kept a spreadsheet that recorded these off-the-books benefits and reconciled it with his actual compensation. He is accused of unfairly singling out Donald Trump because New York's attorney general wants to go after him for this crime.

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