Did you read the linked article by Taxwarriors? I am reporting based on their analysis, not my opinion since I’m not an expert.
“Did you read the linked article by Taxwarriors? I am reporting based on their analysis, not my opinion since I’m not an expert.”
Yes the article gives many reasons why Trump wouldn’t want to release his tax returns. But none of those reasons have anything to do with whether you’re being audited or not. It did say that tax professionals and lawyers would advise you not to release them, but again, ask a tax adviser or lawyer whether you should ever voluntarily give up any info and they’re always going to say no. Be prudent. Don’t release anything.
I have nothing against Trump saying he won’t release his returns. I don’t even think he needs to give an excuse. I just want him to stop thinking he’s fooling people with the audit excuse. We’re not that stupid.
No, I was responding to what you wrote. For curiosity sake, I'll go back and read it later.
I don't claim to be a tax expert but I have prepared a lot of tax returns in my previous career. Although my area of specialization are in audit and forensics, I have prepared enough corporate returns to question whether they would have much strategic value for a competitor.
Having been through tax audits with clients before, the audit excuse for Trump not releasing his returns doesn't pass the smell test, IMO. If Trump doesn't want to release his returns based on principle, he should just say so.