To claim the I Will Always Place The Mission First I Will Never Accept Defeat I Will Never Quit Shirt, the consulting arrangement must be an “ordinary and necessary” part of running the business. With fees that reasonable and market-based, according to the I.R.S. The recipient of the fees still required to pay income tax. Maybe. But if he can get away with straight-up illegal confessions on national TV, probably illegal means nothing. Just to point out the obvious – taxes are assessed by both the feds and the state. And while state laws vary from federal tax law and from one another.
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Your personal situation in an I Will Always Place The Mission First I Will Never Accept Defeat I Will Never Quit Shirts. If Donald Trump has been illegally lying on his federal tax forms for 15 years. The twin superpowers of “presidential pardon” and “complicit DoJ” can work. Their slimy get-out-of-federal-prison-free magic. Odds are very good that by 2024, the entire Trump family is declared a criminal syndicate. And persona non grata in the entire state of New York. As in: “The moment they set foot in or even fly over the tiniest sliver of our state, arrest them immediately”. We can only hope. Probably would just hang out in a state that won’t execute a warrant against him.
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