Sally Vix wrote:
Trollminator wrote:
To educate you on the topic for the Nth time, trump is responsible for the numbers provided to those professionals, not them. If they take it upon themselves to fudge numbers on his behalf or they knowingly use numbers they know to be fraudulent then yes they put themselves at risk.
Happy Groundhog Day!
Sooooooo Trump tells his tax attorneys that 550 5th Avenue is worth $1. You think they just might pull up the county appraisal district records and see what it is appraised at or will they just quickly put $1 as its valuation and be done with it?
I've pointed out before that you are wrong on this subject. First, neither of us know that an attorney has 'signed off' on those numbers. As an attorney who works in the tax area, I assure you that I don't appraise buildings, review rent rolls or otherwise perform the duties a client's internal accountants and finance department would be expected to perform. Second, attorneys wouldn't be preparing the returns for the Trump organization and would only be 'signing off' on a particular item if asked by the Trump organization or the clients. Third, the accountants preparing the tax return and an attorney, if asked for his opinion w/r/t an item, typically would not risk penalties, but they would rely on the information provided by the client. Finally, the casebooks have a number of cases where accountants have signed off on fraudulent information from clients. Sometimes it is because they are dumb, sometimes it is because they need the business that badly and take the risk, sometimes it is because they are already involved with the client's fraud(s) due to past deals and returns.