Page 497 - Audit News Today

A cookie refund. where i want one of those. but its where the irs gives you the money back when you requested. and with a certain program that they have, it triggers an automatic audit. that audit from 2009 has been going on, could be going on today. could be going on when he entered the white house. he actually was under audit but it looks like -- mandatory audit. when they picked up the file with the irs agent. the mandatory presidential audit thats gone on every president. they saw that audit...

Lies told about being under audit. can you quantify or describe the effort that went into keeping trumps taxes from the public on trumps part? >> sure, ill answer that i want to talk about the audit. for, years as he was in the lead up to running he said that he would release his taxes. and that he would release them under certain circumstances. many just decided that he wasnt gonna release. and he fought to least of them all the way up to the supreme court. not once, twice. they are eventually ...

20 something were -- kryptonite for him that he doesnt want known is -- tax return or tax return after tax return. but hes just a wildly bat is this man. and just under cuts what he -- asked for and got the 72. 9 million-dollar refund. all the income task he paid on that rush of money that he got from the apprentice from 2005 2008. he was able to do that because of the abandonment of his in dress. that allowed him to get whats known as -- a cookie refund. where i want one of those. but its where...

The past 12 months have been a somewhat tumultuous time for Mind Springs, a Grand Junction-based mental health provider.

Its important that the american people know, watsons tax return, how he makes his money -- its a great day for everybody that this is happening weather at the democratic president -- and should be mandatory. >> in between rating the 16 committee transcripts, i went back and watch mitt romneys attack on donald trump in the primaries in 2016. romney one afternoon for busting the norm. im not really seeing his taxes. extraordinary effort, work, and time you need to think went through shielding the ...

Paid on that rush of money that he got from "the apprentice" from 2005 to 2008, he was able to do that because of the abandonment of his casino interests. so that allowed him to get what is known as, and this is actually a real thing, it is called a quickie refund, i want one of those, but it is where the irs just gives you the money back when you request it, under the certain program that they have, and then it triggers an automatic audit. that audit from 2009 has been going on, it could be goi...

Tomorrow that we will be seeing his tax returns in public. this is an important part. the democracy is understanding the president and his finances. he refused to do this. year after year after year. if he had only done it at the beginning, i dont think we would be here today. but it is important that the american people know what is in his tax returns, how he makes his money and the pressure on him and i think it is really, i think that is just a great day for everybody that that is happening, ...

Into keeping trump taxes from the public on trumps part? >> sure, i mean i can answer that and i want to talk about the audit. but he for years, as he was in the lead-up to running, he said he would release his taxes and then he would release them under certain circumstances, and then he just decided he wasnt going to release them. and he fought the release of them all the way up to the supreme court. if not once, twice. they were eventually handed over to cy vance and the manhattan district att...

And irs agents are just often reluctant to start a new audit when one is going on, and i think that kind of overwhelmed them, and it would be one of the issues why the audit didnt go ahead. but the question that i have, and i hope we get some answers tomorrow, im not so optimistic, it is going to depend, you know, the committee got its taxes and audit notes, whether these audit notes are going to be released, but why hasnt that 100 million dollars, it goes against, it was 72.9 million when it st...

Account apts said that his presidential returns had to be squeaky clean. so i suspect that things got cleaned up some later on. >> yeah. and it is interesting and that is a little bit of what kristin was talking about earlier, too, you said it is key about foreign entities where would -- where was the money going and what foreign entities was he involved with. we know that president trump was supposed to have a mandatory audit from the irs and he didnt have one three out of four years. he was al...