Trump is being audited.....
haaaaaa.... and what?
IRS: Nothing prevents Trump from releasing tax returns
By Naomi Jagoda - 02/26/16 03:25 PM EST
Republican presidential candidate
Donald Trump is not prohibited from releasing his tax returns because he is being audited, according to the Internal Revenue Service.
“Nothing prevents individuals from sharing their own tax information,” the IRS said in a statement.
[...]
http://thehill.com/policy/finance/270964-irs-nothing-prevents-trump-from-releasing-tax-returns
Apr 5, 2016 @ 02:23 PM
Donald Trump Won't Release His Tax Returns While Under Audit. But Richard Nixon Did.
Joseph Thorndike, Contributor
[...]
As for Trump, he has consistently refused to release any portion of his returns, including the Form 1040. While thumbing his nose at four
decades of tradition, he’s offered up a variety of excuses, saying his returns are too big, too complicated, or still unfinished.
Most recently, Trump has explained his failure to release by saying that his returns are under audit by the IRS. He seems to think that’s a real excuse, but it’s not. There is no legal bar to releasing a tax return while it’s being audited, as the
IRS has confirmed.
More to the point, there’s precedent for releasing returns while they’re being audited: Richard Nixon did it more than 40 years ago.
Nixon was not a guy naturally inclined to be transparent. But in the fall of 1973, he was in a world of hurt concerning his personal finances. In particular, critics were suggesting there was something fishy about his tax returns. Nixon defended himself, even insisting to one dubious audience that
“I’m not a crook.”
Donald Trump Won't Release His Tax Returns While Under Audit. But Richard Nixon Did.
nice try though.