Trump Took $70,000 in Tax Deductions for Hair Care. Experts Say That’s Illegal.October 6, 2020 – Media Mention
Greenberg Glusker entertainment and tax partner, Sky Moore, provides remarks to The New York Times regarding the tax deduction of reimbursed business expenses in the article, "Trump Took $70,000 in Tax Deductions for Hair Care. Experts Say That’s Illegal.", published on October 6, 2020.
Taxpayers are not allowed to deduct reimbursed business expenses.
“That would be a crime if it’s intentional,” said Schuyler M. Moore, a tax expert at the law firm Greenberg Glusker in Los Angeles and the author of the legal treatise “Taxation of the Entertainment Industry.”