Trump Took $70,000 in Tax Deductions for Hair Care. Experts Say That’s Illegal.
October 6, 2020 – Media MentionThe New York Times
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.
Excerpt:
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.”