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For the comments pointing out he can release despite the audit, there's no benefit to releasing right now. For one, he's using it as a negotiating tactic in at
by talmand 10y ago
For the comments pointing out he can release despite the audit, there's no benefit to releasing right now.
For one, he's using it as a negotiating tactic in attempt to get something out of someone else he wishes to be made public. I believe it has come up with "release your medical records" or "release the transcripts" and "I'll release my tax returns".
For a guy like this and what he does, it is most likely there is something the IRS will complain about in the return. It could be something small or something big, it does not necessarily mean it is proof of wrong-doing. Mistakes are made all the time with complicated returns. There have been examples of the IRS giving incorrect advice on complicated returns after all. So, why not wait until the audit is done and all the IRS complaints have been addressed before releasing? Why hand over talking points to partisan political hacks that would likely make every little incorrect thing to be an example of alleged illegal activities?
For all the conspiracy theories that's he attempting to hide something in his returns assumes that the IRS is complicit or incompetent. I am more than satisfied that if the IRS finds something illegal they will be more than happy to conduct a criminal investigation. They have done so before with much less.
- oso2k 10y agoI hear your argument, but then why not release your previous year returns? Presumably, those have already been audited.
- talmand 10y agoNow that is a good question. From the IRS: Generally, the IRS can include returns filed within the last three years in an audit. Additional years can be added if a substantial error is identified. Generally, if a substantial error is identified, the IRS will not go back more than the last six years.