Thursday 10 December 2020

Hunter Under Tax Probe?

 What's being said is that a fed investigation started up (US Attorney in Delaware).  Hunter Biden's state of residence (at least in the past) has been Delaware and that's where he would have filed state tax returns.  I won't vouch where his state of residence is today.  

Issues?  Presently (2020), if you work overseas for anyone....you are allowed 107,600 of tax-free status.  Once you go over the 107k.....the US tax code starts taxing you.  Each year, it goes up around $2k.  So in 2018, it was $103,900.  In these years of 2013/2014, I would take a fair guess it was around $96k a year.

The problem here for Hunter.....there's likely all this compensation stuff (free residence, etc), and there are certain ways that it can be handled, and reported.  If he had a 4-star tax accountant....they'd write the script and he'd just walk through this stupid fed investigation with no issues.

I would suggest....so far, Hunter hasn't been that bright, and those stupid laptops that he left (which are in the hands of the FBI).....gave a lot of tidbits over his travel business, his real pay, and compensation matters.  He might have written a decent tax return to avoid trouble, but if the FBI has dozens of other trails laid out and an extra two or three million dollars a year which he didn't declare....he's got trouble.

Compensation going to a foreign country business front?  Some guys would go and make such a front and fake their returns enough to show marginal income, while their business front was the real vehicle of making income.  Did Hunter get into this game?  Unknown.  Again, it's the matter of what the laptops did show as a trail.

Finally, you come to this one odd thing with that lawsuit over the kid that he had with that DC gal.  Hunter had to show what his value was in court and swear by that.  If stuff comes up to show that was a lie?  Well...the DC gal will take him back into court and he's a bigger mess to clean (not just the FBI).  

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