Likely Voter
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Junior Chimp
Posts: 8,344
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« on: May 20, 2016, 01:28:07 PM » |
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It would be unlikely for an indictment to come out of an audit. The fact that he is working with the IRS on it shows good faith so the most likely bad result for him would be fines, not a criminal indictment. I suspect one of the reasons he doesnt want to reveal his taxes is it may reveal how much he has paid in backtax and fines in previous years, showing how much he has pushed the envelope to pay as little as possible. That being said, I still think it is amazing that his own admission that he has been audited every year for the last decade doesn't get more scrutiny. Sure, everyone hates the IRS, but that is a serious red flag. They don't audit people year after year just for the kicks, they do it to people who have underpaid their taxes.
With regards to the fraud trial, that is a civil suit, so worst case he loses and pays some money. There is no criminal proceeding.
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