DONALD TRUMP AND TAXES LESSONS LEARNED
Lesson 1: it is possible to pay zero tax LEGALLY. Some may object to a tax system that allows that. But no one has accused Donald Trump of illegality here.
Lesson 2: A top tax professional can save a taxpayer a lot of money. It is not that Donald Trump knows taxes better than anyone else. He found top tax professionals that he could trust. You do not need to be a billionaire to recognize the value of a trusted and competent tax adviser. The tax rules that allowed Donald Trump to pay zero taxes are not some arcane knowledge known only by a few tax pros who work for billionaires. These rules are WELL KNOWN TO ANY TOP ENROLLED AGENTS (the top federal tax credential).
At Torchlight Tax, our Enrolled Agents will get you every legal tax break and save you tax dollars. Talk to us.