Tax Guru – Ker$tetter Letter

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Archive for the ‘TaxReturns’ Category

2015 Clinton 1040 Revealed

Posted by taxguru on August 19, 2016

The Clinton campaign released a copy of the Billary Clinton 2015 1040 to the public today, even though they were signed on 3/27/16.  No mention of why they waited four and a half months to release the return.

You can download a copy of this return via the Tax Analysts’ web-page I mentioned a little while ago.  It’s a 40 page PDF file.

I glanced over the return and have a few observations.

Gifts to Charity on Schedule A is $1,042,000.  The details of this on backup Schedule 4 are as follows: 

Desert Classic Charities                                       $42,000
The Clinton Crime Family Foundation           $1,000,000

Just as I discussed last year, 96% of the Clinton “charitable donations” for 2015 are payments to their own personally controlled illegal organized crime foundation.

From Daily Caller: 96 Percent Of Hillary’s Charitable Donations In 2015 Went To Clinton Foundation plus interesting discussion of this on Lucianne.com

 

HitleryDonation(2016-08-17)

Something that I haven’t seen mentioned anywhere else.  Besides Bill’s use of an LLC (WJC, LLC) on Schedule C for consulting income, Hitlery is also using her own LLC on two Schedules C to report speaking and writing income.  She also used this LLC on their 2014 1040. It’s called ZFS Holdings, LLC.  No mention of what the initials ZFS stand for.  Does anybody know?

As with their 2014 disclosure, there are no copies of their State income tax returns, although you can see that they deducted $1,369,277 for State Income Taxes Paid on Schedule A of their 1040.

ClintonRedKettle2WebCR-8_16_16

Trump is standing firm on his strategy of not making public his tax returns, in spite of Hitlery’s attempts to publicly harass and shame him into doing so.  Given the fact that IRS and other government agencies  flagrantly break all laws in the support of DemonRat politicians, I’m sure someone at IRS will "accidentally" leak copies of the Trump tax returns to their allies in the left-wing press who are acting as blatant propagandists for the DemonRat Party.

 

EmailTaxReturns(8-1-16)

 

TaxCoach Software: Are you giving your clients what they really want?

Posted in Clinton, TaxReturns | Comments Off on 2015 Clinton 1040 Revealed

Politicians’ Tax Returns

Posted by taxguru on July 14, 2016

I was researching for a comment on my favorite news site about a recent article that discusses the Clinton Crime Foundation, and wanted to get new copies of the Clintons’ income tax returns.  While there are links on several sites, including Hitlery’s campaign, I came across a treasure trove of tax returns for all US Presidents from FDR forward, plus several of the candidates.  Still nothing from Trump, but several others are there. 

This is a very handy reference, produced by the good folks at TaxAnalysts.  Anyone interested in these authorized peeks into the normally private finances of politicians should bookmark this site.  Having links to everyone’s tax returns in one place is a huge time saver over having to visit several individual sites.

Tax History Project – Presidential Tax Returns 

The discussion threads at Lucianne.com only stay active and online for a few days, so here is a copy of what I posted.

As I’ve pointed out previously, almost all of the charitable contributions claimed on the Clintons’ 1040s over the past several years have been payments to their own bogus foundations. I can´t locate a copy of their 2015 tax returns, but on their 2014 Schedule A, they have deducted $3,000,000 of charitable contributions to The Clinton Family Foundation. And they have the nerve to accuse others of cheating on their taxes.

Posted in TaxReturns | Comments Off on Politicians’ Tax Returns

Clinton Tax Returns & Questionable Donations

Posted by taxguru on July 31, 2015

One of the benefits of the extremely lengthy presidential campaign season in this country is the ability of the general public to take a peek into the private tax returns of those candidates who choose to make theirs available for viewing.

As has been all over the news today, the Clinton campaign has posted download links for several of Bill & Hitlery’s individual income tax returns here on her website.  They have the Federal individual income tax returns for the years 2007 through 2014.  No copies of State income tax returns are included.

I’m not planning to spend the time dissecting each of those tax returns in great detail.  However, I do feel a need to point out that these 1040s reveal only a tiny fraction of the income that the Clinton Family has received over the past years because they do not show the other entities that they use to funnel income and expenses through, such as the infamous Clinton Crime Foundation and Clinton Global Initiative that have brought in hundreds of millions of dollars in “donations” (aka bribes) from all over the world and which have been used fro the personal benefit of the Clintons.

What is another Clinton stretching of the truth (aka Lie) is the claim of how much they have donated to charity for those years.  From her website:

“Since 2007, we have … made $14,959,450 in charitable contributions.”

Looking at the details on the tax returns, most of those “charitable contributions” were actually made to themselves via their foundation that has been exposed as a Clinton Family slush fund that gives practically nothing to real charities.

From the copies of the tax returns I downloaded:

2014 – $3,000,000 (out of a total charity deduction of $3,022,700) was to the Clinton Foundation

2013 – $3,057,000 (out of a total charity deduction of $3,078,000) was to the Clinton Foundation & Global Initiative

2012 – $1,800,000 (out of a total charity deduction of $1,825,650) was to the Clinton Foundation

2011 – $1,400,000 (out of a total charity deduction of $1,400,000) was to the Clinton Foundation

2010 – $1,000,000 (out of a total charity deduction of $1,000,000) was to the Clinton Foundation

2009 – $1,000,000 (out of a total charity deduction of $1,000,000) was to the Clinton Foundation

2008 – $550,000 (out of a total charity deduction of $550,000) was to the Clinton Foundation

2007 – $3,019,000 (out of a total charity deduction of $3,083,100) was to the Clinton Foundation

Totals for Eight Years:
      $14,826,000  (99.11%)  of $14,959,450  total donations were paid to the Clinton Foundation and Global Initiative  

I realize that, of all the crimes that the Clintons have committed, this pales in comparison; but it is the one area that my skill-set makes easiest for me to detect.

Posted in Charity, Clinton, TaxReturns | Comments Off on Clinton Tax Returns & Questionable Donations

How To Make Tax Day Pie!

Posted by taxguru on April 18, 2015

A very different extreme way for DIYers to handle their tax returns from Funny or Die.


 

Posted in humor, TaxReturns, video | Comments Off on How To Make Tax Day Pie!

Obama & Biden Tax Returns

Posted by taxguru on April 11, 2015

As has been standard practice for several years, our top rulers in DC have revealed cleaned up copies of their personal income tax returns.  This year, this was done via the following blog post from the White House spokesman with the oxymoronic name, Josh Earnest.

President Obama and Vice President Biden’s 2014 Tax Returns

The direct download links for the returns:

The Bidens (33 page pdf)

The Obamas (38 page pdf)

Posted in Biden, Obambi, TaxReturns | Comments Off on Obama & Biden Tax Returns

0Bama + Biden Tax Returns

Posted by taxguru on April 13, 2013

Copies of the 2012 tax returns for our royal families have been made public. You can download them as PDF files:

0Bama (38 pages) – Federal & Illinois returns.  Over $21,000 of AMT.

Biden (31 pages) – Federal, Delaware & Virginia returns.  Not claiming any depreciation on cottage being rented to Secret Service. Almost $6,000 of AMT.

And you can read various comments about the tax returns.

Obamas’ Tax Return Shows Lower Earnings – WSJ

The Obamas’ falling tax rate – Politico

Obama’s Tax Rate Was 18% – PJMedia

Landlord Joe Biden pocketed $26,400 in 2012 renting cottage to the Secret Service – Washington Times

Posted in Biden, Obambi, TaxReturns | Comments Off on 0Bama + Biden Tax Returns

Posted by taxguru on September 22, 2012

Nevada Republican to Harry Reid: Make our day, release your 2011 tax return –  Let’s not hold our breath for this to happen.  Dingy Harry is the Poster Child for DemonRat hypocrisy.

 

Posted in TaxReturns | Comments Off on

Romney & Ryan Tax Returns

Posted by taxguru on September 21, 2012

The GOP candidates have posted copies of their income tax returns on their campaign website.

Here are the direct pdf download links:

2011 Mitt & Ann Romney (379 pages)

2011 Mitt Romney Blind Trust  (53 pages)

2011 Ann Romney Blind Trust  (218 pages)

2011 Romney Family Trust  (163 pages)

2011 Paul & Janna Ryan  (32 pages)

2010 Mitt & Ann Romney  (203 pages)

2010 Mitt Romney Blind Trust  (37 pages)

2010 Ann Romney Blind Trust  (83 pages)

2010 Romney Family Trust  (81 pages)

2010 Tyler Charitable Foundation  (39 pages)

2010 Paul & Janna Ryan  (59 pages)

 

From Jay Leno via NewsMax:

Mitt Romney’s campaign released his 2011 tax return. Democrats still want him to release all his tax returns for the last 10 years. Romney says he can’t do it, and he’s got a good excuse. He says his dog ate them and then Obama ate the dog.

Posted in Romney, TaxReturns | Comments Off on Romney & Ryan Tax Returns

Posted by taxguru on February 27, 2012

Beware the pitfalls of tax season, CPAs warn – Too many ways to screw up a tax return to do it yourself.

 

 

Posted in TaxReturns, TaxSeason | Comments Off on

Posted by taxguru on February 12, 2012

Ten New Tax Laws That May Affect 2011 Return – Just some of the changes that keep taxes a moving target and not something for do-it-yourselfers.

 

Posted in NewTaxLaws, TaxReturns | Comments Off on