Episode 44 - I'm still confused, what law did Trump break in New York?

Episode 44 - I'm still confused, what law did Trump break in New York?
8 de may. de 2024 · 7m 36s

In general terms, classifying a legal bill from an attorney as a legal expense is a common practice in accounting. Legal expenses are typically categorized as operating expenses on a...

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In general terms, classifying a legal bill from an attorney as a legal expense is a common practice in accounting. Legal expenses are typically categorized as operating expenses on a company's income statement. This classification is in line with the generally accepted accounting principles (GAAP) and does not break any accounting rules.

Regarding tax implications, if a legal expense is not deducted on a tax return when it could have been, it may result in a missed tax deduction but would not necessarily mean that a law has been broken. Tax laws are complex and may vary depending on the jurisdiction and circumstances of the expense.

Invoices from attorneys is classified as legal expenses. What law was broken?
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Autor The Business Advisor
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