WALLINGFORD, Conn., Oct. 17, 2016 /PRNewswire/ -- Tax expert Anthony E. Parent, Esq. has just released an article that focuses on a topic that is on many peoples' minds right now: Donald Trump tax returns. Titled "5 Reasons Why Donald Trump is Right To Not Release His Returns," Parent takes an in-depth look at this issue and why he feels Trump is correct in not wanting to release this personal information.
To read the new article in its entirety, please check out: https://www.irsmedic.com/2016/09/20/presidential-candidate-releasing-tax-returns/.
As Parent clarifies in the article, he not only feels that Trump should not release his returns—he believes this applies to all presidential candidates. As he noted, as a tax attorney, he has learned that a tax return does not mean as much as many people have been led to believe.
In addition, Parent noted, many of the tax returns that have been released by past presidential candidates are not necessarily what was actually filed with the IRS. Many of them are unsigned, but even the ones that were signed might be fabricated documents.
"If someone was trying to create a false image of their affairs, do you see how easy it would be?" Parent asks in the new article.
"The point of looking at someone's tax return is to see if they are up to no good. If they are up to no good, it would be ridiculously easy for them to hide it. It would be like asking a presidential candidate to score their own lie detector test."
Another reason Trump should not feel compelled to release his tax returns, Parent wrote, is that most people will not learn anything important about the candidate, including what numbers like "consulting" and "speaking fees" truly mean.
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IRSMedic is the law office of Parent & Parent LLP, a tax firm helping the entrepreneur and worldwide investor keep their tax and tax risks to a minimum. For more information, please visit https://www.irsmedic.com.
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