Donald Trump reported losses on his tax returns every year for a decade, his longtime accountant testified Tuesday, confirming long-held suspicions about the former president’s tax practices.
A prosecutor, Susan Hoffinger, questioned Bender briefly about Trump’s taxes on cross examination, at one point showing him copies of Trump tax paperwork that the Manhattan district attorney’s office fought for three years to obtain, before moving on to other topics.is charged
as part of a plea deal, said the company also benefited because it didn’t have to pay him as much in salary.Bender’s testimony came on a day full of Trump-related legal drama, including the U.S. Supreme Court clearing the way for Congress to get six years worth of tax returns for Trump and some of his businesses.
Manhattan prosecutors subpoenaed Bender’s firm in 2019, seeking access to eight years of Trump’s tax returns and related documents, finally getting them after a protracted legal fight that included two trips to the U.S. Supreme Court. Bender testified that Weisselberg kept him the dark on that arrangement — and that he only found out about it from prosecutors last year.
Mazars USA LLP has since dropped Trump as a client. In February, the firm said annual financial statements it prepared for him “should no longer be relied upon” after James’ office said the statements regularly misstated the value of assets — an allegation at the heart of her lawsuit.
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