From left, Deborra-Lee Furness, actor Hugh Jackman, and television personality Ivanka Trump attend the Ninth Annual Elton John AIDS Foundation benefit 'An Enduring Vision' at Cipriani Wall Street on Monday, Oct. 18, 2010 in New York. (AP Photo/Evan Agostini) Australian actor Hugh Jackman takes selfies with fans before the press conference for "The Front Runner' during the Toronto International Film Festival, on September 8, 2018, in Toronto, Ontario, Canada. (VALERIE MACON/AFP/Getty Images) Sound The gallery will resume inseconds Jared Kushner (C-L) and Ivanka Trump (R) walk with their children Theodore (L) and Joseph (C-R) across the South Lawn as they return from a weekend stay in Bedminster, New Jersey at the White House on July 29, 2018 in Washington, DC. (Photo by Jim Lo Scalzo-Pool/Getty Images) Hugh Jackman Visits "The Tonight Show Starring Jimmy Fallon" at Rockefeller Center on February 24, 2017 in New York City. (Photo by Theo Wargo/Getty Images for NBC) … [Read more...] about Why were Ivanka Trump and Jared Kushner at Hugh Jackman’s birthday party?
Jared kushner real estate
Ellen Cranley, provided by Published 1:25 pm PDT, Sunday, October 14, 2018 Kevin Lamarque/Reuters A Saturday report from The New York Times found Jared Kushner, President Donald Trump's son-in-law and senior adviser, paid little to no federal income taxes from 2009 to 2016 using legal tax mechanisms. An IRS policy known as depreciation is a deduction Kushner Cos. used to diminish its taxable income on properties largely bought with borrowed money. Though not illegal, the filings show how real estate tax codes leave room for profitable maneuvering. The New York Times found Jared Kushner, President Donald Trump's son-in-law and senior adviser, paid little to no federal income taxes from 2009 to 2016 — without breaking the law. Times reporters reviewed more than 40 pages of documents that detailed Kushner's family real estate empire's business earnings, expenses, and losses over seven years and found the New York-based real estate firm used a common deduction … [Read more...] about The creative accounting that reportedly allowed Jared Kushner to dodge paying income taxes for years is totally legal
Jared Kushner, whose net worth is nearly $324 million, appears to have paid almost no income taxes from 2009 to 2016, The New York Times reported Saturday.The President's son-in-law and adviser's low tax bills resulted from a common tax-minimizing maneuver, and nothing in the documents suggests Kushner or his company at the time broke the law, the Times reported, citing confidential documents that it reviewed.A spokesman for Kushner's lawyer told the Times Kushner "paid all taxes due."The U.S. tax code allows real estate investors like Kushner, whose family company, Kushner Companies, has spent billions of dollars on real estate over the past decade, to write off depreciation, or a property's devaluation because of use or wear and tear.Kushner stepped down as CEO of Kushner Companies in January 2017 after Trump was sworn in as President, and has sold his stakes in some of the firm's projects as well as other investments. The documents obtained by the Times show that, year after year, … [Read more...] about Jared Kushner likely paid almost no federal income taxes for years, New York Times reports
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Jesse Drucker and Emily Flitter New York Times October 13, 2018 Over the past decade, Jared Kushner’s family company has spent billions of dollars buying real estate. His personal stock investments have soared. His net worth has quintupled to almost $324 million.And yet, for several years running, Kushner — President Donald Trump’s son-in-law and a senior White House adviser — appears to have paid almost no federal income taxes, according to confidential financial documents reviewed by The New York Times.His low tax bills are the result of a common tax-minimizing maneuver that, year after year, generated millions of dollars in losses for Kushner, according to the documents. But the losses were only on paper — Kushner and his company did not appear to actually lose any money. The losses were driven by depreciation, a tax benefit that … [Read more...] about Citing real estate depreciation, Jared Kushner paid almost no taxes for years
David Choi, provided by Published 10:26 pm PDT, Friday, October 12, 2018 Thomson Reuters Former White House staffer Omarosa Manigault-Newman gave a scathing assessment of Jared Kushner, President Donald Trump's son-in-law and senior advisor, during an interview. "He's that guy in the room who thinks he's the smartest guy in the room, who has absolutely no idea what's going on," Manigault said, referring to Kusher. According to Manigault, Jared's performance as a White House official was the defining reason why he was ill-fitted to help shape US policy. Former White House staffer Omarosa Manigault-Newman offered a scathing assessment of Jared Kushner, President Donald Trump's son-in-law and senior adviser, during an interview on HBO's "Real Time with Bill Maher" on Friday. "He's that guy in the room who thinks he's the smartest guy in the room, who has absolutely no idea what's going on," Omarosa said, referring to Kushner. Trump appointed Kushner as his senior adviser … [Read more...] about Jared Kushner ‘thinks he’s the smartest guy in the room’: Omarosa Manigault jabs Trump’s son-in-law in freewheeling interview