Discover and read the best of Twitter Threads about #TaxReturns

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Confused about tax filing in India?

Don't worry, you're not alone!

Here are some essential Do's and Don'ts to help you file your taxes with ease!

A thread! (1/n)

#taxfiliing #tax #deductions #personalfinance #thread
#1 Be On Time

Remember to file your tax returns on time. This can help you avoid penalties and legal issues with the Income Tax Department.

The deadline for filing taxes in India is usually July 31st. (2/n)

#taxreturns #taxes #incometax #directtax
#2 Disclose Necessary Infomation

Remember to disclose all your sources of income, including salary, rental income, interest, and capital gains while filing your tax returns to avoid penalties. (3/n)

#tax #salary #rentalincome #interest #capitalgains
Read 11 tweets
šŸ”„The Manhattan DAā€™s office appears to have entered the final stages of a CRIMINAL tax investigation into Trumpā€™s long-time CFO Allen Weisselberg, who could face charges this summer.

Weisselberg knows Trump's financial dirt. If he rolls, Trump is TOAST.šŸ˜Ž
nytimes.com/2021/06/15/nyrā€¦
A grand jury has been hearing evidence about Weisselberg, who is facing major scrutiny, as prosecutors are trying to flip him to get his cooperation with a broad investigation into Trump and Trump Org.

And prosecutors have Weisselbergā€™s personal #TaxReturns.šŸ§

#TrumpCrimeFamily
The probe of Weisselberg focuses partly on whether he failed to pay taxes on valuable TAXABLE benefits that Trump gave him & his family: apartments, leased cars, tens of thousands of dollars in private school tuition for at least 1 of his grandchildren.
nytimes.com/2021/05/13/nyrā€¦
Read 11 tweets
šŸšØBREAKING: Trumpā€™s #TaxReturns show that Trump has a previously unknown bank account in #China.

Trumpā€™s Chinese account is controlled by Trump International Hotels Management LLC that paid $188,561 in taxes TO CHINA, while Trump paid ZERO in the US.šŸ¤¬
nytimes.com/2020/10/20/us/ā€¦
Trump falsely smears @JoeBiden about China (PROJECTION!), but Bidenā€™s public financial disclosures & tax returns show ZERO income or business dealings in #China. Meanwhile, Trumpā€™s #TaxReturns have ample evidence of Trumpā€™s efforts to do business with #China.

#TrumpChina
As with #RussiašŸ‡·šŸ‡ŗ, where Trump explored hotel and tower projects in Moscow, Trump has long sought a licensing deal in #China, as far back as 2006, when he filed trademark applications in Hong Kong & the mainland. Many Chinese government approvals came after he became president.šŸ§
Read 14 tweets
ā€¼ļøTrump's #TaxReturns reveal how he engineered a sudden financial windfall: >$21 million in "highly unusual" one-off payments from the Las Vegas hotel he owns with his casino-mogul friend, Phil Ruffin.

Smells like TAX FRAUD.šŸ§

#TaxFraudTrump #TaxFraud
nytimes.com/interactive/20ā€¦
Most of the $$ went thru a company called Trump Las Vegas Sales and Marketing: little previous income, no clear business purpose and ZERO employees.

The Trump-Ruffin venture wrote it off as a business expense.

This does NOT look like a legit "business expense."šŸ§

#TaxFraud
Why did Trump's company with ZERO employees have >$20 million in fees for the first time. And all of this money is going to a man who just happens to be running for president, might not have a lot of cash on hand, and NEEDED cash to float his campaign?šŸ§

#TaxFraudTrump
Read 6 tweets
Trump has already spent several minutes interrupting and arguing with the moderator, and he's thrown out a racial slur.

Wallace: "Mr. President, can you please let him finish?"

Joe "He doesn't know how to do that." šŸ”„šŸ”„šŸ”„šŸ”„šŸ”„šŸ”„
#Debates2020 #PresidentialDebate #BidenCoalition
Joe: "Will you shut up? Keep yapping, man."

YES šŸ”„šŸ”„šŸ”„šŸ”„šŸ”„šŸ”„
Biden rolling his eyes, laughing at Trump, and muttering "God" is all of us.

YES Joe, bring up the "It will disappear, it will be like a miracle".

No, we can't trust Trump. He's tried to muzzle the CDC. He lies every time he opens his mouth.
#coronavirus #Debates2020
Read 33 tweets
I have zero interest in what the @nytimes says about @realDonaldTrump's tax returns. For one, they were illegally obtained (if they're real). Second, It's not at all uncommon for the wealthy to pay millions in one year, and nothing the next. 1/3 #TaxReturns
Third, #Trump's enterprises pay millions in property taxes, payroll taxes, etc. Fourth, my greater interest is in elected officials who manage to get super wealthy while in office. During my 6 years in the #California Assembly, my net worth declined. 2/3
My first year, I paid more in state & federal taxes than I earned as a lawmaker (the CA legislature had the 2nd-highest salary in U.S. then). Two of my former colleagues did manage to make a lot of money - they went to federal prison on corruption charges. 3/3
Read 3 tweets
Conveniently timed #FakeNews.

This is obvi #Debate2020 Prep for #FoxNews #ChrisWallace.

Wonder how #NYTimes can snoop into people's #TaxReturns? THEY CAN'T!

#TrumpTaxReturns story is a 2016 retread.

What's next? A bus ride with Billy Bush?

#Yawn

#Trump2020 #Landslide2020!
Image
Read 3 tweets
In dem Jahr, in dem er die Wahl gewonnen hat, hat Trump 750 (!!!!) Dollar Einkommenssteuern gezahlt. In 10 der 15 Jahre davor nichts. Fehlen ein bisschen die Worte. #TrumpTaxes #TaxReturns
SiebenhundertfĆ¼nfzig. Im JAHR ALS ER PRƄSIDENT WURDE.
Kann nicht mehr.
Wann kommen die ersten Hot Takes? Ist nur ein Zeichen dafĆ¼r wie super savy und schlau er ist, dass er nix zahlt?
Read 4 tweets
šŸšØBREAKING: self-claimed ā€œbillionaireā€ @realDonaldTrump paid only $750 in federal income taxes in both 2016 and 2017.

Trump paid ZERO income taxes in 10 of the previous 15 yearsā€”largely because he *reported LOSING much more money than he made*.

#Fraud
nytimes.com/interactive/20ā€¦
šŸ”„The @nytimes **GOT TRUMPā€™s #TaxReturns extending over more than two decades** for Trump personally and the hundreds of companies that make up his business organization, including detailed information from his first two years in office.šŸ’„

Trumpā€™s finances are under stressā€”huge losses + hundreds of $millions in debt coming due he personally guaranteed. And a 10-year audit battle with the IRS over a $72.9 million tax refund he got after declaring huge losses. An adverse ruling could cost him >$100 million.šŸ˜Ž
Read 27 tweets
@GovParsonMO As detailed by the gov after Greitens
sheer stupidity that truly frightens.
Show me incompetence:
Parsonā€™s claims make no sense. His
feigned ignorance surely enlightens.

@BluebirdsofMO @classEireland
@EnglishTeach07 @jzikah
@LottaFightLeft @PhyllisMarion7
@GovParsonMO @BluebirdsofMO @classEireland @EnglishTeach07 @jzikah @LottaFightLeft @PhyllisMarion7 Parsonā€™s tweet makes it patently clear
Donaldā€™s virus wonā€™t soon disappear.
As Mike plays it both ways
many eyebrows we raise.
His mixed messages ring insincere.
We can vote #LIBERTY,
or vote death ā€” we must #VOTE
like it impacts our breath. šŸ˜·

šŸ—½ @nicolergalloway
āš°ļø @mikeparson ImageImageImageImage
@GovParsonMO @BluebirdsofMO @classEireland @EnglishTeach07 @jzikah @LottaFightLeft @PhyllisMarion7 @nicolergalloway @mikeparson County Hickoryā€™s dithering dork to
instruct sex ed would draw a stork.
Science ainā€™t his forte;
later victims will pay,
but at least heā€™s an expert on pork.

So to no oneā€™s amazement or shock every county went red on Mikeā€™s clock.

#mogov šŸ”„ #GovernorArson
Read 213 tweets
šŸ”„Manhattan DA is investigating @realDonaldTrump and @Trump Org for alleged bank & insurance #fraud, based on a filing arguing that Trump must comply with its #subpoena for 8 years of his personal & corporate #TaxReturns.

Michael Cohen is COOPERATING.šŸ˜Ž
nytimes.com/2020/08/03/nyrā€¦
Prosecutors did not directly identify the focus of their inquiry but say ā€œundisputedā€ news reports about Trumpā€™s business practicesā€”investigations of Trumpā€™s wealth & Cohenā€™s testimonyā€”said Trump illegally inflated his net worth & value of his properties to lenders & insurers.šŸ’„
šŸ”„During his DAMNING testimony, Michael Cohen detailed how @realDonaldTrump committed FELONY tax #fraud, bank #fraud, and mortgage #fraud by lying about the value of his assets.

No wonder Trump is so scared to release his #TaxReturns.šŸ˜Ž

Read 3 tweets
The #Ukraine call is enough to impeach Trump. His refusal to respond to House subpoenas makes #impeachment even more likely. Despite Democratsā€™ strategy to keep the impeachment inquiry simple, the House should subpoena the transcript of Trumpā€™s call w/ #Erdogan.
2/ Trump will no doubt refuse to comply. But an #HJC investigation of the #Erdogan call will winnow fact from fiction & eventually yield witnesses, perhaps another whistleblower.
3/ There are critical reasons for looking more closely at the #Erdogan call. On its face, Trump acted unilaterally against a US ally in support of a dictator hostile to that ally ā€” an abuse of presidential power. Digging deeper, the call has an appearance of #QuidProQuo
Read 25 tweets
Get a load of @SenFeinsteinā€™s blind trust, a special section dedicated to her tax returns never ever seeing the light of day. Hypocrites much? @SpeakerPelosi @RepMaxineWaters
@SenSchumer @RepCummings
Yet you want how many years of @realDonaldTrumpā€™s #TaxReturns
This is also adorable, despite being a billionaire @SenFeinstein still collects her tax funded pension! Now itā€™s completely her right but really? Meanwhile @realDonaldTrump works for FREE and donates his salary, the least she could do is give $60k to help homeless in SF!
Read 3 tweets
#BREAKING IRS figures from 10 years of Trumpā€™s #TaxReturns show MASSIVE LOSSESā€”Year after Yearā€”over a BILLION dollars. If Trump was in fact a terrible businessman, how did he recover after 1995? Timing coincides with Russians/Soviets laundering their money post USSR collapse.
So Trump was the biggest loser when he took this trip to Russia in 1996. He's the vacant dumb guy in the room in a delegation of "US magnates/developers" seeking investments in Moscow. And vice versa! Russia's investment in Donald paid off bigly in 2016!
The video of Trump in Moscow appeared in early February. It was misidentified as a December 1995 trip to Russia, but it was in 1996.
Read 6 tweets

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