Quote:
Originally Posted by Guest
I am curious . How can you determine a person`s net worth and total assets they control from their personal Income Tax Returns ?
I must have been absent when this concept was being taught in my accounting and finance classes .
Live and Learn I say --- so you should regard this as a " Teachable Moment " and a public service because I am sure that there are others who would like to be educated on this particular issue as well as me .  |
Why Donald Trump's Tax Returns May Prove He's Not That Rich
"Trump doesn’t think his tax returns will tell us much that’s new, advising the curious to look instead at his voluminous PFD. But the return, if it’s forthcoming, will make fascinating reading. It will dispel the confusion between profits and revenues, show the size of the Trump empire and reveal if he’s a big taxpayer, or uses totally legitimate rules to avoid big levies."
Why Donald Trump's Tax Returns May Prove He's Not That Rich - Fortune