Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

greenjar_01

(6,477 posts)

7. Finder's fees are a bit more complicated but wouldn't apply in this case

Reply to intrepidity (Reply #4)

Tue Sep 29, 2020, 02:20 AM

Sep 2020

because Ivanka can't be both an executive of Trump Org and an intermediary on a Trump Org deal. In any case, the tests for an appropriate deduction would be even more arduous for a finder's fee than for the consulting fee.

Edit history

Please sign in to view edit histories.

13 replies

= new reply since forum marked as read

Highlight:

Can someone elaborate on the Ivanka aspect of NYT? [View all] intrepidity Sep 2020 OP

There are some tax advantages to getting paid as a consultant instead of as an employee unblock Sep 2020 #1

Got it, thanks intrepidity Sep 2020 #6

Think of it as a Brewster's Millions problem greenjar_01 Sep 2020 #2

Really great explanation, many thanks! intrepidity Sep 2020 #4

Finder's fees are a bit more complicated but wouldn't apply in this case greenjar_01 Sep 2020 #7

huge tax difference lapfog_1 Sep 2020 #3

Thank you so much intrepidity Sep 2020 #5

Trump Org is an LLC, Ivanka was a "member" of the LLC thus she was paid a "share" of the profit Hamlette Sep 2020 #8

Thank you for the input intrepidity Sep 2020 #9

Agreed Sherman A1 Sep 2020 #10

Pretty sure if you're on the payroll you cannot also be a consultant for the same company lettucebe Sep 2020 #11

My take is that there is whole lot of campaign cash not accounted for pecosbob Sep 2020 #12

She is not supposed to be paid to begin with...that was the deal. Also, no you don't get to Demsrule86 Sep 2020 #13