When you’re a Democrat congressman just tapped by That One to be his Chief of Staff, one does not worry about IRS audits for abuse of the home based business laws.
However, Illinois Review shows Emanuel and Amy Rule own a home in Chicago, claim their entire home as the headquarters of a non-profit of which they operate and are the sole contributors. One of the few recipients of the charity’s funds is the private school which their children attend. Funneling the funds through this charity front, Emanuel and his partner are avoiding anywhere from $3500 to over $7000 per year in Cook County property taxes.
On top of that could the soon to be White House Chief of Staff be taking IRS business deductions illegally which others were prosecuted for abusing the deductions for “home based businesses”?
Secured by Super-CAPTCHA © 2009-2010 MLW & Associates, LLP. All rights reserved.
That is some serious creativity….
The whole home?
Wow. That’s chutzpah.
Click for more info
Recent Posts
Recent Comments
Recent Posts