According to reported testimony of his former accountant, Donald Trump consistently declared deficits on his tax returns for a decade. As per Donald Bender, Trump‘s former accountant, the former American president reported losses from 2009 to 2018, according to The New York Post.
Bender, a partner at the accounting firm Mazars USA, reportedly revealed the information when he testified in a tax fraud trial involving Trump’s business on Tuesday in Manhattan Supreme Court.
According to an article in The New York Post, Trump recorded losses of nearly $1 billion in just 2009 and 2010.
Bender’s testimony shed light on aspects of Trump’s taxes that he tried to conceal.
After discovering that the former president’s claims regarding his financial situation were incorrect, Mazars continued to complete The Trump Organization’s taxes up until February, according to the report.
According to reports, Benders denied having seen any proof of allegedly illegal payments made to former Trump Organization CFO Allen Weisselberg and others. When asked how he knew for sure, he responded, “Because I would have probably had a heart attack.”
On Tuesday, the U.S. Supreme Court approved the release of Trump’s tax returns to Congress’s top tax-writing committee, dealing a blow to his legal position.
