In the fall of 2018, Hunter Biden received letters from his accountant about his taxes. “They’re late,” Bill Morgan told his client in October, noting that Biden missed the already extended Oct. 15 deadline.
“Your 2017 tax returns haven’t been filed yet,” the accountant reminded Biden two weeks later. “You need to submit 2017 so we can try to work out a payment schedule,” he added the next day.
Morgan also noted in the letter that a Biden aide sent him a copy of a 2015 IRS notice. “They want $158,000,” the accountant wrote. “The IRS has notified the State Department and they will not renew your passport until this is resolved.”
Welcome to Hunter Biden’s world of dysfunctional finances. While the general theme of the president’s son’s financial struggles has been widely publicized, details about his past records may provide a glimpse into some of the areas federal officials are looking into.
The lawsuit is part of an ongoing investigation into possible tax violations and other crimes by Hunter. approaching a critical moment. The prosecutor’s office, as sources say, may soon make a decision on filing criminal charges against the president’s son.
Hunter Biden’s legal risk is being taken advantage of by Republicans who are trying to accuse his father, US President Joe Biden, of complicity in the alleged crimes. Republicans hope that if they regain control of the House of Representatives, they will investigate the Biden family through committees they control.
Hunter has denied wrongdoing and said he has cooperated with investigators. Her father is not involved in the federal investigation, according to sources.
THE: CNN: hired a cyber expert to help identify emails related to Hunter Biden’s finances that were posted online by a former Trump White House aide and allegedly traced to a laptop in his Delaware office.
Information from the device fueled countless stories about Hunter’s drug abuse, alleged sexual indiscretions and financial problems, many of which CNN: – and other media outlets – could not verify.
Biden has not directly commented on the authenticity of the emails or the stories based on them. Last year, he told CBS News that he did not know if the laptop was his.
Jake Williams, a former National Security Agency agent who analyzed the emails CNN:, said it was able to identify a subset of emails that contained verified signatures in their metadata that indicated they had not been tampered with. Only authenticated messages are listed in this report.
Williams, who previously reviewed the laptop data for The Washington Post, said most of the emails he reviewed for it CNN: failed to verify because, among other reasons, there was insufficient technical data for the validation process.
analysis of letters from CNN: revealed that Biden had struggled with tax issues for years and that his accountant sometimes seemed unable to keep up with the flow of money. In the letter, he raises a question about the $550,000 receipt, asking whether it should be recorded as a loan or income from Burizma, a Ukrainian energy company on which Biden served on the board. No reply appears on this email line.
Biden received up to $50,000 a month to serve on Burisma’s board from 2014 to 2019, according to a report on his business activities by the Republican-led Senate.
Despite this abundant income, Biden’s debts piled up, even as he received repeated warnings from his bank, his accountant and others.
“Insufficient funds,” said an automated letter from Wells Fargo that Biden received in December 2018, saying that one of his accounts was missing $1,700 for a Porsche payment.
Other bank alerts that year warned that Biden’s checking account had a “low balance” and that one of his credit cards had exceeded a “set amount” of $65,000.
Attempts to charge another card have been repeatedly declined due to insufficient funds, multiple emails show. letters in 2018 and 2019.
“I’m trying to figure out what to do with the bills,” a then-Biden aide emailed him on Dec. 28, 2018. He listed a number of payments Biden owes, including health insurance, a car payment and a salary.
“Pay for health. Pay Porsche,” Biden responded, though he said he had to pay half the wages owed to him. Biden also complained that someone else was still receiving a portion of Burisma’s debt. “So, there is not much income these days,” he wrote.
As of March 2019, Biden’s bills, debts and back taxes totaled more than half a million dollars, according to another email from his aide.
“Please let me know if there is a new plan to pay these bills,” the aide wrote, noting that Hunter still owes about $370,000 in taxes and $120,000 in other bank debt.
A Biden aide did not respond to multiple requests for comment.
Hunter’s attorney, Chris Clark, said his client has already “paid in full” his IRS tax debts. Clark added that 2018 and 2019 were difficult times for Biden, who struggled with alcohol and drug addiction after the death of his brother Bo.
It’s unclear how far prosecutors are investigating Biden’s tax problems, which the emails say date back to 2015 and continue into 2019.
“He is familiar with his tax obligations and will stay on track as he continues to recover from his addiction,” Clark said.
In the months since the accountant sent him messages about the back taxes, Biden made large cash withdrawals, emails show. For example, he withdrew about $4,800 from ATMs in about two weeks in October 2018.
Biden’s ex-wife, Kathleen Buell, wrote a memoir published earlier this year detailing the couple’s financial instability while they were married. “My debit card has been declined more than once at a store. I had to call Hunter to transfer money to my account,” he wrote.
In 2018, Buhl wrote to Morgan, an accountant who has since died, asking for advice on an IRS tax lien of $112,805.
Buhl said he was “lost” and asked Morgan for “advice”.
In her book Beautiful Things, published last year, Hunter has written openly about her addictions. He told NPR that he wrote the book to give hope to others struggling with substance abuse.
Hunter said that the salaries he received from being a member of the board of the Ukrainian “Burisma” natural gas company gave him money for “crack”.
“But with this crazy bad ending, the board fee turned into a kind of fun money,” Biden wrote. “It haunted me to make reckless, dangerous, destructive spending. Humiliatingly. So I did.”
He continued to make amends “both figuratively and literally,” he wrote. “I still have a lot of work to do on myself with my addiction and clean up the wreckage of my past.”
This content was originally created in English.