What difference does it make? Well, it makes lots of difference to the IRS. The Clinton charities got called on the carpet for “misfiling” tax returns up to 5 years old. Oops!
Hillary Clinton’s family’s charities are refiling at least five years of tax returns after an investigation revealed they had misreported tens of millions of dollars in donations from governments.
The charities’ errors generally took the form of under-reporting or over-reporting donations from foreign governments, or in other instances, omitted to break out government donations entirely when reporting revenue, the charities confirmed to Reuters, which uncovered the mistakes.
Following the discovery, the Clinton Foundation and the Clinton Health Access Initiative said they will be refiling multiple annual tax returns and may audit returns extending as far back as 15 years in case there have been other errors.
The foundation and its donors have been under intense scrutiny in recent weeks.
Republican critics say the foundation makes Clinton, who is seeking the 2016 Democratic presidential nomination, vulnerable to undue influence. Her campaign team calls these claims ‘absurd conspiracy theories’.
Following Reuters’ report Republican presidential candidate Ted Cruz called on the non-profit to return all of the money it received from foreign governments.
Read more: DAILY MAIL