Donald Trump could owe $100 million in taxes, audit finds

Donald J. Trump, the former president, is in hot water over his Chicago tower's taxes. The IRS, the tax authority, saidhe might owe over $100 million, as uncovered by The New York Times and ProPublica. Trump claimed his tower was "worthless" for tax reasons, but now the IRS says he might have been too tricky with his taxes.

Trump's big tower in Chicago was supposed to be a success, but it ended up losing a lot of money because of high costs and the recession. When Trump tried to get some money back through taxes, the IRS said he did it wrong.

Double trouble: Writing off losses twice

In 2008, Trump said his tower was a loss and claimed a big tax break. Then in 2010, he tried to get even more money back from the IRS. But the IRS thinks he tried to get money twice for the same problem.

The IRS is now looking into Trump's taxes very closely. If they find he owes money, it could be a huge problem for him. This has been going on for a while, and it's still not clear what will happen.

Tax experts think Trump might have tried to play games with the tax system. If he loses this fight, it could change how taxes work for other people too.

Trump ridiculed for getting son Barron's age wrong

Baron is Melania's only child with Trump. Although Baron celebrated his 18th birthday this year, Trump mistakenly stated the wrong age for his fifth child during an interview with Miami's Telemundo 51.

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Barron Trump, the youngest son of former US President Donald Trump, has opted out of his expected political debut at the upcoming Republican Party convention in July. Originally set to join as a delegate for Florida, Barron withdrew on Friday (May 10) citing prior commitments, according to a statement released by his mother, Melania Trump.

"He's pretty young, I will say. He's 17. But if they can do that, I'm all for it," Trump told NBC Universal's Spanish-language network.

(With inputs from agencies)