Hunter Biden email says he must amend taxes after failing to report $400G in income from Burisma

Now that the 2020 election has come and gone and the American people, have cast their votes, there’s a sudden flow of information on Hunter Biden, the son of former Vice President Joe Biden.

Information that would not have been favorable to the Democratic nominee ahead of Election Day. Information almost guaranteed to have been blacked out by the corrupt media establishment running interference for Biden, just as they blacked out reports of the candidate’s ties to his son’s nefarious business dealings.

 

An attorney for Hunter Biden’s firm noted in an email obtained by Fox News that the younger Biden would need to amend his 2014 tax returns because he didn’t report “approximately $400,000” in income he collected — see nearly a half-million dollars — from the Ukrainian natural gas firm Burisma Holdings.

Despite having no background in energy or any other applicable qualifications, Hunter Biden joined the Burisma board in 2014, after former President Barack Obama tapped his father, then the vice president, as his point man in the country.

The son would be paid millions of dollars, as much as $83,000 a month, according to reports — this being where the prerequisite media notification is dropped saying there’s “no evidence of wrongdoing and both Joe Biden and Hunter Biden deny any such allegations.”

Hunter Biden acknowledged last week that he is under federal investigation over his “tax affairs,” which are not to be mistaken for his crack-enhanced affairs with hookers.

“I learned yesterday for the first time that the U.S. Attorney’s Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs,” he said in a statement last week. “I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors.”

More from Fox News on the Jan. 16, 2017, memo:

The email, which was first reported by NBC News, was sent to Hunter Biden from Eric Scherwin, who at the time served as president of Rosemont Seneca. Fox News could not verify its authenticity; neither Scherwin nor Hunter Biden attorney George Mesires immediately responded to Fox News’ requests for comment.

“In 2014, you joined the Burisma board and we still need to amend your 2014 returns to reflect the unreported Burisma income,” Scherwin wrote to Hunter Biden. “That is approximately $400,000 extra so your income in 2014 was closer to $1,247,328.”

 

The email talked about “phantom income,” and noted that in 2015 Biden “reported $2,478,208 in income,” and stressed at one point: “Since you couldn’t have lived on approximately $550,000 a year, you ‘borrowed’; some money from RSB in advance of payments.”

RSB represents Biden’s firm Rosemont Seneca and Boies.

Another email from Scherwin touched on Biden paying alimony and child support payments.

“As an example, if you were to provide $10,000 in alimony and $10,000 in child support, you would need $30,000 a month in pre-tax income or $360,000 a year,” Schwerin wrote.

“Therefore, the above scenario would require you to make $1,080,000 a year,” he wrote. “Anything beyond that would be money for your use.” he added: “This does NOT include money for back taxes, etc. however.”

Citing a “well-placed government source,” Fox News reported that Hunter Biden has been a subject/target of the grand jury investigation — the source said being a “target” means there is a “high probability that person committed a crime.” Being a “subject” means you “don’t know for sure” if a person has committed a crime.

The source told the network the investigation was predicated, in part, by Suspicious Activity Reports (SARs) regarding suspicious foreign transactions from “China and other foreign nations.”

It reportedly also includes looking at the infamous laptop purportedly belonging to Hunter Biden that was the subject of a media blackout ahead of the election.

Joe Biden’s response to the controversy, when asked by a reporter last week, was to say, “I’m proud of my son!”

Tom Tillison

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