General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
NEW YORK — New York's attorney general has sent a subpoena to the Trump Organization for records related to consulting fees paid to Ivanka Trump as part of a broad civil investigation into the president's business dealings, a law enforcement official said Thursday.
The New York Times, citing anonymous sources, reported that a similar subpoena was sent to President Donald Trump's company by the Manhattan district attorney, which is conducting a parallel criminal probe.
The Associated Press could not immediately independently confirm the district attorney's subpoena but the one sent by Attorney General Letitia James was described by an official briefed on the investigation who spoke on condition of anonymity.
The records requests followed recent reporting in The Times, based partly on two decades' worth of Trump's tax filings, that the president had reduced his company's income tax liability over several years by deducting $26 million in consulting fees as a business expense.
Records strongly suggested, The Times reported, that $747,622 of those fees had been paid to Ivanka Trump, the president's daughter, through a company she owned at a time when she was also a Trump Organization executive.
If true, that wouldn't necessarily pose a problem for Ivanka Trump herself, as long as she paid income tax on the consulting payments, which she reported publicly.
It could, however, raise questions about whether the Trump Organization's related tax deductions were allowable. The Internal Revenue Service has, in the past, pursued civil penalties over large consulting fee write-offs it found were made to dodge tax liability.
The Times wrote that there was no indication Ivanka Trump is a target of either the state's or the city's investigation.
"This is harassment pure and simple," she said on Twitter late Thursday. "This 'inquiry' by NYC democrats is 100% motivated by politics, publicity and rage. They know very well that there's nothing here and that there was no tax benefit whatsoever. These politicians are simply ruthless."
The Trump Organization's lawyer, Alan Garten, and its media relations office didn't immediately return messages Thursday.
James and Manhattan District Attorney Cyrus Vance Jr., both Democrats, are both conducting wide-ranging inquiries into Trump's business affairs.
Both investigations are at least partly related to allegations, made in news reports and by President Trump's former lawyer, Michael Cohen, that Trump had a history of inflating the value of some assets to impress banks and business partners, but lowering that value when seeking tax benefits.
Vance has been involved in a long court battle seeking access to Trump's tax filings as part of the investigation.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
DENVER (AP) — One person was killed and 12 people were rescued after being trapped for about six hours at the bottom of a former Colorado gold mine when an elevator malfunctioned at the tourist site, authorities said.
WASHINGTON (AP) — President Joe Biden on Sunday will survey the devastation inflicted on Florida's Gulf Coast by Hurricane Milton as he urges Congress to approve additional emergency disaster funding.
NEW YORK (AP) — “Big Spender” is the theme music for baseball’s final four.
VILNIUS, Lithuania (AP) — Lithuanians voted Sunday in the first round of parliamentary elections that could lead to the center-right governing coalition being replaced by the opposition Social Democrats and smaller center-left parties.
Tourists to Greece often don’t drive, but if you’re thinking of it, there are rules you should know about moving around in a vehicle and parking, which you won’t find from the Tourism Ministry as its target is the super-rich who have drivers.