A CPA explains the Treasury Secretary nominee’s tax problems
Treasury Secretary nominee Timothy Geithner faces the Senate Finance Committee today and it could get ugly. His confirmation hearings were delayed after it was disclosed that he didn’t pay Social Security and Medicare taxes for several years, took child care deductions that weren’t accurate, and employed a housekeeper whose immigration documentation had lapsed. Don Williamson, a Washington, D.C. accountant and professor at the Kogod School of Business at American University gives John and Adaora his professional view on Geithner’s tax problems.
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