Report: Email suggests Hunter Biden failed to disclose $400K in income to IRS in 2014

Former Vice President Joe Biden’s son Hunter recently revealed that his “tax affairs” are under investigation by federal authorities. Now, new information has surfaced that could prove to be a smoking gun in the criminal probe.

According to a Friday report from NBC News, an email sent to Hunter Biden in 2017 indicated that he had failed to disclose $400,000 in income to the IRS in 2014.

The “unreported” income reportedly came from Hunter Biden’s role on the board of Burisma Holdings, a controversial Ukrainian energy company.

Hunter’s tax return troubles

Obtained by NBC News, the email was sent to Hunter Biden by his former business associate, Eric Schwerin, then the president of Biden’s Rosemont Seneca Partners. According to NBC, Schwerin informed Hunter Biden in the message about the glaring oversight in 2014 and said that Hunter’s tax returns from that year needed to be “amended.”

“In 2014 you joined the Burisma board and we still need to amend your 2014 returns to reflect the unreported Burisma income,” the email, dated Jan. 16, 2017, reads, according to NBC.

Schwerin’s missive also noted that, when accounting for the hundreds of thousands in Burisma income as well as Hunter’s earnings from Rosemont Seneca and a separate legal firm, the younger Biden had made about $1.2 million in taxable income in 2014.

According to NBC News, it remains unclear “what, if any, action Hunter Biden took in response to the email” from Schwerin.

An abandoned laptop

NBC said it obtained the email from Schwerin to Hunter Biden through Robert Costello, an attorney for Rudy Giuliani, President Donald Trump’s personal lawyer. Costello claimed to have a copy of a hard drive from the laptop said to have been abandoned by Hunter Biden at a Delaware computer repair shop.

The original hard drive — the existence of which was revealed by the New York Post shortly before the Nov. 3 elections — is reportedly in the possession of the FBI.

NBC said it didn’t have access to the hard drive itself, however. What’s more, efforts by the outlet to obtain confirmation and comment from a number of individuals — including Hunter Biden’s attorney, Joe Biden’s team, Schwerin, and the Department of Justice (DOJ) — were all unsuccessful.

Joe is still “proud”

It was just last Wednesday that Hunter Biden revealed in a statement put out by his father’s transition team that he was under investigation by the DOJ. “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,” the statement read. Hunter went on:

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.

In a statement of his own, the former vice president said he is “deeply proud of his son, who has fought through difficult challenges, including the vicious personal attacks of recent months, only to emerge stronger.” But while he may still be “proud” of his 50-year-old son, Joe Biden has refrained from commenting further on the matter, according to the Washington Examiner.

Share on facebook
Share To Facebook

Latest Posts