New York state officials are probing the tax practices of President Donald Trump and his family; this following a New York Times report on their use of tax avoidance schemes that they called "deceptive and potentially fraudulent." The Department of Taxation and Finance has opened an investigation; it can collect fines and penalties and also refer criminal actions to the attorney general's office. The alleged actions took place three decades ago, likely putting any criminal liability past the statute of limitations. "The Tax Department is reviewing the allegations in the NYT article and is vigorously pursuing all appropriate avenues of investigation," said department spokesman James Gazzale in a statement. A spokeswoman for the attorney general's office declined to comment.
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