Earlier today, Scott Stapp who fronted the band “Creed” in its heyday, posted a bizarre video on his Facebook page claiming that he is now penniless and living in a Holiday Inn. Denouncing claims that he might be on drugs, Stapp places the blame for his predicament on a number of others, including the IRS, who he says froze his accounts on a number of occasions.
Al Sharpton agrees with charges that his nonprofit, the National Action Network, owes outstanding taxes to the IRS and the State of New York. He also agrees that he owes personal taxes to the IRS and the State of New York. He doesn’t, however, agree that he owes as much as alleged, charging that the story was intended to call attention to an old story instead of the one he thinks folks should be talking about: Ferguson.
After a judge handed down jail sentences for them both, Teresa and Joe Giudice sat down with Bravo’s Andy Cohen on What Watch Happens Live to talk about what comes next. Teresa claimed, during the interview, that she had no idea that jail was a real possibility. But does her statement make sense?
It’s sentencing day for Teresa and Giuseppe “Joe” Giudice, stars of reality television’s “Real Housewives of New Jersey” – and the result is clearly not what they were hoping for.
Tennis superstar Caroline Wozniacki walked away from her $1.45 million paycheck (by accident!) after placing at the U.S. Open. If you walked away from your paycheck, could you skip paying the tax on it?
Staggering. That’s how a Manhattan federal judge described the sanctions imposed against Texas businessman Sam Wyly and his deceased brother’s estate today. The brother could expect pay nearly $400 million in civil tax-fraud penalties for their roles in using offshore trusts to evade reporting requirements. The judgment, together with interest, could be one of the … Read more
The headlines are meant to grab your attention: Wealthy Clintons use trusts to avoid full estate tax they back After touting estate tax, Bill and Hillary Clinton seize on loopholes Bill and Hillary Clinton are dodging ‘death tax’ on their homes despite campaigning to raise it Clintons use loophole to avoid estate tax they helped … Read more
In the end, popular opinion wasn’t enough to save Domenico Dolce and Stefano Gabbana, the designers behind the highly lucrative fashion label Dolce & Gabbana. Despite pleas on social media and protests from fans, an Italian appeals court has upheld the decision reached last year in a lower court which found the pair guilty of tax evasion.
It’s over. Today, Uli Hoeness announced that he would not seek an appeal of his tax conviction and would, instead, head off to jail.
It was a quick sentence but a powerful one: Bayern President Uli Hoeness was sentenced to more than three years in prison for evading taxes.