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taxgirl® - tax news, tax info and tax policy

May 24th, 2008

Wesley Snipes’ Biggest Role Yet: Inmate

Wesley Snipes better enjoy his Memorial Day weekend. If he doesn’t win his appeal, it may be the last holiday weekend that he enjoys for a few years.
Snipes was scheduled to report to federal prison on June 3 but was granted a reprieve. Nonetheless, Snipes will eventually have to surrender to federal prison authorities […]

By Kelly -- 10 comments

May 2nd, 2008

The Appeal of Wesley Snipes

I mean, his legal appeal, of course. I don’t get his media appeal - other than White Men Can’t Jump, which was admittedly entertaining, I am not a fan. Blade, in particular, just isn’t my cup of tea.
That said, in legal news, lawyers for Wesley Snipes have filed notice with the […]

By Kelly -- 1 comment

April 24th, 2008

Snipes Promises Appeal

After being sentenced to the maximum three years in federal prison for his convictions on tax evasion charges, Wesley Snipes vowed to appeal.
Interestingly, just before the sentence was announced, Snipes asked the court to show mercy and paid $5 million. His checks were cashed - to be applied towards the amount Snipes allegedly owes […]

By Kelly -- 8 comments

April 24th, 2008

Snipes Sentenced

Wesley Snipes has been sentenced to three years in federal prison for his conviction on tax evasion charges.
I’ll post more information as it becomes available.
Tags: tax evasion, Wesley-SnipesShare This

By Kelly -- 4 comments

April 24th, 2008

Judges Say Good Things About Snipes

Unfortunately, those judges that did say good things on Snipes’ behalf don’t really matter in this case…
Yep, TV judges Joe Brown and Greg Mathis offered character references for Wesley Snipes for his sentencing hearing.
Judge Joe Brown noted that he was writing “not as a celebrity” (good because I don’t know that I would go that […]

By Kelly -- 0 comments

April 24th, 2008

The Case Against Snipes

If you’d like to read the entire argument made in favor of the maximum sentence, you can read the US Sentencing Memorandum here by downloading it as a pdf (it’s 37 pages!).
Tags: , IRS, Sentencing Memorandum, sentencing recommendations, tax evasion, Wesley-SnipesShare This

By Kelly -- 2 comments

April 24th, 2008

How Much Jail Time Per Dollar of Tax Fraud?

A reader asked what the “per day” sentencing would be in the Wesley Snipes tax trial… What a great question!
If the maximum sentence of three years was imposed for the alleged $2.7 million dollars that Wesley Snipes evaded in tax (according to prosecutors), that works out to one day served for every $2,465.75 in […]

By Kelly -- 6 comments

April 24th, 2008

You Can Be a Millionaire and Pay No Taxes!

I asked folks on twitter whether or not they believed that Wesley Snipes would do jail time. So far, a resounding “NO” - except for me. My theory is that the judge didn’t appreciates Snipes’ legal maneuverings and that, together with the fact the prosecutors want hard time will likely result in some […]

By Kelly -- 0 comments

April 24th, 2008

Snipes to be Sentenced Today

Image details: 80th Annual Academy Awards - Arrivals served by picapp.com
Wesley Snipes will find out today whether he will spend time in prison for convictions on three misdemeanor counts of willfully failing to file taxes. Snipes was acquitted on other misdemeanor and felony charges by a jury in February.
I am exactly sure what to […]

By Kelly -- 0 comments

February 4th, 2008

Richard Hatch Will Survive… In Jail.

Richard Hatch may survive but only after completing his 51 month prison sentence for tax evasion.
The former “Survivor” champion had filed an appeal to reduce his prison sentence after being convicted of not paying taxes on his “Survivor” winnings. The court failed to overturn the conviction, leaving Hatch to finish out his full sentence.
Apparently, […]

By Kelly -- 2 comments

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