Posts tagged as:

Wesley-Snipes

How Much Jail Time Per Dollar of Tax Fraud?

24 April 2008

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 [...]

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You Can Be a Millionaire and Pay No Taxes!

24 April 2008

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 [...]

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Snipes to be Sentenced Today

24 April 2008

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 [...]

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Richard Hatch Will Survive… In Jail.

4 February 2008

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, [...]

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Wesley Snipes Defense: The Prosecution Sucks

28 January 2008

The Snipes defense rested without offering any witnesses. His legal team didn’t feel that any argument or witnesses were needed, saying: “We could have put on a big show, but we don’t do that. We’re not going to waste the jury’s time.” The same team that had claimed that their portion of [...]

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Jail is sooooo inconvenient.

2 October 2007

Joe Francis isn’t the only celebrity who is figuring out that the consequences of breaking the law aren’t nearly as cool as it looks on TV. It’s not just a cute mug shot and a spot on Larry King. Jail sucks and courts aren’t nearly as amenable to working around your schedule as [...]

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Playing the Race Card.

10 June 2007

I like to give people the benefit of the doubt on a lot of things, especially when it comes to taxes. It is, after all, easy to rely on the advice of others – tax professionals – and make bad choices. In fact, a lot of what I do involves helping people get [...]

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What Not to File: Top 5 Ways to Get Caught Cheating on Your Taxes

9 May 2007

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Tax season has finally wrapped up more or less for individual taxpayers – well, except for those of you (like me) with extensions. After sorting through my inbox filled with questions from panicked last minute filers, I decided that what I really needed to post was a “What Not to Do” list. [...]

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Snipes Says “Not Guilty” and “Happy Hanukkah!”

11 December 2006

In yet another twist to the Wesley Snipes tax trial, Mr. Snipes has turned himself into authorities in the US.  Snipes took a break from filming "Gallow Walker" in Namibia to answer federal charges, including tax fraud.  A judge granted Snipes $1 million bond after he plead not guilty to the charges.  Snipes will be [...]

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The Boy Who Cried Rape.

28 November 2006

What’s worse than potentially cheating the US government out of millions of dollars?  Whining about it.  Yes, you guessed it.  There’s more news on Wesley Snipes to report.
Wesley Snipes was previously indicted for allegedly claiming more than $12 million in fraudulent refunds and not filing any tax returns for several years.  A warrant for his [...]

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