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…
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.
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…
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!).
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…
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 time at…
My five year old daughter offers this perspective on my job: What do I do? You do taxes and stuff. What are taxes? Taxes are faxes. What are faxes? The taxes. What do I do at my job? Talk, I think. Feed Lyle (that’s our dog). Cook dinnner. For my job? Uh-huh. Do you think…
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 expect for sentencing – I thought for sure he would…
Taxpayer asks: Hi– Was wondering if you could advise on what happens if a married couple has, say, a capital loss carryover, and the couple divorces. Do they just split the carryover down the middle? Can they negotiate the amount each takes? Does the carryover amount change with a filing status change? Taxgirl says: Divorce…
Today is Tax Freedom Day in the US – and unfortunately, it’s not as enticing as it sounds. Tax Freedom Day is the first day of the year when the country has earned enough to pay its taxes. The idea of Tax Freedom Day was developed in the US by a businessman named Dallas Hostetler….