The Taxman Cometh
Brothers, take note: The IRS does not play.
Redd Foxx knew it. Chuck Berry knows it. Ronald Isley was incarcerated just weeks ago.
Now the taxman is coming for Wesley Snipes and they want $12 million. According to the LA Times he could face up to 16 years in jail.
The action hero has been fighting for his life in lawsuits filed against him by his agents and his mortgage company. He emerged victorious in a 2002 paternity suit in which a 33 year-old woman alleged they had sex in a Chicago crack house. (Shades of Nino Brown…)
But apparently he fell in with Guiding Light of God Ministries, a company that has been accused of selling fraudulent tax schemes.
Snipes joined the movement in 2000 and, according to the indictment, began pursuing dubious tax refunds, including a $7.4-million claim for the 1997 tax year. Snipes originally claimed an income of $19.2 million that year, authorities alleged, but in an amended return said his income was zero.
Ummmm, that amended return would be a red flag for an audit.
Be sure to buy extra copies of Blade and distribute them as holiday gifts this year. I’m sure Wesley will appreciate the assist.
October 18th, 2006 at 10:31 pm
Several groups have attempted to use the so-called “861 position” to justify nonpayment of income tax. But the IRS will go after a high profile individual to imtimidate others as to render unto cesear what is supposedly his…Wes will have a tough time fighting this one unless he got about 10million under the mattress
October 22nd, 2006 at 12:25 pm
Hopefully the brother has about $10 million under the mattress…it sounds like he does…