Internal Revenue Service – News Stories About Internal Revenue Service - Page 6

Apr 24, 2008 5:21 PM CDT

Snipes Gets 3 Years in Prison

Judge gives actor maximum sentence in federal tax case

(Newser) - A Florida judge today sentenced Wesley Snipes to the maximum 3 years in federal prison for failing to file his taxes, WESH-TV of Orlando reports. Snipes received no fine, though he could have been hit for $5 million. During sentencing, the judge noted the actor's long history of ignoring tax...

Denzel, Others Go to Bat
for Snipes

Apr 23, 2008 9:35 PM CDT

Denzel, Others Go to Bat for Snipes

He's a 'mighty oak,' judge told; sentencing in tax case tomorrow

(Newser) - Wesley Snipes is not merely an actor trying to get out of a jail sentence on tax charges. He is a "mighty oak," says Denzel Washington. "True citizen of the world," says Woody Harrelson. "Goodness in his heart," says Judge Joe Brown. Snipes is...

Top 10 Celebrity Tax Troubles

Apr 15, 2008 5:39 PM CDT

Top 10 Celebrity Tax Troubles

Wesley Snipes, Willie Nelson (among others) no strangers to the IRS

(Newser) - Tax day can be a hassle, but at least most of us don't have to worry about the glare of the media spotlight, too. Access Hollywood rounds up the top 10 celebrity tax controversies.

Damon Dash: New York State billed the music mogul $2 million.
Joe Francis: Girls Gone Wild

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Gov. 'Met 8 Women for $80K Sex'

Mar 12, 2008 6:26 AM CDT

Gov. 'Met 8 Women for $80K Sex'

He was a 'good tipper,' says purported Spitzer 'escort'

(Newser) - New York Gov. Eliot Spitzer had eight or more trysts with prostitutes from the Emperors Club escort agency over the last several years, a source has told Newsday. The sexual encounters, costing as much as $80,000 in cash, unfolded in hotels in Washington, Florida and elsewhere. Spitzer allegedly paid...

IRS May
Block Popular
Instant Refunds

Jan 4, 2008 10:57 AM CST

IRS May Block Popular Instant Refunds

Proposed change aims to curb fraud, steep loan rates

(Newser) - The IRS may stop big tax-preparation firms from offering instant refund loans to curb potential fraud, Bloomberg reports. Such loans are popular with taxpayers who don't want to wait weeks for a check, but interest is often steep and consumer groups have been pushing for a crackdown. The proposed change...

A New High: 1% of Rich
Have 21.1% of Riches

Oct 12, 2007 10:50 AM CDT

A New High: 1% of Rich Have 21.1% of Riches

Wealthiest hundredth raked in one-fifth of income: IRS

(Newser) - The wealthiest 1% of Americans hit a 21.1% record share of the nation's income, according to IRS figures released yesterday. While the data don't point to a specific cause, the Journal cites the heretofore booming stock market. The previous peak of 20.8% was in 2000, also at the...