Celebrities are Known for More Than Just Their Fame and Fortune
While celebrities are acknowledged for their reputation and wealth, some have recently been recognized for-tax evasion? Yes, you heard it correctly. Even those who are constantly under public eye and flaunt the millions of dollars they claim to be making are guilty of committing tax fraud. It can be assumed, though, that with the aid of a California tax evasion attorney, most manage to get their case resolved and continue on down their road of stardom.
On January 19, 2016, gobankingrates.com highlighted some of the most recognized and reputable celebrities who have been identified of having committed tax evasion, probably leaving you wondering why such an act is committed if these well-known individuals have the money to cover their due taxes, or do they? Tax evasion lawyers in California identify below just who has made the recent list, and who may still be in need of some legal aid.
- Ty Warner- The creator of the infamous Beanie Babies was convicted in January 2014, for failing “to report $24.4 million in gross income to the IRS from 1999 to 2007.” His net worth is said to be about $1.7 billion.
- Lauryn Hill- Hill spent 3 months in prison for failing to pay “more than $1 million in taxes over a decade.” Her total debt owed to the IRS for failing to pay was approximately $2.3 million. Hopefully her tax fraud legal representative was by her side during that court case.
- Teresa and Joe Giudice– Known for being featured on “The Real Housewives of New Jersey,” this couple was “indicted on 39 counts of fraud and tax charges.” Teresa was sentenced to 15 months behind bars, and her husband faced 41 months in prison. They were required to pay back a total of $414,588 in restitution.
- Dolce and Gabbana- While the designers of the brand were originally charged for tax evasion, they were eventually acquitted with the assistance of their acclaimed tax fraud lawyers.
Clearly, although you may have thousands of dollars backing up your highly-ranked reputation, it doesn’t always mean you are willing to pay out what the IRS is asking of you. Unfortunately, while many citizens would rather hang on to the money they earned as opposed to paying back into Uncle Sam’s pocket, the option is unavailable. For those who fail to abide by the tax laws set forth eventually learn of the repercussions they face as a result of lagging behind on their tax returns.
In the event you have found yourself involved in a similar situation where you have been accused of committing tax fraud, or are believed to have been entangled in tax evasion, USAttorneys features high-quality, experienced tax fraud attorneys in California who understand the ins and outs of the IRS along with the many complex laws, and are ready to assist you.
Don’t get caught up in the mess of handling a claim made by the IRS on your own. Reach out today to a reputable tax evasion legal representative.
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