CELEBRITY TAX FRAUD: WESLEY SNIPES Bad Tax Advice Landed Actor in Jail
HAVE A LAUGH Kahn and Rosile claimed he only had to pay taxes on foreign income. No American earning money in the United States, they argued, was legally obligated to pay taxes. A grade school civics teacher could tell you this is baloney, but Snipes lapped it right up. Clearly, he was unaware of just how When people think about tax crime, most folks picture masterminds trying to outsmart the IRS. Few realize simply neglecting to file can land you in hot water or even prison. This month’s celebrity did jail time because of his willful ignorance of the law. The only thing worse than no advice is bad advice, and Wesley Snipes had some terrible tax advisors. The Hollywood actor certainly had the money to hire the best accountants in the country, but instead, he bought the crackpot anti-tax theories of Eddie Ray Kahn and Douglas P. Rosile. Following their advice, Snipes cheated the U.S. government out of over $7 million between 1999 and 2001.
serious the penalties are for willingly skipping out on your taxes.
The IRS went after Mr. Snipes with the full weight of a federal prosecution team. Snipes and his lawyer tried to make amends, offering the judge three separate checks totaling $3.3 million as a down payment on his taxes. The actor even gave a 10-minute speech about how sorry he was. But it was too little, too late. Snipes was sentenced to three years in prison and had to pay $17 million in back taxes. While he served the tail end of his sentence under house arrest, the Hollywood star did actual jail time. It just goes to show that no matter who you are, the IRS can and will get their money. Ignorance is not an excuse. If someone’s giving you tax advice that sounds too good to be true, chances are it probably is.
SLOW COOKER RASPBERRYWHITE HOT CHOCOLATE
There’s nothing like curling up under a blanket with a warm mug and a novel that finally came out in paperback. Break out the slow cooker and let the sweet aroma waft through your living room as your start Chapter 1.
Ingredients
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1 cup white chocolate chips
14 ounces sweetened condensed milk 2 cups heavy cream, divided 3 cups milk (any variety will do) 2 tablespoons powdered sugar
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1 teaspoon vanilla
4 tablespoons raspberry liqueur or syrup
Directions
1. In a slow cooker, combine white chocolate chips, condensed milk, 1 cup cream, and milk. Cover and heat on low about 2 hours. 2. In a large bowl, mix remaining 1 cup cream, powdered sugar, and vanilla.
3. Using a hand or stand mixer, whip until stiff peaks form. 4. Serve mugs of hot chocolate with about 1 tablespoon of raspberry liqueur or syrup to taste and a dollop of whipped cream.
(Recipe inspired by SlowCookerGourmet.net.)
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