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11271 Ventura Blvd. #612 Studio City, CA 91604 Inside This Issue pg 1 ∙ We Made the List! pg 2 ∙ Food for Thought pg 3 ∙
From the Practice Corner
pg 4 ∙ Employee Spotlight pg 5 ∙ Another Success Summit for the Books! pg 7 ∙ Shout Outs! pg 8 ∙ IRS Terror Tale of the Month
IRS Terror Tale of the Month Reality Stars the Chrisleys Get a Reality Check
There’s not a lot of real in reality TV, but that doesn’t mean reality stars don’t have to follow real laws. In August 2019, Todd and Julie Chrisley, stars of the reality show “Chrisley
Knows Best” were indicted on tax evasion and fraud charges. They face a 12-count indictment. If convicted, the Chrisleys could serve 30 years in prison. The Chrisleys have maintained their innocence. Shortly before the initial indictment was issued, Todd Chrisley denied the accusations in an Instagram post, claiming the charges were based on falsified evidence created by a disgruntled former employee. In 2012, Chrisley filed for Chapter 7 bankruptcy. At the time, he said he was nearly $50 million in debt and had $4.2 million in assets. However, he also owed $12 million on his home, $4.4 million to his wife, and almost $600,000 to the IRS. In a court filing, he said he had just $55 in his checking account.
A statement released by the U.S. Attorney’s Office paints a very different picture of the situation. The Chrisleys
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