Roz Strategies - May/June 2024

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Inside This Issue

pg 1 ∙

Celebrating Roz Strategies’ 10-Year Anniversary Food for Thought: Little Hinges Swing Big Doors From the Practice Corner: IRS Turns Up the Heat on Non-Filers

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pg 4 ∙

Spotlight on Douglas Dick, Enrolled Agent

pg 5 ∙

Save the Date for the 2024 Tax Resolution Success Summit!

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Shout Outs!

pg 8 ∙

IRS Slaps Tax Lien on Talk Show Host’s Condo

IRS TERROR TALE OF THE MONTH TALK SHOW HOST WENDY WILLIAMS HIT WITH TAX LIEN

The IRS has hit former talk show host Wendy Williams with a tax lien on her New York City condo. The agency claims she owes outstanding balances of more than a half-million dollars on her federal tax returns for the years 2019 and 2021. Williams’ home has been in the IRS’ cross-hairs since the lien was generated in January and recorded with the New York City Department of Finance in early February. Records show she bought the condo for $4.5 million in 2021, according to TMZ, the news site that broke the story. The IRS claims she owes a total of $568,451.17 in federal taxes. Due to Williams’ diagnoses of aphasia and dementia, resolving the tax debt will probably be up to her court-appointed guardian, Sabrina Morrissey. Morrissey was appointed in 2022 after the alleged tax violations occurred. Williams’ talk show was canceled in 2022 after attracting millions of fans during 14 years on the air. Health issues forced her to take multiple breaks during the last few years of the show.

Williams’ bank, Wells Fargo, froze her accounts in 2022 and asked the New York Supreme Court to determine whether she was incapacitated, according to Variety. Williams asserted in court filings that she had several million dollars in

her accounts and that Wells Fargo’s action prevented her from paying employees and making mortgage payments. Variety reported at the time that Williams was battling Graves’ disease and thyroid concerns. By 2022, according to court filings by Morrissey, Williams was incapable of managing her own affairs. Recently, Morrissey criticized A+E Networks in court documents for humiliating the media personality by filming her in an obviously disabled state in a 2024 Lifetime documentary, “Where is Wendy Williams?”The IRS just wants to collect what’s due to them. If they were to do a documentary, they might call it “Where is Wendy Williams’ Money to Pay Her Tax Bill?”

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