Wesley Snipes In Trouble With the IRS Again

Friday, December 18, 2015

Actor Wesley Snipes is in trouble with the Internal Revenue Service once again.  He is currently fighting an enormous tax bill from the IRS in the amount of $17.5 million. Snipes has had problems with the IRS before and he was not successful.  Previously, Snipes was convicted in 2008 for failing to pay his taxes for three years for 1999, 2000 and 2001, resulting in three misdemeanors.  He was sentenced to three years for tax charges, not felony charges. This long battle with the IRS over unpaid tax debt caused him to serve a prison sentence from December 2010 through April 2013.  

Currently, Snipes is in a new dispute with the IRS over an estimated of $17.5 million, but Snipes has been petitioning the U.S. Tax Court and appealing to be able to qualify for the IRS’s Fresh Start program. The IRS Fresh Start Initiative has programs such as the Offer in Compromise (OIC) for taxpayers with a large tax debt to have a way to settle that tax debt. In order to be considered for an OIC, the IRS needs to qualify you based on what your true ability to pay actually is.

Snipes is hoping to lower the amount that he owes the IRS to $842,000 instead of $17.5 million. The IRS denied this.

In April 2013, Snipes was slapped with a $24 million tax lien for his previous unpaid taxes equaling $24 million. This year, the IRS estimated he owes $6.4 million. However, Snipes believes that the IRS just increased the amount he owes to more than $18 million. Snipes has appealed this estimate and his tax attorneys are leading the dispute in court. The tax attorneys are trying to get Snipes to enter the Fresh Start Initiative since he desperately needs the fresh start. 

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especially federal tax liens.  Our firm has years of experience dealing with the IRS about tax-related 

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