« Previous · Tax Update Blog Home · Next »
Much as the presidential candidates have stepped up their frenzied efforts as the caucuses approach, Wesley Snipes is turning on the heat to pad his lead in our Taxpayer of the Year Contest. He reportedly has "broken his silence" on his federal tax evation charges:
"People think I'm Nino Brown (Snipes' gangster character in 1991's 'New Jack City') or (vampire character) 'Blade'. They think I'm an evil dude."And Snipes claims he has no idea why he has been charged, as he never received the tax refunds in the first place.
He adds: "I never got a dime. I didn't defraud the government by taking money that was not mine. We never got it."
Mr. Snipes attempted to claim a $12 million tax refund for his 1996 and 1997 taxes on various tax protester grounds, as well as for failing to file returns from 1999 to 2004. It's an interesting defense, and one that would if successful be a boon to shoplifters everywhere who get caught before they leave the store -- "I didn't steal anything, because I didn't get away!"
Does this make Wesley a worthy taxpayer of the year? That's how the polls are running so far. But you want to cast an informed vote, so check out our candidate's platforms here.
And unlike the caucuses, you can vote every day through December 31!
UPDATE: The TaxProf has more.
Bookmark: del.icio.us • Digg • reddit
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to