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PEEK-A-BOO NIGHTIES AND TAX FRAUD TOGETHER? KINKY...

January 28, 2008

Russ Fox gives us a tax fraud roundup. I like this:

Finally, on a somewhat lighter note, Robert Sass of Tampa, Florida will spend a year and a day at ClubFed for his conviction on tax evasion. Mr. Sass owned a lingerie modeling business called Sophisticats, Inc. Mr. Sass' business appeared, though, to be more prostitution and less modeling; he charged "room fees" in cash for his models. Somehow those fees didn't make it on to his tax returns. Oops; illegal income is taxable. The judge noted that Mr. Sass' relatively light sentence is due to his declining health (Mr. Sass is 70).

On the brighter side, now that Mr. Sass is reporting taxable income, he'll qualify for a rebate.

Tags: tax crime.Taxable Talk.

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