Showing posts with label tax problems. Show all posts
Showing posts with label tax problems. Show all posts

Tuesday, August 24, 2010

Wesley Avoids Prison...Again...For Now



Wesley Snipes continues to beat the heat in Florida.

A federal judge issued an emergency stay Monday that will allow the actor's surrender date—Sept. 2—to come and go.

More than two years after being convicted of misdemeanor tax evasion, Snipes was finally supposed to start serving his three-year prison sentence. But there's ever so much more paperwork to be filed.

An appellate court upheld Snipes' conviction and sentence last month, but on Aug. 5, U.S. District Court Judge William Terrell Hodges gave Snipes' camp 20 days to file a motion for a new trial, after which prosecutors would have 20 days to respond.

Hodges also said at the time that he would refrain from ruling on any motions from either side, such as one to revoke Snipes' bond (prosecution) and another for permission to question trial jurors about any preexisting bias (defense).

Today, the U.S. District Court for the Middle District of Florida ruled that all of the pending motions preempted the prison sentence for now and no new surrender date was set.

Snipes may be able to take part in the indie action flick Havana Heat, set to start filming in November, after all.

Taken from E! Online

Monday, June 14, 2010

Fat Joe's Tax Woes


Fat Joe is the latest celeb in Hip-Hop to be hit with a hefty tax bill now that he reportedly owes the government thousands of dollars in back taxes.

Although he's still prepping for the release of his The Darkside album, Joey Crack's been cited for owing the government $139,000 in federal and state taxes.

In addition to the back taxes, he was also hit with a $71,611 mortgage bill from his bank for his $2 million Florida mansion that recently went up for sale.

After reviewing public records, The Detroit News reports that Joey took out a $250,000 mortgage with SunTrustBank four years ago but was sued by the institution in January.

SunTrust was awarded a default judgment of $71,611 and the $139,000 bill for the government is reportedly still pending.

Additionally the DN reports that the IRS filed a $31,987 tax lien against him in New Jersey in addition to a $2,200 tax lien the state filed against him and his Terror Squad Productions Inc.

Joe has yet to comment on his reported tax woes.

Taken from Bossip.com!