Wesley Snipes' tax adviser found guilty ... again

Wesley Snipes' tax adviser busted again
Wesley Snipes' tax adviser busted again

My mom always said that you are judged by the company you keep. If that's the case, then Wesley Snipes needs to find a better group of people with which to associate.

Eddie Ray Kahn, who advised the actor on financial matters, was found guilty last Wednesday of conspiracy to defraud the United States and to commit mail fraud. Kahn, the founder of Guiding Light of God Ministries and American Rights Litigators, was indicted in 2006 on charges related to promoting tax evasion schemes. He fled to Panama, where he was subsequently detained and returned to his home in Florida (the U.S. has an extradition treaty with Panama).

Kahn's most (in)famous client, actor Wesley Snipes, was previously indicted for allegedly claiming more than $12 million in fraudulent refunds and not filing any tax returns for several years. He was found guilty of failing to file tax returns from 1999 to 2004 and was sentenced to the maximum three years in federal prison. Snipes is currently out on bail, pending an appeal in his case.

Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.
Filing Your Taxes Late
What do you do if you can't meet the IRS filing deadline? Learn more about filing a tax extension, late payment and late filing penalties, and what to do if you can't pay your taxes.
Read MoreBrought to you byTurboTax.com
How to File an Amended Tax Return with the IRS
Did you make a mistake on your tax return or realize you missed out on a valuable tax deduction or credit? You can file an amended tax return to make the correction. Filing an amended tax return with the IRS is a straightforward process. This article includes step-by-step instructions for when and how to amend your tax return using Form 1040-X.
Read MoreBrought to you byTurboTax.com
Taxes 2021: 7 Upcoming Tax Law Changes
Tax Year 2021 will likely bring some surprises, but some of its changes are already planned. Here's what you need to know about some of the planned phase-outs, changes and inflation adjustments the IRS will present for taxes in 2021.
Read MoreBrought to you byTurboTax.com
Ways to Increase Your Tax Refund You Never Thought About
Laying the groundwork for a tax refund requires some simple tax planning, a little research and some forethought. Reviewing your tax status, consulting your spouse when filling out your W-4s and taking advantage of several tax credits can help you increase your tax refund. TurboTax also can help decide which credits can get you the biggest refund.
Read MoreBrought to you byTurboTax.com