Wesley Snipes Denied Emergency Relief by Judge, Ordered to Go to Jail

Wesley Snipes  - Snipes goes to jail for tax evasionInstead of a "ho-ho-ho," actor Wesley Snipes got a "no, no, no" this holiday season from U.S. District Court Judge William Terrell Hodges. Last week, Snipes filed an emergency petition with the court, asking if he could report to prison after the holidays rather than before, citing the difficulties that reporting on time to serve out his sentence would have on his children.

Judge Hodges denied Snipes' request this week, writing that Snipes had plenty of time to prepare "for the impact that his incarceration will have upon members of his family." Snipes was initially found guilty nearly three years ago and was sentenced to federal prison a few months later. He has been out of prison since, exhausting a number of appeals.

Snipes is slated to begin a three-year sentence for willful failure to file tax returns. Under the terms of his current Order, Snipes must surrender to McKean Federal Prison in Pennsylvania on Thursday, December 9, 2010.

Tax Advantages to Incorporating

To be successful and hold the line financially, however, tax experts agree that even the smallest of businesses may benefit by incorporating.

Read More

Brought to you by TurboTax.com

How to Spend, Save, or Stretch Your Tax Refund

Looking forward to a large refund? That might mean your withholding is too high.

Read More

Brought to you by TurboTax.com

How to Use Your Lyft 1099: Tax Help for Lyft Drivers

Whether you drive for Lyft full-time or part-time, you’re now enjoying the pay, perks, and prerogatives of being self-employed—from setting your own hours to building customer relations. With the onset of tax season, you face a new business challenge: filing your taxes in a way that minimizes your tax liability. Follow these tips on how to use your Lyft 1099 to complete your tax return and maximize your tax deductions.

Read More

Brought to you by TurboTax.com

What Is the IRS Form 8283?

If the combined value of all property you donate is more than $500, you must prepare IRS Form 8283.

Read More

Brought to you by TurboTax.com
Read Full Story