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Ok so let’s assume Avenatti owes $4M in payroll taxes. And...?
He could end up disbarred or in prison.
The IRS views this type of tax evasion as the pond scum of tax evasion because these people are stealing not only from the govt, but from their own employees in the form not only of their federal tax withholding, but also their social security contributions which effect their future social security collections.
Not sure what their current practice is, but in the past IRS used to go out and chain businesses like this closed.
Given that he has elevated his profile nationally, he is now a prime candidate for the IRS to make an example out of him.
The US tax system is based on voluntary compliance which relies on all US citizens believing that everyone pays their fair share.
When someone high profile doesn't, the IRS loves nothing more than making an example out of them.
Aren’t there certain rules to bankruptcy as the lawyer seems to collect a lot of money so I wonder how that can all be ok without paying other liabilities.
Yes there are rules and there are layers of rules regarding taxes when it comes to bankruptcy. Its complex.
The only one I know for sure is if a lien has been filed the tax cant be discharged.
The IRS views this type of tax evasion as the pond scum of tax evasion because these people are stealing not only from the govt, but from their own employees in the form not only of their federal tax withholding, but also their social security contributions which effect their future social security collections.
Not sure what their current practice is, but in the past IRS used to go out and chain businesses like this closed.
Given that he has elevated his profile nationally, he is now a prime candidate for the IRS to make an example out of him.
The US tax system is based on voluntary compliance which relies on all US citizens believing that everyone pays their fair share.
When someone high profile doesn't, the IRS loves nothing more than making an example out of them.
Ok so can you link to the complaint filed by the IRS?
Ok so can you link to the complaint filed by the IRS?
I don't understand your question.
The IRS so far sent him a bill.
And apparently they put a lien on the businesses.
There's a process and they will follow it. Just because they are not yet at a point of prosecuting Avenatti does not mean they will not eventually be there. The IRS is not going to release private info on a taxpayer untile they take them to court.
If Avenatti didn't owe the bill or discharged it either via Tax Court or Bankruptcy, he would be able to show that. There would be a notice or a court settlement doc. Either there is not or he chooses not to share it......you decide.
Ok so let’s assume Avenatti owes $4M in payroll taxes. And...?
HE doesn't
A company that he apparently once owned an interest in failed to pay payroll taxes
And INCORPORATED company or an LLC shields the owners--as Trump would know
See no evil..........hear no evil..........etc lol\
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