Girls Gone Wild mogul denies evasion charges
Soft-porn video mogul denies charges, saying he was the victim of an IRS whistleblower scheme
Soft-porn video mogul denies charges, saying he was the victim of an IRS whistleblower scheme
Soft-porn video mogul and creator of ‘Girls Gone Wild’ Joe Francis has denied
charges of tax evasion in Los Angeles.
Francis allegedly claimed more than $20m in phony business expenses on his
corporate returns in 2002 and 2003,
the
LA Times reported.
The video mogul claims he is being pursued because of what he does for a
living, and that he was the victim of a whistleblower program run by the IRS.
His returns were prepared by his accountant, who then reported his own
‘accounting mistakes’ to the IRS in exchange for bonuses.
‘This ain’t ‘Girls Gone Wild. This is the IRS gone wild,’ said Robert
Bernhoft, Francis’ attorney.
Further Reading:
The numbers you crunch tell a story. Your expertis...
16yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe amount of tax saved by businesses through HMRC’s Patent Box scheme has increased by 23% over the last five years, from £1.14 billion in 2017/18 to...
View articleUK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...
View articleThe legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...
View articleThe upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleAccountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...
View articleAs the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...
View articleThe Office for National Statistics revealed that the UK economy shrank by 0.3% in March after the economy grew by 0.1% in the previous three months Re...
View articleAs the Spring Budget approaches, dissenters of the UK government’s increasingly complex contractor legislation are baying for change. HMRC has already...
View article