Starrs not Paying Taxes?! You can’t be serious!

March 9, 2011

Tell me what side you are on, so I know what side I am on. To start, in December 2010, Wesley Snipes reported to a federal prison in Philadelphia to serve a three-year sentence for tax evasion. Now, Accounting Today and various tabloids have broken the story that some other film industry icons, namely Martin Scorsese and Al Pacino, have been served by the Internal Revenue Service with tax liens $2.85 million and $188,283.50 respectively for unpaid taxes.

Scorsese’s spokesperson stated that the tax demands were a ‘mistake’ and that it had been paid off in full. Representatives for Pacino acknowledged that the actor is looking to remedy the situation.  Accountant who advised Snipes, Scorsese and other celebrities so well so far, Kenneth I. Starr has been convicted of running fraudulent financial schemes and is now serving a 90-month sentence in a Manhattan jail.

Apparently, the IRS has not commented but for the liens.  Silence is ominous and it remains to be seen whether Snipes or Starr will get new cellmates in the fall.