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-Lurid Crime Tales-
Federal Prosecutor: Creepy Porn Lawyer Hasn't Filed A Tax Return Since 2010
2019-03-28
The man who would become president.
[Daily Caller] Federal Prosecutor: Former Stormy Daniels attorney Michael Avenatti hasn’t filed an income tax return since 2010 and skipped out on payments in 2009 and 2010, according to federal prosecutors.

The Los Angeles Times reported Wednesday that Avenatti, now facing federal indictments in both New York and California, appears to have been living the life of luxury ‐ all while allegedly stiffing Uncle Sam on a regular basis.

In 2009, the IRS reports that Avenatti claimed some $1.9 million in personal income ‐ but never paid his tax bill, which amounted to $570,000. He allegedly repeated the same move in 2010, when he claimed $1.2 million in earnings but never paid the $282,000 he owed on that income.

Since 2010, the IRS reports that Avenatti did not file tax returns, either personal or for his law firm, Avenatti & Associates, in spite of bank deposits totaling $18 million and $38 million respectively.

Remoun Karlous, an IRS criminal investigator, wrote in his sworn statement that in that time, "Avenatti generated substantial income and lived lavishly."
Posted by:Besoeker

#9   Sadly the IRS will take ten cents on the dollar since the bill is going to be huge with interest and penalties.

Extremely doubtful in a criminal / non-filer case. Setting that aside for a moment, the IRS is very reluctant to grant offers in compromise, because that would be done only when there's doubt as to the actual liability (not met here) or doubt as to collectability (which may be met here).

I'm going to a client today who lives on Cape Cod, and as part of her third offer in compromise (first two failed), I have to help put together a Form 433-B and a 433-A, which are used to judge one's inability to pay. It's a low six-figure amount, and I feel she would've been better off forking what she's paid in legal fees (at least $5,000 for each offer in compromise) and my fees in preparing these forms to the IRS, she'd be somewhat out of the woods by now. In Al Sharpton's case and Wesley Snipes' case), I'm certain offers in compromise were not successful. I fully expect the IRS to make an example out of this guy.
Posted by: Raj   2019-03-28 09:58  

#8  It really is all projection.
Posted by: Bright Pebbles   2019-03-28 09:49  

#7  Glass house, rocks. Some assembly required.
Posted by: gorb   2019-03-28 08:28  

#6  The man who would become president.

Well, that's one way to avoid Congress demanding copies your tax returns.
Posted by: Procopius2k   2019-03-28 07:53  

#5  Let him do his jailhouse interviews through plexiglass and a microphone: "Trump is afraid of me!"
Posted by: Frank G   2019-03-28 07:40  

#4  The ones to watch is not idiots like Avenatti or AOC but smart ones like Valerie Jarrett (who do you think sold Obama on Iran?).
Posted by: g(r)omgoru   2019-03-28 07:33  

#3  But I think I don't feel sorry for Stormy or any libs he stole from. If that makes me a bad person, I'm good with it...
Posted by: M. Murcek   2019-03-28 07:30  

#2  Sadly the IRS will take ten cents on the dollar since the bill is going to be huge with interest and penalties. And he has no money in on-shore accounts.
Posted by: Airandee   2019-03-28 06:20  

#1  ...Lad's got some splainin' to do...

Mike
Posted by: Mike Kozlowski   2019-03-28 04:08  

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