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Expert Analysis

Tax Lessons From Reality Stars On What Not To Do

Law360, New York (October 16, 2014, 10:33 AM EDT) -- Two reality stars recently made headlines for being prosecuted for tax crimes and fraud. In both cases, the reality stars surely knew that consequences were coming: one was the subject of an IRS criminal investigation, and the other had already pleaded guilty. The defendants in both cases made missteps that, if avoided, might have otherwise allowed for more lenient outcomes. The lessons here are to not hide information from the government, and certainly to not alter or omit information provided to the government....

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