the irs tattler - The Law Offices of Travis W. Watkins, PC
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the irs tattler - The Law Offices of Travis W. Watkins, PC
THE IRS TATTLER TRAVIS W. WATKINS, PC www.TaxHelpOK.com Singer Lionel Richie Pays Off $1 Million Tax Debt Singer Lionel Richie, a former member of the Commodores and best-known for his solo hit single “Truly”, cut a check to the Internal Revenue Service for $1.1 million. The 65-year-old signersongwriter paid the IRS after being hit with a seven figure tax lien. In 2012, according to reporting by celebrity news website TMZ, the IRS filed a lien against Richie for $1.1 million in unpaid income tax from the tax year 2010. The lien has since been reportedly lifted, meaning Richie did away with his tax problems simply by cutting one enormous check. Lionel Richie Staff VS Celebrity 2 Prison for Colo. Tax Preparer 2 Sleep Corner 3 Nevada Man VS False Returns 3 Trivia Question 4 Volume V, Issue 3 “My wife and I had hired another firm before coming to The Law Offices of Travis Watkins and it was a huge mistake. I spent thousands of dollars with someone who told me it was impossible to do what Travis did. We ended up with a settlement we could handle. The staff was so wonderful and really had our best interests at heart. We got our lives back on track and are forever grateful. - B.G., Stillwater, OK Travis W. Watkins In This Issue SEPT 2014 1 2837 NW 58th Street Oklahoma City, OK 73112 405.607.1192 1831 E 71st St. Tulsa, OK 74136 918.877.2794 3750 West Main Street Norman, OK 73072 405.607.1193 “Your IRS Weapon, The Travis Watkins Show” Sundays @ 12pm www.TaxHelpOK.com 1.800.721.7054 Staff Celebrity Looka-Like of the Month What’s New in the Office? This month we are so excited to show off our new and improved newsletter! We hope you enjoy our upgrade just as much as we do. If you have any questions about our newsletter, let us know! Knox and Emma Watkins with Grandad Steve Cleveland John is a licensed practicing attorney from Duncan, Oklahoma. Prior to joining Travis Watkins’ office, he represented major corporations. However, he has always been passionate about helping those who find themselves in unfortunate financial situations which led him to Travis’ team. When he’s not providing his clients with solutions to their tax problems, he likes to spend time with his wife and 3 kids. They enjoy following the OKC Thunder, OU football, and remain active members of their church family. Prison For Colo. Tax Preparer A Colorado tax return preparer was sentenced to six months in prison for aiding or assisting in the preparation of a false individual federal income tax return. According to court records, Elizabeth A. Eurioste, 64 of Aurora, Colo., has been preparing individual and business income tax returns sine 1971. During the tax years 2004-2007, Eurioste entered false deductions, expenses, business losses, and underreported income and gains on her clients’ tax returns to reduce the amount of tax due. John Weaver Eurioste created the false entries on income tax returns for the years covered by the indictment. She had approximately 1,200 clients. The total tax loss resulting from her actions was at least $400,000. In one example, Eurioste included false and unsupported deductions on a Form 1040, including a $3,000 capital loss, $93,950 loss from the sale of a business property, and $27,351 in itemized deductions. Eurioste knew that the entries she prepared were false. 405.607.1192 www.TaxHelpOK.com John Travolta 1.800.721.7054 Side Effects of Sleep Deprivation: High Levels of Anxiety Depression Impaired Memory & Ability to Think High Blood Pressure Higher Risk of Stroke Weight Gain Higher Risk of Diabetes Unable to Fight off Illnesses Losing Sleep Because Of The IRS? Many of my clients say they lose countless hours of sleep because of their IRS nightmare. But do you know how dangerous sleep deprivation really is? Just one week of insufficient sleep alters the activity of our genes which controls our response to stress, fighting off sickness, and overall health. One particular sleep deprivation study tested individuals using a driving simulator and by performing hand-eye coordination tasks. They found that individuals who were sleep deprived performed as badly, and sometimes worse, than individuals who were intoxicated. That’s pretty scary! They also found that caffeine and other stimulants were not enough to overcome the effects of sleep deprivation. So those cups of coffee just don’t cut it! Nevada Man Charged With Filing False Tax Returns A Nevada resident was indicted on charges in Florida of filing false returns. According to court records, Anderson filed false individual and corporate federal income tax returns for the years 2010 and 2011 while living in Florida. Anderson reported a total income of $58,452 when his income was approx. $88,149, and in 2011 he reported a total income of negative $81,710, when his income was approx. $259,995. If convicted, he faces up to 3 years in prison. 405.607.1192 www.TaxHelpOK.com 1.800.721.7054 Special Giveaway Contact Us $25 Off Any Tax Service Call for more information about our services QUESTION: What was the name of the lovable pink feline who used quips such as “Heavens to Murgatroyd” and “Exit! Stage Left”? A. Tony the Tiger B. Snagglepuss C. Krazy Kat D. Pink Panther We’re on YOUR side! The Law Offices of Travis W. Watkins The IRS Tattler 2837 NW 58th Street Oklahoma City, OK 73112 1831 E. 71st Street Tulsa, OK 74136 ADVERTISEMENT 1.800.721.7054 www.TaxHelpOK.com
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