Back Taxes Owed by Joe Francis of Girls Gone Wild Warrants IRS to File Tax Lien for $33 Million
Owing back taxes to the IRS won’t go unnoticed, even if you are infamous with millions in your bank account. The IRS makes no exceptions and sooner or later, if you owe back taxes, you will be hit with an IRS tax lien. IRS tax liens are no fun and are inescapable by hiding in your house and watching “Girls Gone Wild” videos! IRS tax liens are public records and show up on your credit report. They can freeze your personal property assets and prohibit you from purchasing cars and additional homes. The IRS does not discriminate, as “Girls Gone Wild” founder Joe Francis found out recently.Â
The Internal Revenue Service filed a tax lien against Girls Gone Wild creator Joe Francis for $33 million.
The government alleges Francis, whose videos of shirt-lifting co-eds have made him wealthy, owes back taxes from 2001, 2002 and 2003.
For Francis, this represents another battle in his ongoing war with the IRS. On Nov. 6, he was sentenced to time served and a year of probation after pleading guilty to two misdemeanor counts for filing false income tax returns and bribing jail workers. He was also ordered to pay nearly $250,000 in restitution.
Francis, who told the celebrity news website TMZ.com that the IRS had seized more than $100 million in cash from his accounts, commented: “This is total retaliation for me beating them in court.â€
Sort out your back taxes before the IRS files a tax lien against you! Tax Resolution Services is a team of Certified Tax Resolution Specialists including tax attorneys, CPAs and IRS specialists. Free tax consultation available by calling 1-866-IRS-PROBLEMS or filling out our online tax consultation form.
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