For many out there, the name may not sound familiar. I guess that could be a generation thing. Anyways, Leona Helmsley was a billionaire NY City hotel operator and real estate investor. She was also known for being a bitch. Known as the "Queen of Mean," Helmsley was acused of claiming some $2.6 million worth of phony business expenses 1992. At her trial, one witness testified that Helmsley had boasted: "We don't pay taxes. Only the little people pay taxes." In the end, she was found guilty of tax fraud and served 19 months in prison.
Cheers!
-Taxus
As always, you can find an array of articles by perusing this site or by checking out my coworkers' individual sites:
IRS MIND
Tax Negotiation
Tax-Thoughts
TaxConsultant4U
BabyBoomer
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3 years ago
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