Beyoncé's $3M tax trial postponed

[Teletubby 137,267]

The trial scheduled for May in Beyoncé's challenge to a $3 million tax deficiency has been delayed.

The singer filed a motion for continuance on April 2 and the IRS did not object. The parties must submit a status report or proposed stipulated decision by July 5.

In April 2023, the IRS determined that Beyoncé' failed to report royalty income and improperly claiming a variety of tax deductions in 2018 and 2019.

Along with accuracy-related penalties and interest, Beyoncé owes nearly $3 million, according to the IRS.

Beyonce argues that the IRS made an error in disallowing millions of dollars in deductions, including $868,766 related to a charitable contribution carryover reported in 2018.
source source

[bionic 43,679]

The company you keep

 

[RAMROD 104,865]

Besties since day one wbk

[ALGAYDO 30,327]

4 minutes ago, RAMROD said:

Besties since day one wbk

Besties that avoid paying taxes together stay together 

[Economy 47,540]

8 minutes ago, RAMROD said:

Besties since day one wbk

Picturing Beyoncé calling her bestie rn for tips based on her personal experience

 

What is the best way to sway the numbers to make my unpaid taxes seem legit to the IRS?

 

Edited April 6, 2024 by Economy

[Lucas 24,443]

Kinda sad tho that even being worth hundreds of millions of dollars, people will try anything to avoid paying 3M in tax

[River 106,317]

Cowboy Taxer

[GregJA 4,942]

JAIL HER!

 

[nATAH 43,214]

oh this era is a mess...

just pay it, she's about to make 100x that in the tour

[lasagna 2,501]

she gave us pure honey she should be tax exempt actually

[Kimmo 79,564]

Scammer Carter strikes again….

[Killa 15,825]

Be evanding tax like

[Dennis 8,391]

5 hours ago, bionic said:

The company you keep

 

"IRS wants our money? can we laugh about it? It's not worth our time. We can live without it."

On a serious note, if the IRS determined she owes 3M, I'm surprised she's going through with it and the potential PR mess rather than paying the 3M which she can make in one night.

Edited April 7, 2024 by Dennis

[olive specter 1,166]

maybe it's because i'm poor and uneducated about money

but like, why do rich people not pay taxes?

if you have hundreds of millions of net worth, 3m seems like a small number

wouldn't it be better to pay it just so you look good to the public?

is this just greed or is there more to it?

unethical ether way, but i'm curious

[Roughhouse Dandy 8,781]

Listen, the government isn't doing sh*t for us so if she thinks they've miscalculated and are trying to pull a fast one, I'm not mad about fighting it.

But bb girl, you wear that amount on your fingers. To avoid the drama all you have to do is show up at the IRS, throw a ring or two on the floor, and keep it truckin.