Since her first crime thriller, Blindsighted, became a bestseller in 2001, Karin Slaughter’s books have sold more than 30 million copies and earned her tens of millions in royalties. Now, the 43-year-old Atlanta writer has a new and fearsome antagonist: the Internal Revenue Service.Get educated: read about how the taxman demands FICA taxes.
In two previously unreported lawsuits in the U.S. Tax Court, Slaughter has staked out a position at odds with longstanding IRS dogma, and her efforts could help other celebrity writers cut their tax bills. The newer suit, filed in June, covers 2010 and 2011, when she grossed $9 million and voluntarily sent Uncle Sam $2.5 million of it. But she’s fighting an IRS demand for another $266,601 in taxes, plus $53,320 in accuracy related penalties.
Friday, September 05, 2014
Tax Thriller: Best Selling Crime Writer Karin Slaughter Versus The IRS
Forbes reports: