March 23, 2010

Well, Guess Joe Francis Owes IRS After All

Remember how we once thought that dude Joe Francis was so smart because he created “Girls Gone Wild” and made a gazillion dollars? Well, he may not be as smart as we all thought. Recently we wrote that the IRS had put a lien on his accounts for $33 million dollars. This after he already served jail time for another tax evasion accusation. Then it was said that the IRS had made a $33 million mistake and he didn’t owe that. So Joe was quick to point out he didn’t owe anything. But now we found out that IRS really did make a mistake and Joe does not owe $33million he owes $29.4 million!

The IRS apparently over calculated the original tax lien, but now claims the number is right and Joe needs to pony up for not paying 2001, 2002 and 2003 taxes.

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