Why Steve Harvey Owes $22 MILLION to the IRS

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  • Опубликовано: 24 мар 2024
  • How To Pay LESS In Taxes In 2024 / Why Steve Harvey Owes The IRS Millions Of Dollars
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Комментарии • 6 тыс.

  • @neko6
    @neko6 3 месяца назад +47304

    "Always hire a rich lawyer, never hire a rich accountant"

    • @TheEditorExp
      @TheEditorExp 3 месяца назад +428

      Bro knows wazzap

    • @Ash-cg9bi
      @Ash-cg9bi 3 месяца назад +901

      Wouldn't a rich accountant be less likely to steal your money??

    • @flaviolimaj
      @flaviolimaj 3 месяца назад +2311

      ​@Ash-cg9bi I think his point is: "if he's an accountant, how did he get rich? And if he's rich, why is he still an accountant?"
      Edit: I thought that was clear from my message, but that's not my opinion, I was just explaining the commenter's POV

    • @Mrojventura
      @Mrojventura 3 месяца назад +282

      And to add to that if your a rich lawyer that means your doing something right

    • @ElFontas
      @ElFontas 3 месяца назад +159

      ​@@Ash-cg9bihow would you actually think that being rich would also mean being honest? It's like voting for a rich person "he's already rich, he wouldn't steal or be corrupt"

  • @dwill9256
    @dwill9256 3 месяца назад +61343

    Accountant is somewhere looking up at us.

    • @bottlegod4995
      @bottlegod4995 3 месяца назад +1752

      💀💀💀 bro is down there rather than up there 💀💀💀

    • @venmio8069
      @venmio8069 3 месяца назад

      @@bottlegod4995
      thats why hes looking up at us not down

    • @jingrentan618
      @jingrentan618 3 месяца назад +996

      that's why it's up not down

    • @jameskim3116
      @jameskim3116 3 месяца назад +615

      @jingrentan618 Clearly this joke went right over @bottlegod4995 ‘s head

    • @JadaTheSupreme
      @JadaTheSupreme 3 месяца назад +316

      @@jameskim3116Obviously not considering he just explained the joke in its entirety

  • @blackfalcon1324
    @blackfalcon1324 2 месяца назад +1574

    I don’t understand how the IRS didn’t pick up on this. When I owed the IRS $1000, they made sure it was all I thought about.

    • @keepingupwithcarson
      @keepingupwithcarson Месяц назад

      The IRS goes after the poor not the rich, on purpose, bc the poor don't have legal help.

    • @ProctorSilex
      @ProctorSilex Месяц назад +69

      Yeah, Delaware did the same to me for $28.

    • @blackfalcon1324
      @blackfalcon1324 Месяц назад +60

      @@ProctorSilexahh yes, a state who’s economy is focused around, ensuring the wealthiest businesses and people pay the least taxes. Normal folks though, pay up.

    • @Amina-qf3tn
      @Amina-qf3tn Месяц назад +9

      Come to Australia or move to middle East or Europe lol

    • @redsoxrule
      @redsoxrule Месяц назад

      They're underfunded. Because they don't have the money they need, they avoid the rich because they are more likely to have lawyers who will make it a headache to get it.

  • @Ethawa
    @Ethawa 2 месяца назад +186

    Moral of the story is read your own mail, and review your own finances.

  • @Floratic
    @Floratic 3 месяца назад +7282

    I remember my accounting professor saying if you're rich, then make sure you hire two accountants that don't know each other. Have the second accountant double check the work of the first accountant. 😂

    • @lindaschipansky4429
      @lindaschipansky4429 3 месяца назад +139

      I was told this to

    • @twenty383ify
      @twenty383ify 3 месяца назад +294

      Exactly. Then you follow up and check both of their work.

    • @Steven_Herrmann
      @Steven_Herrmann 3 месяца назад +56

      That's brilliant!

    • @rosepainting8775
      @rosepainting8775 3 месяца назад +67

      How about they both are stealing from you?

    • @jastermereel6949
      @jastermereel6949 3 месяца назад

      @@rosepainting8775they be having midnight rendezvous taking you to the bank 😂

  • @QueLoKevin
    @QueLoKevin 3 месяца назад +15969

    Imagine being so sad that someone you worked with for years has died. And when you’re grieving them you find out they were stealing from the whole time

    • @samuhlm2
      @samuhlm2 3 месяца назад +612

      unfortunately it happens way too frequently. When my dad passed we learned that he had been getting totally boned by one of his good friends who took advantage of him when he fell ill. Years of litigation it took to fix.

    • @DxBlack
      @DxBlack 3 месяца назад +211

      The tears would flow in reverse...

    • @samuhlm2
      @samuhlm2 3 месяца назад +15

      @@DxBlack not tracking..

    • @ehicks13
      @ehicks13 3 месяца назад +61

      Sucks cause you can’t seek justice

    • @papimimi5469
      @papimimi5469 3 месяца назад +8

      It happens often in show biz

  • @dr.MadisonSoley
    @dr.MadisonSoley 22 дня назад +1097

    borlest forbidden money books (thank me later)

  • @qinelenleawatanabe2162
    @qinelenleawatanabe2162 2 месяца назад +83

    Couple Rules of Thumb with accountants -
    - never give access to the money or account numbers/passwords etc
    - always change accountants every two years
    - and always make sure to have a second accountant double check the books to ensure everything is kosher

    • @adamfirst9321
      @adamfirst9321 2 месяца назад +4

      I have a feeling the accountant is “kosher”….

    • @Edward_Scissor_Feet
      @Edward_Scissor_Feet Месяц назад +2

      Yeah….I’m sure you do this and not just making up a story just for a RUclips short comment 🥴

    • @ProctorSilex
      @ProctorSilex Месяц назад +2

      Rule number one: be wealthy enough to afford an accountant.

    • @qinelenleawatanabe2162
      @qinelenleawatanabe2162 Месяц назад

      @@ProctorSilex Rule number one: Make sure to pull your pants and underwear down before sitting on a toilet or you will be cleaning more than your backside
      Duh.....who goes out and hires a lawyer unless they can afford one?

    • @ethanwasme4307
      @ethanwasme4307 Месяц назад

      thanks for saving me from reading the comments

  • @davissp2
    @davissp2 2 месяца назад +3393

    My father was a CPA, he taught me that you never gave an accountant access to your money or accounts. They can do their job from statements. If they can spend it and pay bills for you, then they have all that they need to steal from you.

    • @natashadickson4819
      @natashadickson4819 2 месяца назад +53

      Thank you for sharing this. God bless your dad.

    • @davissp2
      @davissp2 2 месяца назад

      @@natashadickson4819 thank you for your kind words.

    • @knottheory79220
      @knottheory79220 2 месяца назад +104

      I am a CPA, and your dad is right. One of the basics of the profession is you separate record keeping, custody and authorization.

    • @natashadickson4819
      @natashadickson4819 2 месяца назад

      @@knottheory79220 Good to know. Thanks.

    • @grizzlygrizzle
      @grizzlygrizzle 2 месяца назад +54

      A friend of mine had the same thing happen to him that happened to Steve Harvey, but with smaller numbers. Still, suddenly finding out that you owe the IRS $50K ruins your day bigtime. His accountant did the same thing to all his clients for a year and then fled the country.

  • @mandoarevee7578
    @mandoarevee7578 3 месяца назад +2195

    When millions of dollars are involved. Tax attorneys should be hired.

    • @user-cp3db5ud7g
      @user-cp3db5ud7g 2 месяца назад +8

      did you not hear the part where he died

    • @mitchy2311
      @mitchy2311 2 месяца назад

      They all rob folk...

    • @Ken_neThT
      @Ken_neThT 2 месяца назад

      ​@@user-cp3db5ud7g Go after the family or something. Surely all that money doesn't just disappear

    • @brandonsanon-jules7223
      @brandonsanon-jules7223 2 месяца назад

      ​@@user-cp3db5ud7g I think a tax attorney and a tax account are two different things

    • @sussyshibotsugikuni9580
      @sussyshibotsugikuni9580 2 месяца назад +8

      ​@user-cp3db5ud7g blud was rich and living it up, so bro probably had a wife or something and put the debt on that account that they owned so that's the petty and smart thing to do so the family gets the bill and file bankruptcy for him and tax is involved and you can't mess with the irs

  • @PMAngst
    @PMAngst 2 месяца назад +164

    Happened this to my uncle. He was once one of the weathiest in WI. He was a neurosurgeon and owned a hospital. His accountant stole most of his money and IRS chased him. Lost his license, wife, family and home. He died working as a carpenter. When it comes to money trust nobody without understanding or checking where it went to. RIP Tito. I wished i had met you.
    EDIT: Apologies, my grammar is not perfect. English is not my first language.

    • @MGrey-qb5xz
      @MGrey-qb5xz 2 месяца назад +3

      Didn't ask

    • @PartyhatRS
      @PartyhatRS 2 месяца назад +23

      @@MGrey-qb5xz Didn't ask you either. This was some "cool" info, sad, though. I also live in Wi so it literally hits close to me.

    • @MGrey-qb5xz
      @MGrey-qb5xz 2 месяца назад

      @@PartyhatRS L

    • @PartyhatRS
      @PartyhatRS 2 месяца назад +9

      @@MGrey-qb5xz L bozo

    • @MGrey-qb5xz
      @MGrey-qb5xz 2 месяца назад

      @@PartyhatRS no u

  • @1sttobylopez
    @1sttobylopez 2 месяца назад +36

    You should duet this with that video of Steve Harvey telling everybody not to sleep on their finances.

  • @Clarity199
    @Clarity199 3 месяца назад +1030

    IRS: dam that’s crazy where’s my money

    • @StuShitpost
      @StuShitpost 3 месяца назад +18

      😂😂

    • @mexusH
      @mexusH 3 месяца назад +9

      😂

    • @manhack1090
      @manhack1090 2 месяца назад +8

      😂

    • @Ratrazor
      @Ratrazor 2 месяца назад +19

      Right that is all they care about

    • @Turk_2023
      @Turk_2023 2 месяца назад +41

      IRS: "Sucks bruh I feel ya, so when you gonna have that"?

  • @zachryder3150
    @zachryder3150 3 месяца назад +3217

    "If the accountant can count, and you can't, you're going to be broke." - Dr Huxtable

    • @rdkirk3834
      @rdkirk3834 3 месяца назад +52

      The same guy said, "Never let anyone but you have direct access to your bank account."

    • @mjverostek1278
      @mjverostek1278 3 месяца назад +38

      @@rdkirk3834 Also: "Drink this."

    • @barefooted001
      @barefooted001 3 месяца назад +6

      ​@@mjverostek1278😂

    • @joho0
      @joho0 3 месяца назад +11

      Jello Puddin Pops!!!

    • @kevintucker3354
      @kevintucker3354 3 месяца назад +3

      And that clown is in prison…

  • @muggywebster1117
    @muggywebster1117 2 месяца назад +62

    Yup this happened to my cousin and a bunch of other businesses in his community. Although this accountant took all the money and went to South America. Then when the guy came back 10 years later, he wasn't even arrested. Of course these poor businesses had to pay the IRS plus their ridiculous charges. So unfair. SMH

    • @Harcorwrestler
      @Harcorwrestler 2 месяца назад +2

      Trust me, that accountant either has already paid for it or will pay for it for his misdeeds in some way. For every action, there is an equal reaction in the opposite direction.

    • @ProctorSilex
      @ProctorSilex Месяц назад

      The IRS is for oppression not fairness.

  • @lololulu1238
    @lololulu1238 2 месяца назад +9

    “What if my accountant ain’t paying my taxes, filling his pockets and the IRS show up asking me questions, I couldn’t answer” Tyler the creator

  • @lindseylorio6153
    @lindseylorio6153 3 месяца назад +3146

    Hi! I’m in accounting. Something we learn literally in the first accounting class is to not create the opportunity for fraud. Accountants should never have access to the money, they should ASSIST you paying your taxes you should receive proof the taxes were paid.
    Breaking this law for accountants would be like a doctor intentionally killing someone.

    • @DarkGhostHacker
      @DarkGhostHacker 3 месяца назад +31

      So how do you find a good accountant that's competent and ethical?
      Where do you search and what do you look for?

    • @ABIADAB
      @ABIADAB 3 месяца назад +105

      @@DarkGhostHacker we absolutely cannot guarantee that there will be no frauds happening, that's why modern accounting is called risk based accounting where we analyzed these risks and lower it as much as we can.
      for example, regarding these context the simplest and most basic thing that Steve should've done is called segregation of duties where no one person holds too much authority, recording the tax and paying it is too much authority for one person to hold

    • @abdumamed6602
      @abdumamed6602 3 месяца назад +30

      ​@ABIADAB or at the very least require the recipt from the irs confirming his met obligations

    • @Dennis-E92
      @Dennis-E92 3 месяца назад +15

      ​@@ABIADAB Auditing is the same way too, they have to get reasonable assurance that financial statements arent materially misstated, since it wouldnt be practical to test every single transaction

    • @lindseylorio6153
      @lindseylorio6153 3 месяца назад +6

      @@DarkGhostHacker word of mouth honestly I think is the best way

  • @American.Patriot1220
    @American.Patriot1220 3 месяца назад +3740

    You gotta hire accountants and attorneys to watch accountants and attorneys. Smh.

    • @howardsmith2925
      @howardsmith2925 3 месяца назад +103

      "Too much money to count, what's the amount?
      Check never bounce
      I gotta pay a n- to add it up
      Then pay somebody to make sure whatever amount he say, he can back it up
      Got racks on racks, I'm rackin' up, stackin' up" - J Cole

    • @Drunkpyro777
      @Drunkpyro777 3 месяца назад +36

      That's what auditors are for

    • @Noadvantage246
      @Noadvantage246 3 месяца назад +39

      @@Drunkpyro777This particular strategy was quite devious and probably audit proof. Because they’re WAS in fact a paper trail and explanation for the money leaving the account.
      He actually wrote checks to the IRS he just never sent them and pulled out the money as if the IRS cashed the check. To my knowledge a withdrawal is just a withdrawal on a bank statement, especially in those days, they’re be no way to know it was pulled out by the accountant and not cashed.

    • @cah048
      @cah048 3 месяца назад +9

      Maybe people shouldn't be able to accumulate that much money to begin with. I mean... it's getting harder and harder to look around and think we are doing it right.

    • @ThexXxXxOLOxXxXx
      @ThexXxXxOLOxXxXx 3 месяца назад +5

      @@Noadvantage246 Nothing's audit proof, only financial controller slip.

  • @equityoffmarket
    @equityoffmarket 2 месяца назад +1

    Ross peer pressuring main man is funny as hell lol @13:18

  • @donhouston916
    @donhouston916 2 месяца назад +1

    As an accountant, I've heard stories of other accountants (private ones) who take part of their clients' refunds in addition to their prep fees. These are in thousands, not millions. Imagine what they would do if they had access to millions and could actually write checks on the client's behalf!

  • @alexanderthegreat7246
    @alexanderthegreat7246 3 месяца назад +2298

    Why would the IRS wait until the debt got that high before personally letting Steve Harvey Know.

    • @trenzu2
      @trenzu2 3 месяца назад +464

      Because that way the debt accrues interest and they can get more money from. The IRS knows when you owe them money, but they won’t tell you. They wait in silence and then they they get you a few years later

    • @angiedillman7963
      @angiedillman7963 3 месяца назад +140

      Maybe they were sending letters, maybe the accountant was throwing them away..Idk if Steve personally gets his mail everyday, someone prob does it for him, and maybe all the irs stuff gets handed to the accountant, before Steve even knws about it...Who knws what happened, but I'd be very surprised if the irs didn't send anything till the debt was that high..I'd think by the time he hit 10 or 20 million, they would of said or sent something..

    • @HEAVENLYSONGBIRD777
      @HEAVENLYSONGBIRD777 3 месяца назад +14

      Interest!!!

    • @joshbraaksma7455
      @joshbraaksma7455 3 месяца назад

      Because TAXATION is theft and they were busy stealing and racketeering and extorting other people's efforts. They just can't get enough

    • @stopcreepingyouweirdo
      @stopcreepingyouweirdo 3 месяца назад +28

      No blame here, but if you're rich enough to have a personal accountant, you learn that accountant hands you a return and has you countersign under their name. The name and address of the accountant is going to be where the tax documentation is going.

  • @SuperMickyChow
    @SuperMickyChow 3 месяца назад +646

    If you relying on someone else paying bills for you - always make sure you see the receipts.

    • @EB-ok3io
      @EB-ok3io 3 месяца назад +6

      Hindsight is 20/20

    • @Grouse2275
      @Grouse2275 3 месяца назад +7

      This story doesn’t add up…..

    • @choua01
      @choua01 3 месяца назад +3

      what if they give you a fake receipt. Photoshop receipt

    • @shooter853
      @shooter853 3 месяца назад

      Same goes for wives too.

    • @SuperMickyChow
      @SuperMickyChow 3 месяца назад +1

      @choua01 if you can't tell the difference between a faked receipt and a real one, and don't know how to confirm it's veracity by contacting the purported issuer, then you need someone to take care of every aspect of your life for you, not just paying your bills.

  • @thehedgehogdilemma2904
    @thehedgehogdilemma2904 2 месяца назад +2

    trust and embrace the bulk my friend

  • @caroleroseburgh1344
    @caroleroseburgh1344 2 месяца назад +1

    He should have wrote a book called stupid is as stupid does ‼️😄😂🤣😆😅‼️ period ‼️😂

  • @user-cz7yl7fp6x
    @user-cz7yl7fp6x 3 месяца назад +1588

    When my Uncle was a software engineering contractor he had an accountant who did exactly the same thing and he wound up in a lot of hot water over it. My Aunt(his sister), who became a forensic accountant gave some sage advice. If you trust your accountant enough to not check out what they are doing, fire them

    • @kimberlymartin459
      @kimberlymartin459 3 месяца назад +38

      Makes alot of sense. You getting too comfortable. If they make you comfortable...start worrying.
      Another thing... if you're not getting jolted out of your sleep at night wondering if your business is going smooth.... you better go sitdown and look over all your business affairs.

    • @David-tt1rb
      @David-tt1rb 3 месяца назад +6

      That statement doesn't make sense- why fire an honest accountant? It's up to the client to ensure regular auditing by an outside source

    • @David-tt1rb
      @David-tt1rb 3 месяца назад

      ​@@kimberlymartin459it makes no sense if the client is the problem

    • @kimberlymartin459
      @kimberlymartin459 3 месяца назад +3

      @@David-tt1rb tell that to Steve Harvey

    • @user-cz7yl7fp6x
      @user-cz7yl7fp6x 3 месяца назад +4

      @katielb647 That's because my aunt has seen accounts do exactly that, if they didn't do so with regularity she wouldn't have a business. She's told me stories of accountants that did a good job for 20 years and then decided to run off with large sums of money. I'm sure they had their reasons, but if you trust them to the point you aren't at least reading it over and asking a question every now and again, you put them in a place that they can take advantage of you. Even if they don't do it now, something can change, and they might do it later. It's harsh but I feel it's probably prudent. The fix is to just check a few things over and make sure they are doing what they say they are and you don't have to fire anyone

  • @AvengeYT
    @AvengeYT 3 месяца назад +2214

    You’d be surprised how common this is, especially for start up companies. They get slammed with huge bills with no means to pay.

    • @JokerInk-CustomBuilds
      @JokerInk-CustomBuilds 3 месяца назад +68

      only because they didn't pay or set aside tax money.
      I used to have my own company. I had no clue how to do my taxes, but whenever I recieved payments from customers I would set aside 20% of the money on a savings account.
      After two years I closed down the company and my taxes had to be done by an accountant.
      When I had payed all my taxes there wer still 10.000$ left on the savings account for me to take home! So I can honestly say I never went bancrupt. I closed down with a profit. Most millionaires have failed to do that several times. LOL
      -Anyways, back to the point: Being slammed with a tax bill ain't unfair. The only reason you don't have the money is if you spent all your profits. And everyone knows there is something called taxes, so it ain't like the bill is a surprize!

    • @LeigonX
      @LeigonX 3 месяца назад +12

      Taxes really ain't that hard especially with the internet these days. Why trust someone else?

    • @MrDestroyerPrime
      @MrDestroyerPrime 3 месяца назад +13

      @@LeigonXIn Canada taxes aren't that hard if all you have are a T4 and maybe some charitable donations. However IF you have a business or side hustle things can get out of hand rather quickly in terms of the complexity of filing; especially if you do business in multiple provinces. Total pages of tax law in Canada 3302.
      Still all of this pales in comparison to US tax law. The US has 74608 page-long federal tax code. If somebody says they understand what all says; they are lying.

    • @mrparkx2
      @mrparkx2 3 месяца назад

      I think he was talking about steve Harvey's case... even if you keep 20%, if your accountant does the same move or forgets to pay and tells you he did, your 20% really doesnt cover that all due to penalties. Trust me, ive seen many businesses having this problem due to trusting their accountants too much and the penalty is really high ​@@JokerInk-CustomBuilds

    • @zockingtroller7788
      @zockingtroller7788 3 месяца назад +1

      ​@@MrDestroyerPrime...Dear USA,
      ever tried erasing something that *isn't* a geographic feature?
      Cause I think there are tax regulations so out-dated in your tax code that they are older than your COUNTRY

  • @DynamicUnreal
    @DynamicUnreal 2 месяца назад +1

    A lot of athletes and artists that become rich get stolen from. How dumb can you be to not handle your own money? It’s stupid.

  • @Black84Beard
    @Black84Beard 2 месяца назад +1

    Smart accountant. Bravo 👏

  • @MochaZilla
    @MochaZilla 3 месяца назад +176

    This is why you always double-check things yourself. Always be involved in your finances.

    • @iqtidarrahman2148
      @iqtidarrahman2148 3 месяца назад +5

      amazing name

    • @MochaZilla
      @MochaZilla 3 месяца назад

      @@iqtidarrahman2148 haha thanks!

    • @rickreese5794
      @rickreese5794 3 месяца назад +2

      Igornut is no excuse 🙈🙈🤷🏿‍♂️🤮

    • @skincareceo
      @skincareceo 3 месяца назад

      He did. The accountant was saving the checks but pulling the money out of his account.

    • @MochaZilla
      @MochaZilla 3 месяца назад +1

      @@skincareceo He could have called The irs himself to make sure. I would never trust an accountant without double-checking them.

  • @SomeeGuyy
    @SomeeGuyy 3 месяца назад +2980

    What's worse is knowing that, during those years, the IRS was probably shaking down middle income families, while not paying attention to his unpaid taxes.

    • @smithbry2000
      @smithbry2000 3 месяца назад +75

      Specifically, Blacks in rural areas.

    • @chrisleach4245
      @chrisleach4245 3 месяца назад

      Al Sharpton hasn’t paid his taxes in over 26 years they ain’t even looked at him for prosecution

    • @JiP0W
      @JiP0W 3 месяца назад

      @@smithbry2000 YEA THOSE DARN BLACKS!!!!!

    • @pboni0
      @pboni0 3 месяца назад +52

      IRS contacted his CPA and if he got notified he just handed to CPA - he should have hired a Tax Lawyer and put lien on Dead CPA property!

    • @schmooples5788
      @schmooples5788 3 месяца назад +62

      The irs needs to get those middle income family's who were off by a few dollars instead of rich millionaires, clearly
      (This is satire)

  • @sandyjones1014
    @sandyjones1014 2 месяца назад +1

    Blame game only works for famous people, never works for the working man.

  • @xSkysplitter777
    @xSkysplitter777 2 месяца назад +1

    Idk but, seems very convenient that the dead account never paid...
    Account will not be able to deny the accusations

  • @CategoricalImperative
    @CategoricalImperative 3 месяца назад +318

    Never, EVER.... have just one accountant when you are rich.

    • @TintOfficial
      @TintOfficial 3 месяца назад +7

      cmon man everyone knows you stay rich by skimping out on your taxes

    • @CategoricalImperative
      @CategoricalImperative 3 месяца назад +2

      @@TintOfficial I’m referring to auditing. But… sure.

    • @kolibad
      @kolibad 3 месяца назад +9

      No, you should hire two accountants so they can both defraud you

    • @CategoricalImperative
      @CategoricalImperative 3 месяца назад +4

      @@kolibad that would be extremely unlucky and unlikely.

    • @pinkyskeleton5410
      @pinkyskeleton5410 3 месяца назад +1

      ​@kolibad you don't hire another accountant. You hire an auditor that does yearly audits.

  • @TK-rr1gj
    @TK-rr1gj 2 месяца назад +1417

    As my grandma always said “trust, but always verify!”

  • @ThatoneguysYT32
    @ThatoneguysYT32 20 дней назад

    Steve said "never hire a shmuck, be a shmuck"

  • @Topstreet808
    @Topstreet808 Месяц назад

    No matter how big your brand or company gets, always monitor where the outgoing money goes.

  • @IIDASHII
    @IIDASHII 3 месяца назад +669

    A phrase that has stuck with me since I was young...
    "You trust your friends with your car and with your life. NEVER trust them with your money or your wife."

    • @ladynikkie
      @ladynikkie 3 месяца назад +17

      That's a very perfect analogy

    • @DesertDweller1
      @DesertDweller1 3 месяца назад +35

      No, no...that's not correct. You let 'em borrow your wife because you already know what his intentions are...but c'mon bro, your car?!? You have no idea. Fuk dat.

    • @MiniMatorX
      @MiniMatorX 3 месяца назад +67

      ​@@DesertDweller1 never give anyone advice again

    • @shadmanbashar6067
      @shadmanbashar6067 3 месяца назад +11

      ​@DesertDweller1 don't give advice to anyone. Sarcastic or not, it's not funny.

    • @mhampton8358
      @mhampton8358 3 месяца назад +10

      @@DesertDweller1as a woman I have to admit that was 😂😂😂

  • @SirWillTheGreat
    @SirWillTheGreat 3 месяца назад +584

    He did an interview with "earn your leisure" and told the whole story. Including how he was told he'd face jail time if he missed even one of those 650k/ month payments. Definitely worth a watch. *If you're going to the video, the story starts at about an hour and two minutes in.*

    • @DaleDenton-ov5pg
      @DaleDenton-ov5pg 3 месяца назад +15

      That simply can't be true. He's claiming that he would serve jail time if 'one' of those payments were missed but apparently ALL the payments were missed and he never went to jail?

    • @SirWillTheGreat
      @SirWillTheGreat 3 месяца назад +19

      @DaleDenton-ov5pg I believe he was referencing the repayment plan ($650k).

    • @tmac2744
      @tmac2744 3 месяца назад +18

      @@DaleDenton-ov5pg What Steve was referencing was the payment plan when he said he'd go to jail if he missed a payment.
      As for the original problem, that was a case of embezzlement, and even the IRS will be lenient when it can be proven that a good faith effort was made to make the payments originally.

    • @nathanpope5394
      @nathanpope5394 3 месяца назад +13

      Mad respect for taking the extra time to include the timestamp for the story within the interview. Appreciate it

    • @DaleDenton-ov5pg
      @DaleDenton-ov5pg 3 месяца назад

      @@tmac2744 ask yourself this real quick. The deal was apparently for $650,000 a month or he would go to jail for lack of payment. According to the story he went multiple months because his accountant stole it yet somehow he didn't end up in jail for missing multiple payments? That doesn't make any sense.

  • @x-man4350
    @x-man4350 2 месяца назад +1

    A hard lesson to learn😮

  • @chancemodiri3672
    @chancemodiri3672 4 дня назад

    Just happened to my dad who owns his own business. Accountant told us he paid taxes for this quarter and we get a letter in the mail saying we owe a couple grand. Considering suing him.

  • @loyalhearted6101
    @loyalhearted6101 3 месяца назад +378

    This is why you have to be on top of your money no matter how rich you are knowing how much is coming in and going out will keep this from happening

    • @zoider50
      @zoider50 3 месяца назад +2

      This is basically the truth.

    • @jazzip
      @jazzip 3 месяца назад +2

      Not only that, check with the IRS or demand receipts. For everything

    • @michelleAL894
      @michelleAL894 3 месяца назад +1

      He technically knew what was going out he just didn’t know where it went once it went out. I definitely would be watching my receipts aka proof. Even if I hit the lottery my trust issues are here to stay. I could never be so rich that I trust just anyone blindly with my money. I been homeless I know how fast you can fall by making one mistake. It’s hard to get back up too.

    • @barfy4751
      @barfy4751 3 месяца назад

      Tough if you are on the road traveling

    • @michelleAL894
      @michelleAL894 3 месяца назад

      @@barfy4751 Thats a long time to be traveling and not checking on your finances

  • @BarrettPlumbing
    @BarrettPlumbing 3 месяца назад +371

    I messed up the first few years I was in business by hiring someone that didn’t know what they were doing. It ended up costing me about $60,000 and unpaid taxes. I finally have everything figured out and dialed in and will never make that mistake again, but you have to take your finances into your own hands and be aware of how the game works

    • @calebcoatsworth8800
      @calebcoatsworth8800 3 месяца назад +1

      @BarretPlumbing, hey I have a few questions for you if you don’t mind me asking about your experience starting a business.

    • @Airbornealvin
      @Airbornealvin 3 месяца назад

      Same thing happened to my parents when they started their own business

    • @nicholasmuro1742
      @nicholasmuro1742 3 месяца назад

      The problem is that it's a game to begin with.

  • @The_journeyy
    @The_journeyy Месяц назад +1

    The story is crazy, how it went on for so long no one knows 😮

  • @GrantCardoneReels
    @GrantCardoneReels 2 месяца назад

    Always check in to avoid a bigger issue 💯

  • @stevend8785
    @stevend8785 3 месяца назад +2534

    CPA here. There are times I’ve mailed client payments but you write out the check to “United States Treasury” and I’ll envelope and stamp it right in front of you. This is a “custody of assets” issue - something I don’t want. As for evasion, I always say if you sat down with Willie Nelson or Wesley Snipes and bought them a beer, they would tell you they wished they’d just paid the tax man when they had the money and made due with what was left. Then again, it’s not like they were using Turbo Tax. They listened to the wrong people.

    • @jameslaurensvn
      @jameslaurensvn 3 месяца назад +13

      Hey bro i need a cpa actually

    • @ilbro7874
      @ilbro7874 3 месяца назад

      Yet the government can't keep track of trillions.

    • @rayafk8502
      @rayafk8502 3 месяца назад +86

      @@jameslaurensvnRUclips comments ain’t the place to be lookin

    • @SyphiList
      @SyphiList 3 месяца назад +37

      ⁠@@jameslaurensvnI am a CPA. You came to the right RUclips comment section 😼

    • @unimportant555
      @unimportant555 3 месяца назад +5

      How did he avoid irs for that long ? And isnt it illegal for them to go back that many years? I have no idea but i am asking an expert. Forgive my ignorance.

  • @kimberlymartin459
    @kimberlymartin459 3 месяца назад +83

    I had a property management for a short time. I remember when going over our agreement the lady said they can pay my monthly mortgage, insurance, property taxes. I politely declined her offer. Just mail me my rent checks and i will pay my own bills. For me if i would have agreed, I will be calling the lender, insurance company and going to city hall to make sure they were paid. So, I can do it myself and make sure all bills were paid. I don't take nobody's word!!

    • @markblaze4909
      @markblaze4909 2 месяца назад +3

      Property manager doing that has to have a brokers license and is a trustee of a trust account. They are audited by the department of real estate and licensed through your state. You also receive statements monthly. It’s no different than having a bank account.
      This is how brokers work for real estate - funds are held in trust.

    • @Inakamo
      @Inakamo 2 месяца назад

      @@markblaze4909like he/she said trust no one

    • @craigcombes
      @craigcombes 2 месяца назад +2

      I believe he knew... What he found once the guy was dead without being able to defend himself... I smell something fishy.

    • @kimberlymartin459
      @kimberlymartin459 2 месяца назад

      @@markblaze4909 you are absolutely right. And I have a fiduciary duty to myself too...
      Like I said.... every single time, I will be checking mortgage, property tax, insurance or any other thing that my money supposed to go to.
      They're not going to pay those things until my tenants pay the rent. I don't sit around for my tenants to pay... I pay it regardless and use the rental income for the following month.

  • @SpearoMcSpearFace
    @SpearoMcSpearFace 2 месяца назад

    Funny, I heard similar stories about friend's accountants dying then realizing their sleazy accountants never filed taxes.

  • @queenZuri-su5sv
    @queenZuri-su5sv 2 месяца назад +2

    This happens over and over again and the accountant should be the person that is responsible for the money that is owed

    • @castleanthrax1833
      @castleanthrax1833 2 месяца назад +1

      Why? The IRS has no contract with the accountant in respect of a 3rd parties' taxes.
      It's YOUR responsibility to ensure your taxes are paid. Even if you hire someone to pay them for you.

  • @jerrynavarro2404
    @jerrynavarro2404 3 месяца назад +154

    That's why you should always be on top of everything and dont trust just anyone 💯!

    • @FrgottenFrshness
      @FrgottenFrshness 3 месяца назад +1

      Trust but verify trust has to be verified and backed by facts

    • @Justfedup47
      @Justfedup47 3 месяца назад +3

      I Don't Trust Anyone These Days..If Something Happens. No One Is Around To Help.

  • @girlonfire2.076
    @girlonfire2.076 3 месяца назад +35

    Never hire anyone to pay the IRS

  • @Weekend658
    @Weekend658 Месяц назад

    This is on Steve. No matter how busy you are, the IRS sends you emails and mail directly when you owe them…. They also, have a website that when you type in your social security number, it shows you how much you owe currently, how much is due in payments left and a payment plan option.

  • @mingavelasquez4608
    @mingavelasquez4608 20 дней назад

    Moral of the story never trust anyone nor your friend. Only do it yourself what is right

  • @dazma3390
    @dazma3390 3 месяца назад +2056

    Man that is absolutely wild, this happened to Steve Harvey, I could only imagine the amount of damage this can cause at a Smaller scale..

    • @socketyellow3
      @socketyellow3 3 месяца назад +36

      You mean to people that pay around 5k? Typically they could sue the business if they did that. Good luck to Steve on suing 25m to one guy, even if he was alive

    • @cjcollado6972
      @cjcollado6972 3 месяца назад +7

      I don’t know anyone making as much as Steve Harvey

    • @ihavenonameforyou1
      @ihavenonameforyou1 3 месяца назад +7

      What his wife did cost him many times more.

    • @GeraldBeagan-ee6se
      @GeraldBeagan-ee6se 3 месяца назад +5

      Can’t he sue the estate? Should have had something left….

    • @clapclapscream
      @clapclapscream 3 месяца назад +2

      It’s gonna cause a lot less damage on a smaller scale, try to use that smooth brain of yours

  • @johnrodriguez5016
    @johnrodriguez5016 3 месяца назад +6

    Same thing happened to my dad, but not with the irs, thank god. My dad and uncle and one of my uncle’s buddies bought about 89 acres of land that they were going to divide three-ways but my uncle put himself in charge of the payment. My dad and the third guy would give my uncle the money to pay it off. Only it was a couple of years later that my uncle shows up to talk to my dad that the money he was giving him, most wasn’t going to the payment of the lands but to his house. Boy was my mom mad when he told what he was doing with the money. Long story short my mom told him to give up his share of the land to my dad or they were going to settle this in court where he was going to lose more. The third guy couldn’t afford to make payments to his share that he sold back what ever money he paid to my dad. That later became its own can of worms to deal with. So always ask to see the receipt or for confirmation number.

  • @dimasprajoko
    @dimasprajoko 2 месяца назад

    Irs kept quiet till its a good enough loot

  • @Sage_Silver1
    @Sage_Silver1 2 месяца назад

    Goes to show how incompetent the IRS is that they didnt bother to notify steve that they havent received the money

  • @RootbeerFloat777
    @RootbeerFloat777 3 месяца назад +342

    Steve Harvey told this story a while ago and he isn’t in debt anymore. There was a period of time where Steve Harvey was everywhere. I like him so I didn’t care but he was doing talk shows, game shows, talent shows, comedy shows. The guy was the hardest working person in show business. He was popular so I figured he liked doing different things. After hearing this story as he told it, I then understood it was to stay out of jail. He pulled it iff to. Amazing talent and work ethic.

    • @ejkalegal3145
      @ejkalegal3145 2 месяца назад +5

      I have no idea who this fool is.

    • @EnderViBrittania
      @EnderViBrittania 2 месяца назад +13

      @@ejkalegal3145 no one cares, leave

    • @_devil__0nline67
      @_devil__0nline67 2 месяца назад +7

      @@ejkalegal3145no one knows you kid

    • @ejkalegal3145
      @ejkalegal3145 2 месяца назад

      @@_devil__0nline67 Which is exactly how I like it. Kid.

    • @penelope-oe2vr
      @penelope-oe2vr 2 месяца назад +1

      At one point he had seven shows at the same time.

  • @franswiggidy
    @franswiggidy 3 месяца назад +27

    Happens all the time. He is not alone. This happened to my uncle. You owe the IRS the money regardless if the money was stolen from you.

  • @edljnehan2811
    @edljnehan2811 2 месяца назад

    Steve Harvey has a new game show coming out it's called the family screwed😅

  • @simonramirez243
    @simonramirez243 3 месяца назад +562

    It’s about time the IRS stopped playing this game with people where you can go 10 years without paying taxes.. literally every year it’s a game to see how much we owe/get back

    • @gladylagy3565
      @gladylagy3565 3 месяца назад +14

      Mf did you watch the video, he was paying , it just didn't go to the right person

    • @rolt3316
      @rolt3316 3 месяца назад +83

      ​​@@gladylagy3565bruh read the comment again. Don't comment if you can't properly understand what's been written

    • @JokerInk-CustomBuilds
      @JokerInk-CustomBuilds 3 месяца назад +40

      in most countries in Europe the companies have to deduct and pay your taxes before paying out your wages.
      So we don't do our taxes ourselves. On my payslip I can see exactly how much the IRS recieved, how much is set aside for my pension and how much is set aside for my vacation and how much is payed out.
      Companies and employees can't cheat with taxes. and we only get minor corrections on a yearly basis. I usually get around 100$ paid back... In fact I often get alot more back because I deliberately tell the system to set my tax percent a bit too high compared to my earnings. lol
      I might pay 36% tax. But I never have to do taxes, have free helthcare and social security and loads of other benefits like cheap medication, paternal leave, paid sickdays etc.
      Taxes are a lovely thing if you feel like you get your moneys worth.

    • @Ookalaable
      @Ookalaable 3 месяца назад +16

      @@gladylagy3565 please don't comment if you don't have the bare minimum number of brain cells required.

    • @GojosBackHand
      @GojosBackHand 3 месяца назад +1

      ​@@gladylagy3565op didn't pay attention just like smooth brains who like his comment

  • @MYZTICTRAVLER
    @MYZTICTRAVLER 3 месяца назад +92

    "Trust is earned, not given!"
    Applies to love, friends, and especially in business.

    • @BenjaminKibbey
      @BenjaminKibbey 3 месяца назад

      Yuuuup. If you are ever close enough to someone that you feel like you can't question every single move they make, you are too close to them to work with them.

    • @Tortilla.Reform
      @Tortilla.Reform 3 месяца назад

      Earned trust can still be abused

  • @ionuorah
    @ionuorah 2 месяца назад

    Why it's very important to take time to educate yourself

  • @Tioniker01
    @Tioniker01 2 месяца назад

    Still falls back on him. "MY DOG ATE MY HOMEWORK!"

  • @commonsense5555
    @commonsense5555 3 месяца назад +1121

    Steve didn't get the chance to fire him but I'm sure he's on fire now!

    • @wido7309
      @wido7309 3 месяца назад +12

      Brilliant comment 😮🤣🤣

    • @commonsense5555
      @commonsense5555 3 месяца назад

      @@wido7309 Thank you sir

    • @panzerlite8108
      @panzerlite8108 3 месяца назад +15

      Idk, skimping the IRS doesn't sound like something a reasonable God would send you to hell for.

    • @user-mp9fv5bf5d
      @user-mp9fv5bf5d 3 месяца назад +35

      But stealing someone's money, making him 22M in debt, and destroying trust among people? Sounds more reasonable now?

    • @omgitzthunderlol4598
      @omgitzthunderlol4598 3 месяца назад

      @@panzerlite8108yes but stealing from harvy and making him millions of dollars in debt possibly ruining his life for your own pleasure and vanity is definitely not something that gets you into heaven

  • @devindavidson3976
    @devindavidson3976 3 месяца назад +9

    Perhaps hire an accounting firm NOT a personal accountant. That way its a group of people and the firm would be liable for the failure to pay.

  • @Nelleil_86
    @Nelleil_86 2 месяца назад

    A similar thing happened to me as I was paying my flat mate to pay the tax as it was all in his name found out he didn’t and declared himself bankrupt forcing me to pay 2yrs worth of tax for both of us…

  • @BeSavagePodcast
    @BeSavagePodcast Месяц назад

    Be your own accountant. If you're running any kind of business, you better know what a general ledger, bank statement, and P/L are.

  • @thekoshertourist
    @thekoshertourist 3 месяца назад +61

    Damn the US takes a huge penalty. From 22M to 54.6M
    And can't even do anything about the accountant since he's expired

  • @strisrobith4782
    @strisrobith4782 3 месяца назад +283

    This seems to happen a lot with celebrities in the US. Where I live our accountants instructs us what to pay but they can't pay it on our behalf. If you miss your payment date for your tax you get a letter within a month.

    • @latsword3513
      @latsword3513 3 месяца назад

      UK right?

    • @strisrobith4782
      @strisrobith4782 3 месяца назад

      @@latsword3513 yea exactly

    • @badvith
      @badvith 3 месяца назад

      lol no, it happen all over in the world

    • @strisrobith4782
      @strisrobith4782 3 месяца назад

      @@latsword3513 yea exactly

    • @strisrobith4782
      @strisrobith4782 3 месяца назад +2

      @@b.s.8359 I think the US has the most for profit prisons. I live in the uk and I think 14 of our 140+ prisons are private, so around 10%.

  • @laernulienlaernulienlaernu8953
    @laernulienlaernulienlaernu8953 2 месяца назад

    It's a travesty that the accountant died coz he'd be facing a long stretch for fraud and theft

  • @Fireatank
    @Fireatank Месяц назад +1

    In an interview, Oprah said that when she started to get famous, she sougth advice from one of the most Successful Blacks at the time, Bill Cosby. She said that the advice she got, that was never forgotten, was always sign your own cheques. No one else controls your money. You do. 😳🤯🤣🤣🤣

  • @brandonkenney6310
    @brandonkenney6310 3 месяца назад +28

    Accountants/Bookkeepers can break a company if they have bad intentions. Make sure you vet them as much as possible before hiring.

  • @L0vetube1
    @L0vetube1 2 месяца назад +28

    Dont trust people too much, you gotta cross check them sometime to keep them in check 💪

  • @askjeevescosby2928
    @askjeevescosby2928 2 месяца назад

    ALWAYS KEEP AN EYE ON YOUR ACCOUNTANT!!!

  • @robatkins
    @robatkins 2 месяца назад

    Yep that’s why I do my taxes and accounting myself, well and most things myself from home repair, automotive repair, business ops, etc…

  • @baldeepbirak
    @baldeepbirak 3 месяца назад +8

    My accountant does the accounts. I pay the bills. Dont let others pay on your behalf.

  • @marcomoton3449
    @marcomoton3449 3 месяца назад +457

    Couldn't have happened to a nicer person.

    • @dillondargie66
      @dillondargie66 3 месяца назад +52

      Pls tell me this is sarcasm

    • @killswitch0sama
      @killswitch0sama 2 месяца назад +5

      @@dillondargie66whys harvey not nice?

    • @noahpearson2190
      @noahpearson2190 2 месяца назад

      He cheated on his wife. And he’s so fucking rich anyway that none of this matters.

    • @equalizir1
      @equalizir1 2 месяца назад +2

      💯

    • @cptnoname
      @cptnoname 2 месяца назад +6

      Maybe it's the (false) rumor that he's a huge Trump supporter? If that's the case, maybe original commenter needs to do a Google search. I'm sure there could be any number of reasons to not like someone, though, so who knows.

  • @lupegonzalez6264
    @lupegonzalez6264 2 месяца назад +1

    How stupid is a rich person for not checking for a letter stating that your IRS bill has been paid off. Thank you very much.

  • @kyunglee4548
    @kyunglee4548 2 месяца назад

    Never believe by word of mouth from people you “trust” the most… always asks for “paper” documentations when it comes to money and what was paid

  • @diydame7863
    @diydame7863 3 месяца назад +122

    Why would Steve Harvey make checks out to the accountant to cash and not directly to the IRS? This sounds like BS.

    • @BloodNote
      @BloodNote 3 месяца назад +18

      This is common with the rich.

    • @grettayoung3864
      @grettayoung3864 3 месяца назад

      It’s a lie Steve Harvey alway says he gets his money in an envelope and you can even see it happening sometimes on set

    • @Tortilla.Reform
      @Tortilla.Reform 3 месяца назад +3

      Why wouldn’t he? Do you have proof that it’s BS, just because you can’t fathom someone else doing something you wouldn’t do?

    • @chuckstro1769
      @chuckstro1769 3 месяца назад +4

      @@Tortilla.Reformdiydame thinks he’s smart rn

    • @user-lh7mt7zo7l
      @user-lh7mt7zo7l 3 месяца назад +4

      @@Tortilla.ReformBecause he was paying the IRS not the accountant?

  • @alpborakirte801
    @alpborakirte801 3 месяца назад +121

    Even Joker fears IRS 😂

    • @GMWILD87
      @GMWILD87 2 месяца назад +3

      He's crazy enough to take on batman but the IRS no thank you lol. Had to look it back up to paraphrase it.

  • @KwesiBolton
    @KwesiBolton 2 месяца назад

    A big reason to not someone go to jail for not paying taxes,it mostly the fault of accountants, unnecessary mistakes or theft

  • @Roquea.207
    @Roquea.207 2 месяца назад

    The moment you become millionaire the moment you’ll have to deal with all sort thieves,rats,and scammers of this world

  • @siegfriedschmitz5260
    @siegfriedschmitz5260 3 месяца назад +429

    wait, the IRS is not even sending a reminder / warning letter or something like this, if you not pay?

    • @D1ABL0_21
      @D1ABL0_21 3 месяца назад +123

      The accountant probably hides them

    • @llIllIIlIIIl
      @llIllIIlIIIl 3 месяца назад +95

      When you sign a power of attorney with an accountant, they usually receive the letters as well. Steve probably was under the assumption everything was well.

    • @stevend8785
      @stevend8785 3 месяца назад +14

      Steve Harvey should have got mail for years. Then again, many of my clients are unable to read and understand any IRS correspondence.

    • @jonathantaylor6926
      @jonathantaylor6926 3 месяца назад

      Michael Avanti (claim to fame was being Stormy Daniel lawyer) just didn't file taxes for years on millions of dollars worth of annual income. It was only found out when he got "famous" and people started looking into him. It's hard to believe someone can make seven figures a year for years and the IRS is clueless.

    • @samuhlm2
      @samuhlm2 3 месяца назад +5

      gets sent to accountant

  • @tyyt2146
    @tyyt2146 3 месяца назад +138

    On this account the accountant can't be held accountable because he can't be accounted for.

    • @rodwellcort7503
      @rodwellcort7503 3 месяца назад +4

      😂😂😂

    • @Been.Here.Since.2007
      @Been.Here.Since.2007 3 месяца назад +1

      Heh heh heh

    • @kazuya99ace
      @kazuya99ace 3 месяца назад +2

      I skipped the short and went straight ro the comments, so I'll have to count on your recount

    • @mrvang8077
      @mrvang8077 3 месяца назад +3

      That is the problem when they're not being held accountable for their action.

    • @Been.Here.Since.2007
      @Been.Here.Since.2007 3 месяца назад

      @@mrvang8077 ...not being held accountable for their...accounting

  • @nancymarshall6014
    @nancymarshall6014 2 месяца назад

    That's why you get a audit done!

  • @alexispena6168
    @alexispena6168 Месяц назад

    This is in his book he wrote,”Jump!”. Really nice book to read.👍

  • @vipnetworker
    @vipnetworker 3 месяца назад +148

    How disappointing to find out your accounts stole all your money, instead of the IRS stealing all of your money.

    • @---ml4jd
      @---ml4jd 3 месяца назад

      yeah so sad

    • @cybercloud2231
      @cybercloud2231 3 месяца назад +7

      except now you gotta pay double one for the theft(accountant) and one for the IRS

    • @RamenConnoirseur
      @RamenConnoirseur 3 месяца назад +5

      One guy uses it to buy caviar, the other guy buys 100 kids a lunch. I think the accountant is much worse.

    • @j007taylor2
      @j007taylor2 3 месяца назад

      ⁠​⁠@@RamenConnoirseurone guy uses to buy a Cavair, the other guy uses it to buy 100 kids lunch in another country while you fork up the money and your kid starve. Fixed it for you.

    • @Cautionary_Tale_Harris
      @Cautionary_Tale_Harris 3 месяца назад +2

      ​@@RamenConnoirseur
      $25,000,000 to buy 100 kids a lunch sounds about right.

  • @ElwoodBluesAK
    @ElwoodBluesAK 2 месяца назад +711

    Note to self when I'm rich; Evade taxes and blame the dead accountant.

    • @Sashas-mom
      @Sashas-mom 2 месяца назад +29

      Interesting, I never think the worst. I guess I forget how depraved we can be.

    • @Soberfuzz
      @Soberfuzz 2 месяца назад +2

      Looks like Steve's not paying it back.

    • @JB-pb9xv
      @JB-pb9xv 2 месяца назад +11

      Except that Steve got screwed with all the back debt owed .

    • @Soberfuzz
      @Soberfuzz 2 месяца назад +5

      He needs to become a student to duck that debt 😭

    • @isaactejada2757
      @isaactejada2757 2 месяца назад +4

      Exactly what Steve did

  • @fredericslimane
    @fredericslimane 2 месяца назад

    There is a definitely a smutch and it's not the accountant!!😂

  • @RustyShackelford1554
    @RustyShackelford1554 2 месяца назад

    What kind of smoothbrain doesn’t call the IRS and ask what your debt is after the first month’s payment???

  • @christopheralexander9072
    @christopheralexander9072 2 месяца назад +84

    The checks were wrote to the IRS. The accountant just didnt send them and withdrew the exact amount. So all he saw was the same dolla amountband figured thats what it was. They found the taxes and the unpaid checks wrote ro the IRS. FIGURED I WOULD HAVE RHEOWN THEM AWAY.

    • @leomignonneau1765
      @leomignonneau1765 2 месяца назад +7

      Were wrote? Were written?? What happened to English, I see it every day and I'm not a native btw.

    • @squibbelsmcjohnson
      @squibbelsmcjohnson 2 месяца назад

      ​@@leomignonneau1765😂

    • @ekowatta8505
      @ekowatta8505 2 месяца назад +4

      I live in Africa. African banking is far behind the US but even my bank tells me where the money went. If you see a cash withdrawal you should no it’s not your check. If it’s a transfer you will see the account it went to. This is simply negligence from Steve. Maybe it happening once or twice fine but for years and to the sum of 25m your an idiot in my book. Just looking at your transactions history you would see your being robbed.

  • @walkstheman98
    @walkstheman98 3 месяца назад +78

    Even if the accountant got all the warning letters, I'm amazed the IRS didnt start persuing legal action at that point.

    • @stevend8785
      @stevend8785 3 месяца назад +17

      I've worked with clients that had no idea there was a problem until two men in black suits showed up at their business. The bookkeeper was hiding the notices.

    • @walkstheman98
      @walkstheman98 3 месяца назад

      @@stevend8785 That's what I mean, I figured this would be the point where they start doing *that* although I didn't know they would actually show up. Kinda neat, and terrifying

    • @AliSidTex
      @AliSidTex 3 месяца назад +1

      The accountant was probably handling the notices and lying to the IRS.

    • @TheFirstRealChewy
      @TheFirstRealChewy 3 месяца назад +1

      That accountant was likely handling everything. Keep in mind that what the accountant was being paid is different from the IRS payments that were being stolen.
      It's so frustrating when you pay the professionals to do the job right and this is what happens. It makes things more difficult for the good ones.

  • @carlday-jy7ct
    @carlday-jy7ct 2 месяца назад

    My CPA screwed my taxes with IRS. I got indicted.

  • @jayknfriends
    @jayknfriends 2 месяца назад

    “Who will guard the guardians?” Plato

  • @janos5555
    @janos5555 3 месяца назад +25

    How do Taxes work in the US? In Germany you would be getting a letter from the financial office within a few months that the money never arrived.

    • @christocream
      @christocream 3 месяца назад +20

      It was probably being sent to the accountant who was stealing his money

    • @janos5555
      @janos5555 3 месяца назад +2

      @@christocream Ok, that makes sense. I am not sure if that would be legal here. I believe they have to send it to you and you have to give it to your accountant

    • @peddersmeister
      @peddersmeister 3 месяца назад

      Unless you are self employed in the UK we have PAYE, the employer says it all up and it's taken automatically.
      Must be like the health service, it'd put so many appointments/health companies out of business if the government bought in a similar system where tax is automatically taken/healthcare free at point of use

    • @hmmrealist8192
      @hmmrealist8192 3 месяца назад

      It’s a bit different in the U.S. They like to wait a long time for you to not pay, so that they can basically destroy you with fees and penalties.

  • @mrdiego4368
    @mrdiego4368 3 месяца назад +13

    This happened to an owner of several bars in my city. left an account deal with taxes and after several years he learned that the accountant did not do his job. Some of his staff decided to just take bottles, chairs and anything else from the restaurants instead of their final checks.

  • @fxrjoe4894
    @fxrjoe4894 2 месяца назад

    Why are these accountants be held responsible instead of the people they rip off?

  • @keepinitsk8a516
    @keepinitsk8a516 23 дня назад

    I don’t understand how people don’t look to understand their own finances, I understand paying someone to do it but no audit to keep up or understand what’s happening or anything… ridiculous.

  • @austinbaker3220
    @austinbaker3220 3 месяца назад +9

    I hate dishonest scammers, and I hate how he got away with it

    • @zergzerglol
      @zergzerglol 3 месяца назад +1

      Scammers scamming scammers. Steve Harvey himself is a comedian passing himself off as a therapist.