|
Community Forum · Est. 2006
|
#1
●
09-15-2015, 05:38 AM
|
|
Outlaw Country Singer/Songwriter David Allan Coe Owes Nearly $500,000 to IRS
Kevin Grasha cincinnati.com September 14, 2015 Country music singer songwriter David Allan Coe pleaded guilty Monday in federal court in Cincinnati to income tax evasion and owes the IRS more than $466,000.00, officials said. Coe, 76, who wrote the song, "Take This Job And Shove It," has owed the Internal Revenue Service for outstanding taxes since at least 1993, court documents say. Between 2008 and 2013, officials said, he either failed to file his individual income tax returns -- or when he did, he failed to pay the taxes due. Coe faces up to three years in prison and a fine of $250,000.00. The nearly half a million dollars owed includes taxes, interest and penalties. According to a news release from the U.S. Attorney's Office, instead of paying the taxes in full, Coe spent the money earned from live concert performances, "on other debts and gambling." The case is in U.S. District Court in Cincinnati. Court documents say Coe received multiple MoneyGram transfers of income in Cincinnati in 2011 and 2012. He also used a Cincinnati-based accounting firm to prepare his taxes, and in 2009 filed his taxes from Cincinnati. His Memphis-based attorney, Michael Stengel, could not be reached for comment. Coe, who performs at least 100 times a year, arranged to be paid primarily in cash, the news release said. Coe didn't allow $50 bills, the news release said, because, "he believed they were bad luck and would not gamble with them." He stopped using a personal bank account in 2009. "Coe's arrangement to be paid primarily in cash was also in an effort to impede the ability of the IRS to collect on the taxes owed," the news release said. The case was investigated by the U.S. Attorney's Office and special agents with the IRS's criminal investigations unit. |
|
#3
●
09-16-2015, 12:39 AM
| ||||||||
| My Rank: LANCE CORPORAL Poster Rank:2761 Join Date: Jul 2009 Posts: 147 Mentioned: 0 Post(s) Quoted: 45 Post(s)
| ||||||||
|
Re: Outlaw Country Singer/Songwriter David Allan Coe Owes Nearly $500,000 to IRS
I'd help him out if he'd come to our place and sing songs from his XXX underground albums for me and my wife.
|
|
#4
●
09-16-2015, 02:01 AM
|
|
Re: Outlaw Country Singer/Songwriter David Allan Coe Owes Nearly $500,000 to IRS
When I saw Dave at a biker bar back in March or May, (one of the M months), a young guy who was being deployed the following day was yelling for, "Fuckin' in the Butt," but, he didn't do it. Dave was pissed that there weren't more people and had come from Biker Week in Daytona, Florida before this show. They had no publicity. I got an e-mail. Some of the people I talked with in the audience had seen him there. |
|
#7
●
09-16-2015, 10:44 PM
|
|
Re: Outlaw Country Singer/Songwriter David Allan Coe Owes Nearly $500,000 to IRS
Hell no, but, he's been close a couple of time! On his 7th or 8th wife, Kimberly, who was/is a backup singer. Still sounds as good as ever! |
|
#8
●
09-17-2015, 02:22 AM
|
|
Re: Outlaw Country Singer/Songwriter David Allan Coe Owes Nearly $500,000 to IRS
I still think it would be better to get rid of the IRS and just have a flat sales tax with a few exclusions (food, education items, used items, etc.). You make more - you buy more - you pay more.
|