Danny Trejo is filing for bankruptcy -- but it's not because the dude is broke or anything ... he's just got a nagging bill with the IRS that would best be resolved this way.
is filing for bankruptcy -- but it's not because the dude is broke or anything ... he's just got a nagging bill with the IRS that would best be resolved this way.
The legendary actor tells TMZ ... he's filing Tuesday for Chapter 11 bankruptcy, which mostly has to do with reorganizing his assets to help deal with this debt he owes Uncle Sam -- which he says is about $2 million in taxes.Part of the reason he fell into this hole ... Danny says he was mistakenly claiming deductions over the years that caught up with him. He even jokingly tells us he now realizes that dog grooming isn't a legit expense you can write off.
A quick note -- while Danny is personally filing for bankruptcy, his many businesses -- including his record label, his coffee/donut shops and, of course, his famed Trejo's Tacos -- are doing just fine ... and aren't affected by this.Those enterprises are owned by corporations and LLCs he's created to run them, and we've been assured his own financial woes are not a reflection of how those are producing.
As for when he expects to put this whole mess behind him, Danny tells us he expects to be fully debt-free by sometime next year ... and that this is just a means to an end.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
IRS Issues Clarification on Rebates, Says Illinois Taxpayers Can File ReturnsMillions of taxpayers were asked to delay filing their 2022 tax returns after questions arose over whether or not specific rebates should be included as taxable income, and now the Internal Revenue Service has given their answer.
Baca lebih lajut »
IRS tells millions of taxpayers to wait to file returnsThe Internal Revenue Service is telling some people to wait to file their 2022 tax return, a group that could represent millions of taxpayers.
Baca lebih lajut »
IRS delivers ruling on whether state stimulus checks are taxableThe IRS previously told taxpayers in states that awarded stimulus or tax refund checks to hold off filing tax returns until it could rule on whether the checks were taxable.
Baca lebih lajut »
Sell on eBay or Get Paid on Venmo? You Probably Owe the IRS TaxesWhether you sell vinyl records on eBay, teach tennis lessons and get paid via Venmo, or rent your home on Airbnb, your side hustle can end up as a tax hassle. Here's how to navigate IRS rules.
Baca lebih lajut »
IRS says many 2022 special state payments are not subject to federal tax | CNN BusinessThe Internal Revenue Service has good news for millions of taxpayers in 17 states who received a one-time special state payment last year to offset inflation and other negative economic impacts: Those payments won't be subject to federal income tax.
Baca lebih lajut »
IRS Won't Tax Most Relief Payments Made by States Last YearIllinois is among 21 states that issued relief checks to residents last year. The IRS provided 11th hour guidance Friday, announcing those checks aren’t subject to federal taxes.
Baca lebih lajut »