Wesley Snipes' Sentenced for TaxesWesley was convicted and sentenced to a three year prison term. Wesley was found guilty of not filing income tax returns from 1999 thru 2004. The IRS claimed that Wesley owed approximatel $18.5 million in back taxes.
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2008 Section 179 DeductionFor 2008, the limit on first-year Section 179 deduction is $250,000. |