Jessica Simpson Gets A Lesson In Freebie Tax Law

Jessica Simpson was overheard interrogating Manhattan attorney Salvatore Strazzullo about the tax implications of the free gifts she received last week at the MTV Video Music Awards, in wake of new IRS rules deeming the items taxable. “Just out of curiosity, how would the government find out about these gifts that everybody is getting?” Simpson, who has been suffering from a burst blood vessel in her vocal cords, croaked. He replied: “Each company has to file gift tax returns pertaining to everybody that received gifts, and then the IRS will compare those to the individual tax returns of the recipients.” The spy revealed that Simpson looked dumbfounded.


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| Posted on September 5, 2006 at 9:45 am in Uncategorized

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