Michael Sorrentino, better known as “The Situation,” is an American reality television personality who skyrocketed to fame after appearing on MTV’s hit show Jersey Shore from 2009 through 2012. In 2010 alone Sorrentino made a whopping $5 million, the second highest of any other reality star after the queen of reality TV, Kim Kardashian. The Situation had endorsement deals and guest appearances on a number of shows, he even went on to have spots on ABC’s Dancing with the Stars, and CBS’s Celebrity Big Brother. Its safe to say that Mike Sorrentino was on top of his game, living the high life and hob-knobbing with the who’s who of Hollywood. What could go wrong?
In September of 2014, Mike Sorrentino was charged by the IRS with tax fraud for his failure to pay taxes on $8.9 million dollars of income. Sorrentino, along with his brother Marc, established a company called S Corporations which they used to pay for personal expenses and failed to report income. In 2017 even more charges were filed against the Sorrentino brothers, alleging tax evasion and structuring of bank deposits to evade reporting thresholds.
Sorrentino entered a plea deal with prosecutors whereby he pleaded guilty to one count of tax evasion. The Situation was sentenced to eight months in prison, followed by two years of supervised probation to begin after his release, and was ordered to perform 500 hours of community service. Ultimately, the star ended up serving just shy of seven months in the slammer in 2019. Now, that’s a situation.
McCauley Law Offices can help you with your tax situation, or Tax Jam as we like to call it. We work with taxpayers and the IRS every day to ensure our clients are receiving the best possible deals. When the IRS comes knocks, let us answer. Contact us today for a FREE consultation!