Showing posts with label oprah. Show all posts
Showing posts with label oprah. Show all posts

Wednesday, January 26, 2011

Oprah Hates Writing Checks to the IRS

During her interview with Piers Morgan, Oprah admitted that the most difficult check she has to write each year goes to the IRS. Apparently her accountants bring tequila when it's time to write the checks to Uncle Sam. Whatever gets you through the night, Oprah!

Accounting Today reports:

    “It would knock your socks off,” she told Morgan. “Millions are going out.”

    Morgan asked if that was painful. “The most pain I feel — and my accountants will tell you this — is every time I write a check to the IRS, it’s a ceremony. For years they came in with wine. Now they come in with tequila. It’s a tequila-signing ceremony.”

    Morgan asked her what was the most painful check she ever had to write to the IRS, but Winfrey cannily ducked the question, teasing Morgan, “You’re good. You think I’m going to give you the number. No, no, no, no, no.”

    Morgan noted that Forbes magazine estimates that Winfrey is worth $2.7 billion, and asked if the figure was accurate. She responded, “I knew you were going to go there sooner or later. I’m not sitting around counting it.” However, she added that she knows how much she’s worth “because I already had counted it.”

Read more here

Monday, September 20, 2010

Oprah: “I'll Pay the Taxes for My Aussie Giveaway”

According to TMZ.com, the Oprah Winfrey Show will take care of the tax liabilities of her recent Australian giveaway. Oprah made headlines a few years ago when she gave away automobiles to her audience members, and then left them high and dry when the enormous tax bills arrived.

    TMZ spoke with Larry Edema from Michigan -- who was selected to be in the audience on Monday for Oprah's big giveaway -- and dude tells us Winfrey had a certified public accountant on hand to address the tax issue right after the taping.

    Edema says the CPA informed the group that all taxes associated with the trip would be "handled by the Oprah show," so the trip would truly be 100% free.

    The CPA also explained that O would cover all sightseeing costs and travel-related expenses -- including passport costs for people who can't afford them.

Read more here

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