May 21st 2012
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By AccountingWEB Staff
The IRS issued a written apology to Dionne Warwick and has cut more than $1.2 million of its original sum of back taxes that Warwick owes stemming from money she earned back in the 1990s.
In 2009, the IRS filed a lien against Warwick in federal court suggesting that she owed more than $2 million in taxes. In its apology, the IRS told Warwick that an "accounting error" was responsible for the discrepancy.
Warwick has now been issued a request from the IRS for the corrected amount of just under $1 million.