Tyler Perry has reportedly fired his entire accounting staff for overpaying the IRS over 9 million dollars in tax money.
Perry revealed his tax inadequacy, which had him in several financial pickles.
Although Perry acknowledges taxes are a grey area, he knew the importance of ensuring taxes need to comply with a certain standard.
Consequently, Perry rightfully hired auditors for audits to ensure his financial statements complied with the federal agency’s requests.
Perry noted some red flags early on, such as an accountant who seemed suspiciously curious about how Perry was managing his finances.
Perry deemed the behavior inappropriate. So, he later dismissed the auditor from the case, and the agency hired a replacement.
The audit went on for three years and Perry spent hundreds of thousands of dollars in accounting with accountants for the audit.
“We get to the end of the audit and the IRS owed me $9 million. They owed me $9 million,” Perry said in disbelief.
Tyler Perry fired the accountants as a result of the costly error.