The Obama Comedy Czar

Comedian and actor Sinbad reportedly owes the IRS over $8 million in unpaid taxes, and the feds want to foreclose on his home to pay off his outstanding tax liens.

The performer, whose real name is David Adkins, filed tax returns between 1998 and 2006, but failed to pay the taxes he reported, according to the Detroit News. The U.S. Attorney General’s Office in Los Angeles filed suit in a federal district court on Dec. 10 to foreclose on his home in Hidden Hills, Calif., to pay off the federal tax liens. The comedian made an offer in compromise in 2003, but the IRS rejected it
the following year after it had been outstanding for 313 days. Adkins then made a second offer in compromise in 2005, which the IRS accepted. But Adkins allegedly failed to comply with the terms and conditions of the second offer in compromise, and the IRS defaulted the second OIC against him in 2006.

Sinbad’s brother, Michael Adkins, is also named in the suit because the property was transferred to him after it was sold for $1,525,000 in 1997, but the Attorney General’s office claims the title to the property was held by Sinbad’s brother in name only. Sinbad and his company,
Afros & Bellbottoms Productions, have been paying the mortgage, homeowners association dues, utilities and property taxes since 1998. Michael Adkins has not been claiming the mortgage interest deduction for rental income for the property on his federal income tax returns.

The Attorney General is asking for $8,157,725.18, plus interest and statutory additions, along with lien fees and collection costs, as well as an order to foreclose on the federal tax liens against the property and order a sale of the property.

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