{"id":14773,"date":"2015-11-24T00:00:00","date_gmt":"2015-11-24T00:00:00","guid":{"rendered":"https:\/\/getirshelp.com\/blog\/irs-seized-substantial-amount-of-money-from-racetrack-owners\/"},"modified":"2026-07-27T15:10:11","modified_gmt":"2026-07-27T15:10:11","slug":"irs-seized-substantial-amount-of-money-from-racetrack-owners","status":"publish","type":"post","link":"https:\/\/getirshelp.com\/blog\/irs-seized-substantial-amount-of-money-from-racetrack-owners\/","title":{"rendered":"IRS Seized Substantial Amount of Money from Racetrack Owners"},"content":{"rendered":"<p>If you&#039;re reading this, something about your tax situation has you worried. That&#039;s fair \u2014 the IRS is intimidating until you know how the rules actually work. I&#039;m Darrin Mish, a Tampa tax attorney. I&#039;ve handled cases like yours for 32 years. Let me walk you through it.<\/p>\n<p>It\u2019s human nature. People want to <a href=\"http:\/\/www.nwfdailynews.com\/article\/20151109\/NEWS\/151109259\" target=\"_blank\" rel=\"noopener noreferrer\">make money<\/a> and they want to keep it. The IRS seized more than $500,000 from racetrack owners Larry and Dixie Masino in Fort Walton Beach. It seems that people will never learn that when you own the IRS money\u2014you usually have to end up paying it, and with a penalty.<\/p>\n<p><span class=\"pullquote\">The Masinos own a home in Pensacola Beach and the IRS is coming after their home and their funds.<\/span> $510,723 was seized from four bank accounts owned by the couple. The money resulted from an illegal gambling operation that was owned by the two.<\/p>\n<p>It\u2019s that old game of trying to beat the system. It never works because someone will always catch on, or turn whistleblower. And when the curtain drops, everything owned gets seized. Whatever the lifestyle lived, is it worth it in the long run?<\/p>\n<p><a href=\"https:\/\/getirshelp.com\/blog\/\">The best advice is to create a business association with a qualified tax attorney who can keep you up-to-speed on IRS tax laws. <\/a>It\u2019s easy to make money and forget, or refuse, to pay what\u2019s owed to the IRS. Then, over a long period, it becomes difficult to part with your earnings. Take your tax attorney\u2019s professional advice.<\/p>\n<p>Check out more <a href=\"https:\/\/getirshelp.com\/blog\/category\/irs-news\/\">IRS News<\/a> stories by clicking that link.<\/p>\n<p><div class=\"rank-math-contact-info wpseo_map_compat\"><\/div><div class=\"clear\"><\/div><div class=\"rank-math-contact-info wpseo_address_compat show-address show-address-only\"><div class=\"rank-math-contact-section rank-math-contact-address\"><\/div><\/div><div class=\"clear\"><\/div><div class=\"rank-math-contact-info wpseo_opening_hours_compat\"><\/div><div class=\"clear\"><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#039;re reading this, something about your tax situation has you worried. That&#039;s fair \u2014 the IRS is intimidating until you know how the rules actually work. I&#039;m Darrin Mish, a Tampa tax attorney. I&#039;ve handled cases like yours for 32 years. Let me walk you through it. It\u2019s human nature. People want to make [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[591],"tags":[],"class_list":["post-14773","post","type-post","status-publish","format-standard","hentry","category-irs-news"],"_links":{"self":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/14773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/comments?post=14773"}],"version-history":[{"count":1,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/14773\/revisions"}],"predecessor-version":[{"id":22703,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/14773\/revisions\/22703"}],"wp:attachment":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/media?parent=14773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/categories?post=14773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/tags?post=14773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}