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What The T@X! Episode #4: Did an $1,800 Bet Land this Former IRS Commissioner in Prison?

What led to this IRS Commissioner's jail sentence?

Welcome back to another episode of What The T@X! Popular history has it that Joseph D. Nunan Jr., former IRS Commissioner, did a 5 year stint in prison for not properly reporting earnings from an $1,800 wager. “What was the bet?” you might ask. Simply put, Nunan predicted one of the greatest presidential election upsets in U.S. history, but that’s not exactly what put him behind bars.


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Jeremias Ramos is a CPA working at a nationally recognized full-service accounting, tax, and consulting firm with offices conveniently located throughout the Northeast. Jeremias specializes in tax and business consulting with focus areas in real estate, professional service providers, medical practitioners, and eCommerce businesses.

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