Friday, August 14, 2009

Celebrity Tax Debtors - No One Can Dodge the Rath of the IRS


Snoop Dogg Hit with Tax Lien
Rap singer and actor Snoop Dogg is facing a tax lien from the state of California, along with assault charges. His real name, Calvin Broadus Jr., shows up on a list of California tax scofflaws, alongside the likes of Burt Reynolds, Dionne Warwick and Sinbad. Read more

Pitcher Koosman to Plead Guilty to Tax Charges
Former baseball pitcher Jerry Koosman is expected to plead guilty later this month to charges stemming from his failure to file a tax return for 2002. Read more
MC Hammer Raps IRS over Tax Debts
August 13, 2009
Rap star MC Hammer claims the IRS is giving him a bad rap after the government filed three tax liens against him, including one in July for over $625,000.
Michael Jackson Doctor Faces Tax Lien
August 6, 2009
Dr. Conrad Murray, the doctor who attended Michael Jackson during his last days, is facing a $21,728 tax lien from the state of California.

Nicolas Cage Hit with $6.2 Million Tax Lien
August 3, 2009
Actor Nicolas Cage is facing a whopping tax lien of $6,257,005 from the Internal Revenue Service.

Henry Louis Gates’ Foundation to Revise Tax Return
July 28, 2009
A nonprofit foundation run by Harvard professor Henry Louis Gates Jr. is filing an amended 2007 tax return after it was found to have mischaracterized $11,000 in payments to officials as research grants.

‘Stone Cold’ Steve Austin Hit with Tax Lien
July 27, 2009
Actor and retired professional wrestler “Stone Cold” Steve Austin has been body-slammed by California tax authorities with a $22,000 tax lien.

Baldwin Brother Goes Bankrupt
July 22, 2009
Actor Stephen Baldwin and his wife have filed for Chapter 11 protection after incurring millions in debt, including a hefty sum owed to the IRS.

Tax Liens Filed Against Foxy Brown and Toni Braxton
July 20, 2009
Two high-profile singers, Foxy Brown and Toni Braxton, are facing large tax liens, according to recent reports.

Hatch Turned Down for Survivor Samoa Trip
July 14, 2009
Richard Hatch, the first-season winner of “Survivor,” has requested an early release from his in-home jail sentence for tax evasion so he can rejoin the show and win enough to pay back the IRS, but the judge said no.

Former QB Kosar Files for Bankruptcy
June 22, 2009
Former NFL quarterback Bernie Kosar has filed for bankruptcy, listing debts to the IRS and Broward County, Fla., along with debts arising from the collapse of the Florida real estate market.

Last Charge Dismissed for Indy 500 Champ Castroneves
May 26, 2009
The final charge against race car driver Helio Castroneves in his tax case was dismissed just two days before he went on to win the Indianapolis 500 for the third time.

Feds Sue Mike Tyson’s Ex, Robin Givens, over Tax Bill
May 8, 2009
Federal authorities have sued actress Robin Givens, ex-wife of heavyweight boxer Mike Tyson, for nearly $300,000 in unpaid taxes, interest and penalties stretching back 13 years.

Shooting for the stars
April 19, 2009
The Internal Revenue Service now has a new interest in sports and entertainment - and not just as a spectator.

CPA Sued for Martha Stewart's Daughter's Taxes
April 15, 2009
Wants $334,000 for alleged mistakes.

Stars Make California List of Tax Scofflaws
April 14, 2009
Burt Reynolds, Sinbad and Dionne Warwick get named and shamed.

Video: Joe the Plumber Takes on the IRS
April 6, 2009
Joe the Plumber has made his next mission the abolition of the Internal Revenue Service.

HHS Nominee Pays $7,040 in Back Taxes
April 1, 2009
Secretary of Health and Human Services nominee Kathleen Sebelius became the latest prospective Cabinet member to run afoul of the Tax Code after she admitted to recently paying $7,040 in back taxes and $878 in interest.

U.S. Trade Rep Nominee to Pay Back Taxes
March 3, 2009
Ron Kirk, the Obama administration's nominee for U.S. Trade Representative, has agreed to pay $9,975 in back taxes he owed on $37,750 in speaking fees.

Obama Budget Includes Tax Increases on Wealthy
February 26, 2009
President Barack Obama presented his budget for fiscal 2010, including about $318 billion in tax increases mainly targeted at the wealthy.

Palin Owes Taxes on Per Diem Payments
February 20, 2009
Alaska Governor Sarah Palin will have to pay taxes on $16,951 in travel allowances that she billed the state for days she worked from home in Wasilla.

Pro Golfer Thorpe Charged with $1.6M in Back Taxes
February 12, 2009
The Internal Revenue Service has charged PGA champion golfer Jim Thorpe with income tax evasion for failing to pay $1.6 million in back taxes.

Tips on Tax Compliance for Cabinet Nominees
February 11, 2009
The Association of Chartered Certified Accountants has some advice for Obama administration officials and erstwhile nominees who have run afoul of the Tax Code, as well as regular taxpayers.

Labor Secretary Nominee Has Tax Problems Too
February 6, 2009
In the latest sign of tax trouble in the Obama cabinet, Labor Secretary-designate Hilda Solis' husband had tax liens filed against him.

Judge Denies Dismissal of Helio Castoneves' Tax Charges
February 6, 2009
Race car driver and "Dancing with the Stars" champion Helio Castroneves will be facing the music after a judge denied a motion to dismiss some of the counts in his upcoming tax evasion trial.

'Girls Gone Wild' Founder Won't Go Wild Anymore
February 5, 2009
Girls Gone Wild founder Joe Francis was arrested after he showed up five hours late to a court hearing in his tax evasion case.

Heavy Metal Rocker Cheated by Accountant
February 3, 2009
Rock guitarist Yngwie Malmsteen has won $820,000 in damages from his former accountant.

Daschle Bows Out After Tax Problems
February 3, 2009
Tom Daschle, President Obama's pick to lead the Department of Health of Human Services, has withdrawn his nomination amid revelations that he recently owed more than $140,000 in taxes and interest.

Daschle Apologizes for Unpaid Taxes
February 2, 2009
President Obama's pick to lead the Department of Health and Human Services, former Senate Majority Leader Tom Daschle, apologized for owing $140,000 in back taxes and interest.

Geithner Admits Back Tax Problems
January 14, 2009
Treasury Secretary-designate Timothy Geithner admitted owing more than $34,000 in self-employment taxes between 2001 and 2004.

Kerik Pleads Not Guilty to Tax Charges
January 5, 2009
Former New York City Police Commissioner Bernard Kerik pleaded not guilty last week to tax fraud charges.

NBA Athlete Charities Not Playing for Keeps
December 30, 2008
An analysis of charitable foundations set up by professional basketball players found that many of them spend only a fraction of their money on charitable activities.

IRS Raps Doug E. Fresh with Tax Lien
December 22, 2008
Rap singer Doug E. Fresh is facing tax liens from the federal and state government, along with foreclosure of three homes.

Magic Johnson Scores with Jackson Hewitt
November 17, 2008
Pro basketball legend Earvin "Magic" Johnson has signed a deal with Jackson Hewitt Tax Service to become the company's spokesman in a new advertising campaign.

Ex-NFL Lineman Gets Three Years for Tax Evasion
November 11, 2008
Former NFL player Ben Coleman was sentenced to three years in jail on charges of federal tax evasion, identity theft and the filing of false loan applications.

Melissa Etheridge Plans Tax Protest
November 10, 2008
Singer Melissa Etheridge said she will stop paying her California state taxes after voters there approved a ballot measure banning gay marriages.

Obama Presidency Could Worry Tax Clients
November 7, 2008
A tax attorney predicts that small businesses and high-net-worth individuals will need tax-planning advice to help protect their assets from anticipated changes in tax law.

Pro Baseball Players May Avoid Obama Tax Hike
November 6, 2008
Major League Baseball players and their agents are already looking for ways to skirt a steep income tax hike after President-elect Barack Obama takes office.


One Too Many Emperors
October 28, 2008
Let me tell you a tale about a modern day emperor with the initials H.P.

Cindy McCain Releases 2007 Tax Information
October 21, 2008
Cindy McCain has released the summary pages of her recently filed 2007 federal tax return.

Abba's Bjorn Wins $11.5M in Swedish Tax Appeal
October 16, 2008
Former Abba band member Bjorn Ulvaeus has won a legal case against the Swedish tax authorities that will return to him the equivalent of $11.5 million in taxes that he has already paid.

Dear Dustin Hoffman: It's No Longer "Plastic"
October 7, 2008
Some thirty-plus years later, let's understand that Benjamin Braddock, Dustin's character, is now a Baby Boomer.

Palin Releases Tax Returns
October 7, 2008
Republican vice presidential candidate Gov. Sarah Palin has released her 2006 and 2007 tax returns.

'Dancing with the Stars' Winner Stepped on by IRS
October 6, 2008
Race car driver Helio Castroneves, who has won the Indianapolis 500 twice, as well as "Dancing with the Stars," couldn't speed away from tax evasion charges after a grand jury indicted him Thursday.

Too Many Emperors and Empires for Transparency
September 30, 2008
Sleight-of-hand and spin is what got us into this severe and long-lasting financial crisis.

Nicolas Cage Pays $666,000+ to Settle with IRS
September 9, 2008
Actor Nicolas Cage, whose movie Bangkok Dangerous topped the weekend box office numbers, has settled his tax debts with the Internal Revenue Service for $666,000, plus interest.

IRS Places Tax Lien on Ruben Studdard
August 26, 2008
American Idol winner Ruben Studdard is facing tax liens from the Internal Revenue Service and the state of Alabama for failing to pay more than $193,000 in back taxes.

Tax Bill Bankrupts U.K. Pop Star
August 25, 2008
British singer and reality TV star Kerry Katona has been forced into bankruptcy after trying to pay off her tax bill.

IRS Celebrity Snoop Gets Three Years' Probation
August 21, 2008
An Internal Revenue Service employee who improperly accessed the financial information of 200 celebrities and sports figures was sentenced to three years' probation, 60 hours of community service and a $1,000 penalty.

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