Tax Lien Hits Music Legend Stevie Wonder

By Teresa Ambord

Nobody is immune from the long arm of the California Franchise Tax Board, not even one of the key entertainers at President Obama's inaugural ball. The good news is, singer Stevie Wonder can handle it. The tax lien is for a mere $40.
 
Even with penalties, the debt is only $138, a piece of cake for Wonder. Chances are, the unpaid amount was an oversight or an error in calculation. 
 
Apart from his music career, Wonder made the news not long ago when he donated $100,000 to Jasmine Faulk, a ten-year-old cancer patient who needs expensive treatment. Now the singer is back in the headlines for his appearance at the inaugural ball, with fellow performers Alicia Keys and Katy Perry.
 
Wonder was born Stevland Hardaway Judkins in 1950. Among his most memorable songs are "I Just Called to Say I Love You," and "Superstition."
 
Read more celebrity news stories.

You may like these other stories...

For bitcoin users, the taxman cometh. And you best know how to calculate taxes owed on what the IRS calls convertible virtual currency.In March 2014, the IRS issued Notice 2014-21, which declares virtual currency will be...
Majority of House of Representatives urges leadership to preserve cash method of accounting for tax purposesA bipartisan majority of the House of Representatives – 233 members – has signed a letter urging House...
More than 1 million tax payments have been processed so far in 2014 through IRS Direct Pay, a free web-based payment system that debuted earlier this year, the tax agency announced on Wednesday.Available through the Pay Your...

Already a member? log in here.

Upcoming CPE Webinars

Sep 18
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.
Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.