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...

School tax breaks get House support as Democrats objectRichard Rubin of Bloomberg reported that the House of Representatives on Thursday voted to expand and simplify tax breaks for education as Republicans continue to pass...
Many senior US tax professionals believe that a streamlined audit process will be the top benefit resulting from the IRS Transfer Pricing Audit Roadmap, a new toolkit organized around a notional 24-month audit timeline,...
Tax accounting to be simplified for money-market fundsThe US Securities and Exchange Commission (SEC) voted 3-2 on Wednesday for sweeping changes to institutional money-market funds, Emily Chasan, senior editor of...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.