Tax Lien Hits Music Legend Stevie Wonder
by Terri Eyden on
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...
The tax-filing season got off to a slow start because the IRS said it needed more time to gear up for this year’s returns. But now the pace has picked up considerably.About 40 percent of the returns expected to be...
Tax preparers have completed a lot of returns since the season began and will complete a lot more before April 15 – but that's just the beginning for many accountants and their clients. In the weeks and months that...
To read more articles by Eva Rosenberg, MBA, EA, click here and check out the Talk to TaxMama archive.Once upon a time, tax storefronts and offices in primarily non-English-speaking communities were able to make a very nice...
Upcoming CPE Webinars
BAR is an acronym for: Boundaries, Authority and Role. This simple tool will provide participants with a solid understanding of leadership essentials to improve their performance.
This material is designed to provide a start-to-finish overview of how to plan and complete high-quality small audits efficiently.
In this session Excel expert David H. Ringstrom, CPA shares numerous techniques that you can use to work with charts more efficiently.
Key Accounting and Reporting Issues for Nonprofits No. 1: Overview and Statement of Financial Position
This material focuses on non-profit organizations organization, accounting and reporting.