Celebrity News | AccountingWEB.com

Is the IRS Being Mean to Lindsay Lohan?

01/13/2012 - 12:59 - 1815 reads

Lindsay Lohan has found herself in compromising positions before, and now she’s landed in another one. A report has surfaced that the twenty-five-year-old actress, who rocketed to fame in the 2004 film Mean Girls, is on the hook for almost $100,000 in back taxes owed to the Internal Revenue Service (IRS).

IRS to MC Hammer: We Can Touch This

12/13/2011 - 10:41 - 2505 reads

It's Hammer time: The Internal Revenue Service (IRS) is going after MC Hammer for $779,585 it claims he owes in back taxes dating back to 1996 and 1997. According to entertainment news outlet TMZ, the federal government has initiated a lawsuit to recover the tax debt from Hammer.

Holla, Holla...Ja Rule faces the tax music

07/25/2011 - 10:28 - 2211 reads - 2 comments

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A self-proclaimed rap "gangsta" is going to jail for committing a white-collar crime: tax evasion. Multi-platinum selling artist Ja Rule (whose real name is Jeffrey Adkins) has been sentenced to 28 months in federal prison for failing to report more than $3 million in earnings from 2004 through 2006.

Tax protest mars U2 Glastonbury gig

06/29/2011 - 08:22 - 2112 reads - 6 comments

Violence broke out at Glastonbury Festival on Friday night after members of direct action group Art Uncut clashed with security staff over U2's tax s...

Ozzy and Sharon Osbourne at odds with the IRS

04/19/2011 - 10:59 - 3439 reads - 1 comment

Not long ago they were one of the richest couples in the United Kingdom. Now Ozzy (real name John) and Sharon Osbourne are up to their eyeballs in tax trouble with Uncle Sam.

Lil Wayne, Floyd Mayweather: Famous names go round two with the Taxman

04/11/2011 - 14:35 - 3393 reads

Rapper Lil Wayne probably breathed a sigh of relief a few months ago when he settled his $1.13 million debt with the Internal Revenue Service. But compared to the new lien just filed for income earned in 2008 and 2009, that previous bill must seem small.

Charlie Sheen, out of work, faces tax issues

03/21/2011 - 22:57 - 7722 reads - 1 comment

Unlike many other celebrities, Sheen has not been in the news for tax trouble. But his new situation poses some interesting tax issues.

Celebrities and their tax woes: Young Buck, Joe Francis, Jaime Pressly, and Richard Hatch

03/16/2011 - 12:33 - 2638 reads

The latest celebrity tax round-up features several repeat offenders. It's great to be in the spotlight, but is sparring with the IRS the best way to stay in the public eye?

IRS sticks former Duke lacrosse player and falsely accused rapist with $6.5M tax bill

03/16/2011 - 12:06 - 5077 reads - 1 comment

The name Reade Seligmann has been out of the headlines for awhile, but lately he's been back in the limelight. The former Duke lacrosse player and falsely accused rapist is dealing with a hefty IRS bill.

Pacino and Scorsese added to the list of Ponzi scheme victims

03/10/2011 - 13:43 - 4343 reads

Al Pacino, who may be best known for the Godfather movies about the notorious Corleone mob family, is now finding he’s up against a real foe... the Internal Revenue Service. Public documents show Pacino owes the IRS nearly $188,000.