Celebrity news

Tax

Another round of actors in trouble with the tax man

What do Mary Ann, the Big Lebowski, Arnie Becker, and Cal Hockley have in common? The actors who played them are in tax-related trouble.
Tax

Average Joe or star athlete: The housing slump played no favorites

Rick Mahorn, former Detroit Piston and member of the 1989 NBA championship team, has hit hard times. In the last year Mahorn, 51, and his wife lost their home in Rochester Hills, Michigan, and filed Chapter 7 bankruptcy.
Tax

Child stars learn that growing up can be taxing

It’s been a bad year for at least three child stars, even if they are still active in the entertainment industry. It seems fame might not be all it’s cracked up to be.
Tax

What comes first, tax woes or competing on Dancing with the Stars?

Pamela Anderson shares something in common with a few of her fellow celebrity contestants on Dancing with the Stars. At least three others also have made headlines for being in hot water with the tax authorities.
Tax

From country to rhythm and blues to rap: tax trouble has no favorite genre

Grammy winning country singer Dwight Yoakam might have new material for a sad, sad song now that the Internal Revenue Service has filed a lien against him for nearly half a million dollars.
Tax

IRS knocks out two boxing legends

Thomas “Hitman” Hearns, who earned more than $40 million in his legendary boxing career, may find himself homeless soon, proving that it’s not just ordinary folks who are dealing with the threat of foreclosure.
Tax

The prince of DC coffee gets a jolt from the king of sales tax

In Washington, D.C., Nick Cho is a local celebrity – at least among the coffee-loving crowd. He was the owner of a popular Capitol Hill hangout called Murky Coffee. Unfortunately for Cho, he’s been gaining fame for a less stimulating reason.
Tax

Snoop Dogg, Spears: Potpourri of celebrities and their dealings with the tax man

Rapper Snoop Dogg, nee Calvin Broadus, is in trouble with the Internal Revenue Service again. On January 19, the IRS filed a lien with the Los Angeles County Recorder of Deeds against Snoop Dogg and his wife, Shante.
Tax

Hair stylist to the stars gains fame he never wanted

He's not a national celebrity himself, but celebrities like Maya Angelou, Mary Tyler Moore, and Britain's former princess Sarah Fergusson depend on him for their beauty. Now, Teddie Kossof is getting some media attention he'd like to avoid.
Tax

How Arnold Schwarzenegger cleared an $80,000 tax lien for twenty bucks

Ten months ago the IRS slapped a lien on California Governor Arnold Schwarzenegger for nearly $80,000. Now after paying only $20.50, the debt is cleared. How did that happen?
Tax

Brooke Shields, Nicolas Cage, Diego Armando Maradona, back in the news with tax problems

Some celebrities end up in the news whenever they make a new movie or sign a great deal. Others would probably prefer to stay out of the news as their personal lives are strewn across the headlines.
Tax

Arnold Schwarzenegger in tax trouble?

An IRS lien – which was filed with the Los Angeles County Recorder's office – says Arnold Schwarzenegger owes $29,047 for tax year 2004 and another $40,016 for 2005.
Tax

The taxman comes rapping for rappers Method Man, Nas, and DMX

Clifford Smith, better known as the rapper Method Man or simply Meth, is battling the New York State Department of Taxation over back taxes of $52,503.
Tax

Nicolas Cage sues business manager for tax woes

The trouble seems to never end for Nicolas Cage. Now the IRS is after him for $6.26 million in taxes owed on his 2007 income.
Tax

Joe Francis free: Was he a victim of accountants gone wild?

In spite of a future that looked pretty dismal, “Girls Gone Wild” producer Joe Francis will not serve another day of jail time for tax evasion.
Tax

IRS clerical error... or Senatorial scofflaw? Kerry campaign has tax woes

When Senator John Kerry (D-MA) ran for president in 2004, naturally he had a significant staff helping him. The IRS has taken the position that in the process of hiring and employing these people... the Kerry campaign overlooked one minor detail: They failed to pay payroll taxes on campaign staff. That's why earlier this year in the District of Columbia, the tax agency filed a lien against the campaign in the amount of $819,848. The lien is standard procedure when a tax liability goes unpaid, and is intended as a claim on property to make sure the IRS can collect the debt.
Tax

Another celebrity in the IRS spotlight: Robin Givens

More and more, it seems, celebrities are making themselves at home in the arena of tax troubles. The latest entertainer to spar with the IRS over unpaid taxes is Robin Givens, former wife of heavyweight boxing champion Mike Tyson. The 44-year-old actress is being sued by the U.S. Government for what it says is $292,000 in unpaid federal taxes, interest, and penalties dating back to 1996.
Tax

Some California celebrities are in the public eye for owing taxes

California has more than its share of tax cheats, and since so many TV and movie actors call southern California home, a few of them made the rolls of scofflaws this year, and last year, and the year before... some of them have been haunting the tax cheat rolls for a decade. Given the sorry state of California's economy, it would be hard to blame Governor Arnold Schwarzenegger for rattling the saber a little bit at his fellow entertainers who owe back taxes.
Tax

Third promoter of Wesley Snipes’s tax strategy faces prison

Jerry R. Williamson, who allegedly promoted tax avoidance strategies to the actor Wesley Snipes and thousands of other customers of the Florida-based American Rights Litigators/Guiding Light of God Ministries (ARL), pleaded guilty to mail fraud in Federal court in Washington DC on Friday April 24 in connection with the schemes. Williamson, who was indicted last year along with Snipes's tax adviser Eddie Ray Kahn and three other associates, faces up to 20 years in prison. Williamson admitted that he that he sent a fictitious "Bill of Exchange" purporting to be drawn upon the U.S.
Tax

Alexis Stewart, Martha's daughter, suing CPA over tax return

Alexis Stewart, the daughter of world-famous Martha Stewart, is suing her accountant over a tax return that she said contained mistakes costing her hundreds of thousands of dollars.A radio and TV host, Stewart, 43, filed a lawsuit earlier this month contending that CPA Michael Mirras, who she hired to do her 2002 tax return, miscalculated the amount she owed the IRS, according to the Washington Post.

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