When you owe $54 million in taxes, paying on the installment plan might be a welcome idea. And if you're short of cash, tax authorities aren't above taking payment in the form of diamond studs.
Michael Vick is back on the field, now playing quarterback for the Philadelphia Eagles. That means his new employer is entitled to a $10,000 tax credit.
Authorities say, RoboCop star Miguel Ferrer owes $289,800 in delinquent state and federal taxes. Ferrer is the son of late singer Rosemary Clooney, and the cousin of George Clooney. He is currently trying to sell his home, worth $3.8 million.
Just days ago, boxer Floyd Mayweather earned $10 million, plus pay-per-view percentages, when he fought Juan Manuel Marquez. But most of that giant purse will go to fulfill his back tax obligations.
With just a few weeks to go in his prison sentence for tax evasion, Richard Hatch, the first winner of the reality television show Survivor, has managed to grab the spotlight, yet again.
"A serious blemish on an otherwise outstanding life.” That’s what the judge said recently when she sentenced Mets pitcher Jerry Koosman to prison for tax evasion.
Who will win in a showdown between Batman and the Taxman? Action star Val Kilmer, who starred in "Batman Forever," may have learned recently that his superpowers are no match for the IRS.
