Four celebrities face battles with the IRS
by AccountingWEB on
Even the thin, the beautiful, and talented have to pay their fair share of taxes.
Beverly Johnson is looking at two tax bills that total approximately $142,000. Last April, the fifty-something supermodel-turned-actress was slapped with a demand from the state of California for $33,789 in back taxes. The lien was filed with the Riverside County Recorder of Deeds. Johnson announced earlier that she and state authorities are working out a payment arrangement.
Just when she might have felt the trouble had subsided, the Internal Revenue Service filed a lien for federal taxes on September 22. That lien, in the amount of $108,176, also was filed with the Riverside County Recorder of Deeds. The address on the lien was that of Johnson’s home on the PGA West Golf Course in La Quinta, California.
When reporters from The Detroit News asked about the circumstances leading to the unpaid taxes, Johnson said she had no clue, but she is taking responsibility. "I am aware of the situation, and it has been resolved. I am making payments.”
If those problems were not enough, Johnson also is being sued for allegedly using a gunman to try to force her ex-boyfriend, Mark Alan Burk, into signing separation papers.
Another supermodel/actress also is doing battle with two tax foes. Janice Dickinson, 55, is looking at three tax liens, all filed with the Los Angeles County Recorder of Deeds in the last year and a half.
In May 2009, the state of California filed a demand against Dickinson in the amount of $33,514. Less than a year later, in February 2010, a second California state lien followed, this one for $49,712. Still reeling from the first two blows, Dickinson was hit with an IRS lien in September 2010 for federal taxes in the amount of $201,330.
Dickinson has been modeling since the 1970s and had become one of the highest paid supermodels in the business. She opened her own modeling agency in 2005. For four seasons, The Janice Dickinson Modeling Agency was featured in an Oxygen reality TV series with Dickinson as the host. Next season she will be a patient on Celebrity Rehab with Dr. Drew.
Next up is Jaime Pressly, the blonde actress who played the unscrupulous ex-wife of the title character in the sitcom, My Name is Earl. Pressly’s debt includes $95,080 in taxes owed to the state of California, according to papers filed on June 21, in Los Angeles. That lien was followed by one from the IRS, filed on September 8, also in Los Angeles. The federal tax owed – related to income earned in 2008 – amounts to $281,699.
Pressley owns a home in Sherman Oaks, California, worth $2.25 million. She is a former Playboy model, now an actress. She has starred in Joe Dirt and Another Teen Movie.
Finally, a frequent flyer in the celebrities-in-tax-trouble category is singer Toni Braxton, mostfamous for her song, Un-break My Heart. On September 30, she filed Chapter 7 bankruptcy in California. This is Braxton’s second bankruptcy in 12 years.
Braxton listed liabilities of $10 million to $50 million.Besides her debt to the IRS of $396,330, she owes taxes to states from one end of the country to the other: California, Maryland, Las Vegas, Washington, D.C., Georgia, Illinois, New York, New Jersey, North Carolina, Oklahoma, Pennsylvania, Rhode Island, Tennessee, Utah, Virginia, and Wisconsin. The taxes owed by Braxton and her husband Keirston Lewis relate to income from 2007 and 2008.
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1 week 4 days ago by mucar1990