As headlines regarding New Jersey Housewife Teresa Giudice’s $11 million debt and bankruptcy filing surface newspapers, magazines, and blogs alike, America is beginning to realize that financial hardship can face anyone- regardless of social status. And, while the focus seems to lie solely on Teresa’s “breaking news,” turns out that she may not be the [...]
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Richard Hatch, most well known for his overconfident, arrogant, and extreme antics in scoring him the winning title on America’s first ever TV series of ‘Survivor’, has done it again. This time, the case seems to stem far from our ‘Survivor’ winning a million, with Hatch actually owing the IRS over one million in federal [...]
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Sinbad (David Adkins), known for being a stand up comedian and actor, is having some serious financial problems. On December 11th Sinbad filed for chapter 7 bankruptcy and reported that he had between $11 million and $49 million in liabilities. Of those liabilities it is reported that he owed $8.2 Million in Federal back taxes.
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Olympic record holder, Michael Phelps, owes the State of California $23 thousand in back taxes for the years 2005 and 2006. The State of California filed a tax lien on Phelps in order to secure payment of these taxes. When a tax lien is filed it becomes public information that the person who the lien [...]
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OutKast Member Big Boi (Antwan Patton) is reported to owe the IRS $55,000 in back taxes. The state of Georgia filed a tax lien against Antwan Patton and his wife on June 1st. He is the latest rapper/celeb who has fallen into trouble with the IRS. OutKast has become one of the most successful groups [...]
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Aaron carter is a pop and hip hop singer from the late 1990s who is the brother of Singer Nicker Carter, from the Backstreet Boys. He has also been an acting career in which he had parts in television series including, the Teenage Witch, 7th Heaven and Lizzie McGuire. Aaron recently came back into the [...]
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Clifford Smith (aka Method Man) of the Wu Tang Clan has been avoiding paying his taxes as far back as 2004. Today at 8 a.m. method man went to the Staten Island DA’s office to turn himself in for felony charges he received for not paying $33,000 in IRS back taxes.
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Floyd Mayweather was poised to make some big money with his come back fight with Juan Manuel Marquez. Mayweather had owed the IRS back taxes for quite some time now and they were quite aware of the earnings potential for this fight. The minimum take home for Mayweather would have been $3.2 million, but if [...]
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David Letterman ran a top 10 list on ways to annoy an IRS agent. When it comes to dealing with an IRS agent you may want to do many of these things but if by any chance you end up running into John Carpenter, you should probably think twice.
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