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 [...]
Filed under: Celebrities, Entertainment, IRS Penalties, Tax Lien, Tax News | Comment (0)
Ever wonder what would happen if you didn’t pay your taxes? When deciding which bills are the most important to pay, some people don’t include the IRS as a top priority, believe it or not! Think about it – if you skip utility bills, they shut off your service. If you skip a car payment, [...]
Filed under: Filing Taxes, IRS Penalties, Tax Levy, Tax Lien | Comment (0)
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 $1 million, with Hatch actually owing the IRS more than $1 million in [...]
Filed under: Celebrities, Entertainment, IRS Penalties, Tax Lien, Tax News | Comment (1)
Do you owe tax money to the IRS? Have you been trying to figure out how you are going to pay your bill? Did you know that ignoring your bill could lead to dire consequences? You need to take action quickly and determine how you are going to pay it. One option is to set up an IRS installment agreement.
Filed under: Installment Agreements, Tax Lien | Comment (0)
Checking your credit report is the best way to keep abreast of the information being reported to the credit bureaus. The information contained on your credit report can have a huge impact on various aspects of your life, from qualifying for credit or landing a new job. When a tax lien in placed on your [...]
Filed under: Tax Lien | Comment (0)
If you’re unable to pay taxes owed to the IRS before they’re due, and you’ve made no attempts at setting up an installment payment plan or other means of payment – the IRS has the power to attach a tax lien to property you own. This typically only happens after the IRS has sent you [...]
Filed under: Tax Lien | Comment (0)
John Elway, yes, the famous NFL Denver Broncos quarterback has been reported to owe taxes to the State of Oklahoma. Currently, John Elway is reported to owe almost 6,000 in back taxes ($5,885.97 to be exact).
Filed under: Celebrities, Tax Lien | Comment (0)
With recent decreases in tax revenues the IRS is stepping up collection efforts more than ever, so you can be sure that the IRS will collect from you what is owed. The IRS has created an automated collection system that ensures that they will get what they want. Because of this system the IRS is [...]
Filed under: Tax Levy, Tax Lien, Tax Opinion | Comment (0)
Olympic gold medal winner 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 [...]
Filed under: Celebrities, Entertainment, Tax Lien | Comment (1)
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 [...]
Filed under: Celebrities, Entertainment, Tax Lien | Comment (0)