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 [...]
Filed under: Celebrities, Entertainment, Tax Lien, Tax News, irs penalties | Comment (0)
It is well after the tax deadline of April 15th and you suddenly realize you have not sent in your federal income tax. What now? Many people will panic and think the feds will soon be knocking down their door. Out of fear, many more people will choose to not act and turn in the required forms since they are already so late. It can be a scary situation, especially if you owe taxes to the government and don’t have enough money to pay in full.
Filed under: Filing Taxes, Tax Tips | Comment (0)
For some, federal taxes are the bane of their existence. With ever-changing rules and the economy still struggling to get back up to par, taxpayers are undoubtedly outraged when they feel someone else isn’t holding up their end of the deal. Hard-working citizens who are shelling out tax dollars often gripe about those who are not contributing their fair share to the taxman. It’s easy to point the finger at the low income sector of society or those wealthy citizens who seem to receive unending tax breaks but things are not always as they appear at first glance.
Filed under: Filing Taxes, State Taxes, Tax News | Comment (0)
Owing back taxes can be a very frustrating situation when you do not have the money all at once to pay off the debt. If you are behind on your state and/or federal taxes, it is not uncommon to have a tax wage garnishment implemented through your employer to collect the money owned. Wage garnishment [...]
Filed under: Tax Levy | Comment (0)
The easiest way to get out of trouble with the IRS over back taxes is to file your tax returns. If you’ve missed a year or more for filing tax returns, you may be wondering what sort of options are available to you. You can protect yourself with the following steps:
Filed under: Filing Taxes, Tax Tips | Comment (1)
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)
Evander Holyfield, the legendary boxer, owes the IRS over $145k for back taxes stemming from 00, 05, and 07 and 08. According to the Detroit News, and public records, the IRS slapped Evander with a tax lien on 8/14/2009 in Fayette County Superior Court which is located in Georgia. Evander’s residence omewhere in Fayetteville, GA was hit with the tax lien it seems.
Filed under: Celebrities | Comment (0)
Brooke Shields is the latest Victim of the IRS tightening their reins on Celebrities. Recently the IRS has filed a tax lien against Shields and her husband Christopher Henchy for unpaid IRS taxes from 2004 and 2005. This shows that the IRS is pretty slow in taking actions against individuals but lately they have been [...]
Filed under: Celebrities | Comment (0)
You would think IRS Commissioner Doug Shulman would file his own taxes, right? While this would make sense, on the other hand it is justified. Shulman has openly admitted that he does not file his own taxes because the tax code is too complex.
Filed under: Tax Opinion | Comment (0)
2009 was an eventful year for many taxpayers including celebrities. Below is a list of well known people that have had back tax problems whether Local, State, or Federally related for 2009. The list is ordered from the least amount of taxes owed to the most.
Filed under: Celebrities | Comments (3)