IRS & State Tax News, Updates, Opinion, Guidance, and More» irs tax lien

IRS Swings at Evander Holyfield for Back Taxes

Manny Davis — Tue, 26 Jan 2010 05:17:17 +0000

Evander Holyfield, the legendary boxer, owes the IRS over $145K for back taxes stemming from 2000, 2005, 2007 and 2008. According to The Detroit News and public records, the IRS slapped Evander with a tax lien on August 14, 2009 in Fayette County Superior Court, which is located in Georgia. Evander’s residence somewhere in Fayetteville, GA was hit with the tax lien, it seems.

Evander’s IRS tax problems break down as follows:

$36,464.42 in back taxes from 2000
$70.12 in back taxes from 2005
$45,707.95 in back taxes from 2007
$63,226.10 in back taxes from 2008

Pamela Anderson Caught with Back Taxes

Manny Davis — Thu, 03 Dec 2009 04:27:54 +0000

Beautiful Pamela Anderson is the latest major celebrity to run into troubles with the IRS. Pamela Anderson, yes, the well known actress, producer, writer and Playmate had another tax lien filed against her for delinquent taxes. The IRS tax lien was reported on October 19th in Los Angeles.

According to The Detroit News, Anderson owes the IRS $1.7+ million and the state of California another $252k+. This comes as news to the recent rumors of bankruptcy or that she owes close to a $1 million for remodeling her house.

If you are a taxpayer facing the same issue, work with the IRS today to remove the lien not only because your credit will be tarnished, but also because IRS penalties and interest will continue to accumulate.

Terminator Hit with $79k IRS Tax Lien

Manny Davis — Sat, 28 Nov 2009 19:40:01 +0000

Arnold Schwarzenegger, had an IRS tax lien filed against him totaling about $79,000. The lien was filed against the California Governor May 11th in Los Angeles County. Supposedly, the Governor owes about $39k from 2004 and $40k from 2005. The lien documentation was posted online by TMZ yesterday.

A governor’s spokesman said that Arnold paid all his taxes and on time and that they are unaware of any back taxes. The lien might have be due to the accumulation of IRS penalties because of an improper filing or misreporting certain transactions. Right now, it remains to be seen what actually caused this IRS tax lien.

Edward Rollins Owes $1.24 Million in IRS Back Taxes

Manny Davis — Mon, 02 Nov 2009 22:15:33 +0000

Ed Rollins, a political campaign consultant – and known for his work as Republican Director for Reagan in 1984, Co-Manager for Perot’s Campaign in 1992, and Whitman’s in 1993 for NJ, and recently for Mike Huckabee’s campaign, owes the IRS about $1.24 million in federal taxes.

Rollins, according to public records and The Detroit News, had IRS liens filed against him as follows: $87.6k on September 10th in the New York City Registers Office, $47.5k on July 29th in New York City, $13.5k on May 21st, and $977.4k on March 11th in New York City.

The IRS doesn’t care who you are. If you owe federal taxes, it is best to get the situation resolved as soon as possible, because interest, and penalties will add up while the IRS tax lien stays in place.

Darryl Strawberry Owes More Than $500K in Back Taxes

Manny Davis — Mon, 19 Oct 2009 18:30:29 +0000

Darryl Strawberry, the former MLB All-Star, New York Mets and New York Yankees star who has faced tax problems (like some other former Mets players) in the past owes over $550,000 when totaling California state and IRS back taxes. Strawberry was well known as a homerun hitter with a large presence in the batters box.

Darryl is well known for leading the Mets to a World Series win in 1986 and the Yankees to championships in 1996, 1998 and 1999. He has been faced major personal issues in the past ranging from divorces, drug charges and even colon cancer but has since changed his life for the better and has even setup the Darryl Strawberry Foundation to bring “global awareness to autism and other developmental disorders.”

In 1995, The New York Times reported that owed over 100,000 in back income taxes (for underreported income of $411,250 between 1986 and 1990), and today The Detroit News reported that he owes over $550k in back taxes. The breakdown according to The Detroit News is as follows: He owes over $259,000 to the State of California (as a tax lien was filed in April), over $250k to the IRS (IRS tax lien filed in December 2008).

When faced with any tax lien, you – as a taxpayer – should try to resolve the issue as soon as possible as interest and penalties will only add to your total balance. The best thing to do is reach out to a firm like us that can help you get on the right track by helping you pay, possibly settle and get into a payment plan with the IRS or state.