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 Levies, Tax Levy, Tax Lien, Tax Opinion | 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 [...]
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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.
Sinbad [...]
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Last Thursday, the IRS auctioned off 7k acres of land in South Dakota (Part of Crow Creek Indian Reservation) that the Crow Creek Sioux Tribe owned because Crow Creek Tribal Farms (A corp formed under tribal laws) owed about $3+ million in back taxes, penalties and interest for unpaid employment taxes. The buyer has not [...]
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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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Flavor Flav (William Jonathan Drayton Jr.) who is a member of Public Enemy, also a TV star has been hit with an IRS tax lien for owing the state of California over $183K in back taxes.
Flavor Flav is known for yelling “yeah boy” and “Flavor Flav” during on stage performances of his rap group. He [...]
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Oakland’s Mayor, Ron Dellums, owes the IRS $239,000 dollars for taxes he failed to pay in 2005, 2006, and 2007 according to public records and confirmed by news reports. A public tax lien was placed on his residence. Here is yet another politician who like Charlie Rangel caught with tax problems.
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NAS, who real birth name is, Nasir bin Olu Dara Jones, was hit with a $2.5 million dollar tax for unpaid taxes between 2006-2007. According to the IRS, which filed a tax lien against the rapper, he did not pay taxes for 2006 and 2007.
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Chrysler CEO Jim Press has close to $1 million in IRS back taxes and is even being sued by his credit union (Western Federal Credit Union) for defaulting on a $609k mortgage loan the Detroit News reports. As many people know tax liens become public knowledge, and the IRS filed a $947k tax lien against [...]
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According to The Detroit News, they have found records that indicate that Patti Labelle owes more than $337K in federal back taxes.
Patty LaBelle is an African-American R&B and soul singer-songwriter and actress. LaBelle earned a #1 single in 1986 with “On My Own”. She is also known for her zealous onstage performances and her large [...]
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