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Posts tagged ‘Tax Lien’

So, you’re late on filing your back taxes and aren’t sure of how to handle it. Well, you have one of three options: file now, file later, or file never.  Our advice? You guessed it, file now.  Filing late back taxes as soon as possible is imperative, not only because you’re already late, but because [...]

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.

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 [...]

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 [...]

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.

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 [...]

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 [...]

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.

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.

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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