What do Casey Anthony, Lil Wayne and Al Pacino have in common? How about John Cena, Ozzy Osbourne, Kirstie Alley and Soulja Boy? Well, it just so happens that all of those stars made our third annual list of Top Celebrity Tax Stories. And the diverse group of athletes, rappers, reality stars, musicians, actors and actresses who ... Read More
IRS e-file for 2011 Income Tax Filing Now Available
The 2011 fiscal year tax season will mark more than two decades of the extremely popular and highly successful IRS e-file program. This year, there are more options than ever for the average American to settle up with the IRS in a fast, free, safe and secure manner by using IRS e-file. Since e-filing means filing a paperless tax ... Read More
Actress Lindsay Lohan Hit with $90K IRS Tax Lien
As if Lindsay Lohan hasn't had enough negative publicity lately, she has now been hit with an IRS tax lien. According to official documents filed in Los Angeles County, the actress failed to pay $93,701.57 in federal income taxes back in 2009. Sources for Lohan told TMZ that the 25-year-old had no knowledge of her outstanding ... Read More
Paying Double on a Tax Lien Ain’t a Thang for Jermaine Dupri
Record producer, songwriter and rapper Jermaine Dupri (also known as "JD") has finally paid off his back taxes from 2007 - but at a cost nearly twice the amount of the initial tax lien filed against him, according to TMZ. JD's original tax bill totaled $254,782.64. However, Georgia records show that late fees, penalties and ... Read More
IRS Files Tax Liens Against Santana Moss, Albert Pujols
The IRS has filed a $258,017 tax lien against Redskins wideout Santana Moss. The lien comes as a result of more than $250k in taxes the 11-year NFL veteran neglected to pay back in 2006, despite his earning more than $1.9 million that year. The Detroit News reports that the tax lien was filed against Moss’s $5.2 million ... Read More
As an Employee, Which Business Expenses are Tax Deductible?
When you’re working for your employer on the road or from a home office, you’re likely to run up a lot of expenses, some of which may not be reimbursed by your employer. It is crucial that you do not throw away the receipts for those expenses. By keeping track of your business expense documents, you can add them to your ... Read More
Another Rapper in the IRS Doghouse? Bow Wow Hit With Tax Lien
The IRS has reportedly filed a tax lien against rapper Bow Wow in the state of Florida. According to TMZ, the 24-year-old, whose real name is Shad Gregory Moss, owes $91,105.61 in unpaid taxes from 2006. Bow Wow, who has been criticized lately for pushing back the release of his upcoming album, Underrated, claims that the tax ... Read More
California Sales Tax to be Collected by Amazon, Overstock, Others
A new California tax collection requirement mandates that large out-of-state retailers, such as Amazon.com and Overstock.com, collect sales taxes on all online purchases made by customers in the state of California. The new legislation was signed by Gov. Jerry Brown last week and went into effect on Friday, July 1, 2011, ... Read More
Casey Anthony Hit With Federal Tax Lien Days Before Her Murder Trial
The IRS has filed a $68,520 tax lien against alleged child murderer Casey Anthony for unpaid federal income taxes, interest and penalties from 2008. The 25-year-old is currently on trial in Orlando, FL for the murder of her two-year-old daughter, Caylee Anthony. The lien was filed just days prior to opening arguments in the ... Read More
Worst Celebrity Tax Problems, Tax Cheaters & Tax Evasions in 2010
2010 was an eventful year, especially for celebrities with tax problems. Like in 2009, 2010 had just as many celebrities who had run-ins with the tax authorities. Some celebs paid their liabilitys, where others were in denial regarding their liabilitys, and other were victims of mistakes made by tax authorities. (Looking for the ... Read More
Wesley Snipes Finally Behind Bars for Tax Charges
Wesley Snipes, best known for his roles in White Men Can’t Jump, Jungle Fever and Passenger 57, finally went to federal prison today (Federal Prison Camp at the Federal Correctional Institution McKean, in Bradford, Pennsylvania), December 9, 2010, for tax evasion after being out on bond for the past two years while appealing his ... Read More
