Tax Lien

Nicolas Cage Owes $6.25 Million in Back Taxes

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The IRS has filed a tax lien against Nicolas Cage for $6.25 million dollars according to The Detroit News. An IRS tax lien is usually the first major action the IRS will take if you fail to pay taxes. The reason why you see the media reporting this is because a tax lien becomes public knowledge as it will show up in country clerks office records, state records, your credit, and more.

According to sources, Nicolas Cage fell behind with IRS in 2007, which lead to the IRS hearing in LA court in New Orleans on July 14th. This is the second time Cage has run into the IRS, paying $660k in back taxes for the unreasonable deduction of personal expenses back in September 2008. Nicholas Cage is one current celebrity that owes a ton in back taxes.

This post was published on August 3, 2009

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