As efforts to flatten the contagion curve of coronavirus close businesses and schools across the country, many people are watching their paychecks disappear, their investments fall, and their sense of security slip away. The IRS is aware of the intense effect the coronavirus is having on families, and to help; the agency has ... Read More
Tax Lien
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
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
Kelly Monaco the Latest Tax-Troubled DWTS Alumn
It’s becoming a question of whether celebs go on the hit ABC show Dancing with the Stars because they are struggling financially, or if the stars’ tax woes arise as part of some sort of DWTS curse. According to The Detroit News, Kelly Monaco is the latest Dancing with the Stars alumn to have a tax problem made public, as the ... Read More
IRS Eases Up On Taxpayers Who Owe Taxes or Back Taxes
Last Thursday, IRS commissioner Doug Shulman announced a new set of initiatives to help taxpayers struggling to pay their taxes or pay off back taxes in this lackluster economy. Sometimes IRS enforcement actions (e.g. tax lien) can bury the taxpayer further which lessens not only their ability to climb out of the hole they are ... Read More
Owe Taxes from 10 Years Ago? The IRS May Still Collect
There are several reasons why a person might owe the Internal Revenue Service. This may include a financial hardship that hinders your ability to pay tax liabilities or failure to file your yearly tax returns. Regardless of the cause, when you find yourself on the receiving end of an IRS collection notice you have a major ... Read More
Is Khloe Kardashian Dashing Her Tax Bill?
Between her two reality TV shows, clothing store DASH, and LA Laker husband Lamar Odom, Khloe Kardashian has still somehow managed to score herself a tax lien. Last time I checked, reality TV, luxury retail, and basketball all pay pretty well, but apparently just not well enough. Either that, or Khloe is just another celebrity ... Read More
Chris Tucker Owes the IRS…Again
Just about a year ago, we reported on funny guy Chris Tucker owing over $3 million in back taxes. You’d think that his reported $20 million ‘Rush Hour 2’ and $25 million Rush Hour 3 paychecks would have had him more than able to pay off the bill, but apparently his taxing situation has only gotten worse. Recent reports have ... Read More
Hold Up! 4 More Rappers Added to Our Back Tax List
After our last post on infamous rappers known for more than one thing (to us - rapping; to the IRS - owing back taxes), we’ve discovered four more artists with recent tax issues. If Method Man, Swizz Beatz and Fat Joe didn’t satisfy your oh-so-unfortunate-rappers-who-owe-money-to-the-IRS fix, then maybe these guys will. Lil ... Read More
3 Rap Artists Who Can’t Seem to Wrap Up Back Tax Issues
Private jets, luxury suites, and the finest bottles of champagne - ‘necessities’ popular among America’s most loved and admired rappers may soon have to take on a lower priority. Why? The rappers have got to focus on paying off something a little more important first - their back taxes. With Method Man’s latest tax evasion ... Read More
Teresa Not the Only Housewife with Real Money Issues
As headlines regarding New Jersey Housewife Teresa Giudice's $11 million liability and bankruptcy filing surface newspapers, magazines, and blogs alike, America is beginning to realize that financial hardship can face anyone- regardless of social status. And, while the focus seems to lie solely on Teresa's "breaking news," turns ... Read More
How Does the IRS Attack Deadbeat Taxpayers?
Ever wonder what would happen if you didn't pay your taxes? When deciding which bills are the most important to pay, some people don't include the IRS as a top priority, believe it or not! Think about it – if you skip utility bills, they shut off your service. If you skip a car payment, they'll come and take your car away. When ... Read More
