If you haven't been following, the IRS vs UBS civil case was to be taken out of court with a tax settlement and the disclosure of UBS clients to the IRS. In February, UBS agreed to pay $780 million and disclose the names of 250 clients suspected of tax evasion. Most recently, UBS in cooperation with the Swiss government, ... Read More
Tax News
Rapper MC Hammer Gets Hammered with $671K in Back Taxes
Stanley Burrell, MC Hammer, has just been slapped with a tax lien against him for $671,182 in taxes owed to the state of California and the IRS. Even with his career getting a second chance recently with his new TV show and schedule tour, he still is having serious financial issues. The break down of the taxes both him and his ... Read More
Chris Tucker Owes $3.6 Million in Back Taxes
According to The Detroit News, Chris Tucker owes $3,594,409 in back taxes to the state of California. The state has filed a tax lien against Tucker for the taxes he owes. According to the tax lien, Tucker has unpaid taxes dating back six years. Chris Tucker is a 37-year-old that has been in popular films such as Friday, ... Read More
Stephen Baldwin Owes $1.084 Million in Back Taxes
Stephen Baldwin, the youngest of the Baldwin brothers has filed for bankruptcy. In his bankruptcy petition he states that his home is valued at $1.1 million but still owes $1.19 million on the mortgages. Baldwin is said to owe $749,974 in back taxes to the IRS, has $139,288 of liability related to unpaid withholding ... Read More
Steve Austin Slapped with Tax Lien for Back Taxes
The Detroit News reported yesterday that former wrestler Steve Austin owes over $22,000 in back taxes to the state of California. With the economic downturn and with states and the federal government having budget shortfalls, non-compliant taxpayers are less likely to slip under the radar. LA County filed a tax lien against ... Read More
