Have you ever wondered how much power the IRS actually has? The fact that the IRS is requesting quotes to buy sixty 12 gauge pump action shot guns for their Criminal Investigation Division should tell you how much power they have. Do they really need shotguns to enforce taxes? I can understand police using guns to protect ... Read More
Tax Blog
IRS Swings at Evander Holyfield for Back Taxes
Evander Holyfield, the legendary boxer, owes the IRS over $145K for back taxes stemming from 2000, 2005, 2007 and 2008. According to The Detroit News and public records, the IRS slapped Evander with a tax lien on August 14, 2009 in Fayette County Superior Court, which is located in Georgia. Evander's residence somewhere in ... Read More
Things to Look Out For When Choosing a Tax Relief Company
A good tax relief company offers their clients many benefits and can really help a taxpayer with major tax problems, however there are many bad tax relief companies out there that use shady tactics and do not give their clients the services they promised. It is important to pick one that will give you the best service for your ... Read More
Why the IRS Will Find You If You Don’t File Your Taxes
With each passing year, the IRS gets more and more efficient at catching non-filers. If you have gotten away with not filing a tax return in the past, don't expect to in the future. Even if you missed the past few years, it is in your best interest to file those returns because the IRS will likely catch up with you sooner or ... Read More
Brooke Shields Owes IRS $10K+ in Back Taxes
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 Hench,y 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 going on ... Read More
Why You Should Not Put Taxes on a Credit Card
When you finish filing your tax return you may find that you owe the IRS money. If you then find out that you cannot pay these taxes in full, this is not a good position, but all in all, one that you can work with. Of course, you need to pay your liability sooner rather than later. There are many ways to pay what you owe, and ... Read More
Comedian Eddie Griffin Adds Back Taxes to His Liabilities
Eddie Griffin, the famous comedian faces more financial difficulties after being slapped with a tax lien by the state of California for back taxes totaling approximately $142k. Eddie has starred in many movies and made fun of his money issues recently with a VH1 series called Going for Broke. According to The Detroit News, the ... Read More
100 Celebrities With Back Tax Problems in 2009
2009 was an eventful year for many taxpayers including celebrities. Below is a list of well known people that have had back tax problems whether Local, State, or Federally related for 2009. The list is ordered from the least amount of taxes owed to the most. (Looking for recent updates? Check out the top 100 Celebrity Tax ... Read More
JC Chasez in Tax Predicament, Owes $206K in Back Taxes
JC Chasez, best known as one of the lead vocalists in the former pop group *NSYNC and now a judge for America’s Best Dance Crew, owes $206K in back taxes to the state of Mississippi. It is surprising that JC Chasez, a member of one of the hottest boy bands around is having financial difficulties. They were so popular, so it’s ... Read More
Joe "Girls Gone Wild" Francis is Suing the IRS
According to WebCPA, Joe Francis, producer of Girls Gone Wild video series has sued the IRS for levying and freezing his assets which included a bank account levy. In October, Francis pleaded guilty to filing false tax returns and will be facing jail time. He has agreed to pay IRS back taxes and interest totaling $249.7k in ... Read More
