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Celebrity Tax Foibles
Editors' Picks
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Judge Frees Girls Gone Wild Founder
Joe Francis, the head of the company that produces the Girls Gone Wild series of racy videos, is a free man after he was sentenced to time served in his federal tax evasion case. Read more
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IRS Files $34M Lien Against Girls Gone Wild Founder
November 20, 2009Joe Francis, CEO of the company that produces the racy Girls Gone Wild video series, is in trouble with the IRS again only weeks after a judge sentenced him to time served for tax evasion charges.
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Singer Aaron Carter Owes IRS Over $1 Million
November 18, 2009Former teen idol Aaron Carter reportedly owes the Internal Revenue Service more than $1 million in back taxes.
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Zsa Zsa Gabor Blames Madoff for $118,321 Tax Bill
November 16, 2009The IRS has filed a tax lien against actress Zsa Zsa Gabor, claiming she owes $118,321 in unpaid taxes for 2001 and 2002, but her lawyer claims that its Bernard Madoffs fault.
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Unreasonable IRS Demands Squash Bunnymen Tour
November 9, 2009British rock band Echo & The Bunnymen have canceled their U.S. tour, citing unreasonable demands from the IRS.
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Ed Rollins Faced $1.33M in Tax Liens
November 3, 2009Political campaign consultant and pundit Ed Rollins reportedly owed over $1.33 million, according to federal and state tax liens and warrants filed this year, although he claims to have paid off much of the debt.
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IRS Files Lien Against Rapper Nas for $2.5 Million
October 21, 2009Rap singer Nas is the latest hip-hop performer facing tax trouble, with the IRS filing a lien against him for $2,584,206.31.
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Nicolas Cage Sues Ex-Manager for Not Paying His Taxes
October 19, 2009Nicolas Cage has filed suit against his former business manager, claiming that Samuel Levins poor investment choices and failure to pay Cages taxes led him down a path toward financial ruin.
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Former Mets Pitcher Ron Darling Hit with Tax Liens
October 16, 2009Ron Darling, a former World Series-winning pitcher with the New York Mets, is facing four tax liens and warrants totaling $544,197.
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Rapper Method Man Arrested on Tax Charges
October 6, 2009Method Man, a member of the hip-hop collective the Wu-Tang Clan, has been arrested on felony charges of failing to file New York State income tax returns for 2004 to 2007 and not paying $32,799 in personal income taxes for the same period.
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Boxer Floyd Mayweather Pays $5.6M in Back Taxes
September 25, 2009Professional boxer Floyd Money Mayweather, Jr., has agreed to pay the IRS $5.6 million in back taxes to avoid having federal officials take the money from his winnings in a welterweight bout.
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Golfer Jim Thorpe Pleads Guilty to Tax Charges
September 24, 2009Champion golfer Jim Thorpe faces up to two years in jail and $4.1 million in fines after he pleaded guilty to failing to pay over $2 million in income taxes.
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Girls Gone Wild CEO to Pay Back Taxes in Plea Deal
September 24, 2009Joe Francis, chief executive of the racy video producer Girls Gone Wild, has struck a plea deal with prosecutors in his tax evasion case and agreed to pay $249,705 in back taxes.
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IRS Sues NFL Hall of Famer Mel Blount
September 4, 2009Retired Pittsburgh Steeler Hall of Fame player Mel Blount owes $631,000 in back taxes, according to a civil action filed by the IRS.
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Pitcher Koosman Gets 6 Months for Tax Evasion
September 4, 2009Former All-Star baseball pitcher Jerry Koosman received a six-month sentence for not paying his federal income taxes for 2002-2004.
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'Girls Gone Wild' Founder Accuses CPA of Going Wild
September 2, 2009Mantra Films, the company that produces the racy 'Girls Gone Wild' video series, has filed suit against the companys former CFO, accusing him of conspiring with two other former executives to embezzle millions of dollars.
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California Fights Frivolous Tax Arguments
August 18, 2009In an effort to reduce the states monstrous budget shortfall, revenue officials in California have begun slapping stiff new fines on income tax scofflaws who use frivolous tax arguments to avoid paying their share.
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MC Hammer Raps IRS over Tax Debts
August 13, 2009Rap star MC Hammer claims the IRS is giving him a bad rap after the government filed three tax liens against him, including one in July for over $625,000.
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Michael Jackson Doctor Faces Tax Lien
August 6, 2009Dr. Conrad Murray, the doctor who attended Michael Jackson during his last days, is facing a $21,728 tax lien from the state of California.
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Nicolas Cage Hit with $6.2 Million Tax Lien
August 3, 2009Actor Nicolas Cage is facing a whopping tax lien of $6,257,005 from the Internal Revenue Service.
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Henry Louis Gates Foundation to Revise Tax Return
July 28, 2009A nonprofit foundation run by Harvard professor Henry Louis Gates Jr. is filing an amended 2007 tax return after it was found to have mischaracterized $11,000 in payments to officials as research grants.
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Stone Cold Steve Austin Hit with Tax Lien
July 27, 2009Actor and retired professional wrestler Stone Cold Steve Austin has been body-slammed by California tax authorities with a $22,000 tax lien.
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Baldwin Brother Goes Bankrupt
July 22, 2009Actor Stephen Baldwin and his wife have filed for Chapter 11 protection after incurring millions in debt, including a hefty sum owed to the IRS.
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Tax Liens Filed Against Foxy Brown and Toni Braxton
July 20, 2009Two high-profile singers, Foxy Brown and Toni Braxton, are facing large tax liens, according to recent reports.
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Hatch Turned Down for Survivor Samoa Trip
July 14, 2009Richard Hatch, the first-season winner of Survivor, has requested an early release from his in-home jail sentence for tax evasion so he can rejoin the show and win enough to pay back the IRS, but the judge said no.
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Former QB Kosar Files for Bankruptcy
June 22, 2009Former NFL quarterback Bernie Kosar has filed for bankruptcy, listing debts to the IRS and Broward County, Fla., along with debts arising from the collapse of the Florida real estate market.
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Last Charge Dismissed for Indy 500 Champ Castroneves
May 26, 2009The final charge against race car driver Helio Castroneves in his tax case was dismissed just two days before he went on to win the Indianapolis 500 for the third time.
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Pitcher Koosman to Plead Guilty to Tax Charges
May 11, 2009Former baseball pitcher Jerry Koosman is expected to plead guilty later this month to charges stemming from his failure to file a tax return for 2002.
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Feds Sue Mike Tysons Ex, Robin Givens, over Tax Bill
May 8, 2009Federal authorities have sued actress Robin Givens, ex-wife of heavyweight boxer Mike Tyson, for nearly $300,000 in unpaid taxes, interest and penalties stretching back 13 years.
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Shooting for the stars
April 19, 2009The Internal Revenue Service now has a new interest in sports and entertainment - and not just as a spectator.
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Stars Make California List of Tax Scofflaws
April 14, 2009Burt Reynolds, Sinbad and Dionne Warwick get named and shamed.
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Video: Joe the Plumber Takes on the IRS
April 6, 2009Joe the Plumber has made his next mission the abolition of the Internal Revenue Service.
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HHS Nominee Pays $7,040 in Back Taxes
April 1, 2009Secretary of Health and Human Services nominee Kathleen Sebelius became the latest prospective Cabinet member to run afoul of the Tax Code after she admitted to recently paying $7,040 in back taxes and $878 in interest.
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U.S. Trade Rep Nominee to Pay Back Taxes
March 3, 2009Ron Kirk, the Obama administration's nominee for U.S. Trade Representative, has agreed to pay $9,975 in back taxes he owed on $37,750 in speaking fees.
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Obama Budget Includes Tax Increases on Wealthy
February 26, 2009President Barack Obama presented his budget for fiscal 2010, including about $318 billion in tax increases mainly targeted at the wealthy.
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Palin Owes Taxes on Per Diem Payments
February 20, 2009Alaska Governor Sarah Palin will have to pay taxes on $16,951 in travel allowances that she billed the state for days she worked from home in Wasilla.
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Pro Golfer Thorpe Charged with $1.6M in Back Taxes
February 12, 2009The Internal Revenue Service has charged PGA champion golfer Jim Thorpe with income tax evasion for failing to pay $1.6 million in back taxes.
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Tips on Tax Compliance for Cabinet Nominees
February 11, 2009The Association of Chartered Certified Accountants has some advice for Obama administration officials and erstwhile nominees who have run afoul of the Tax Code, as well as regular taxpayers.
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Labor Secretary Nominee Has Tax Problems Too
February 6, 2009In the latest sign of tax trouble in the Obama cabinet, Labor Secretary-designate Hilda Solis' husband had tax liens filed against him.
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Judge Denies Dismissal of Helio Castoneves' Tax Charges
February 6, 2009Race car driver and "Dancing with the Stars" champion Helio Castroneves will be facing the music after a judge denied a motion to dismiss some of the counts in his upcoming tax evasion trial.
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'Girls Gone Wild' Founder Won't Go Wild Anymore
February 5, 2009Girls Gone Wild founder Joe Francis was arrested after he showed up five hours late to a court hearing in his tax evasion case.
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Heavy Metal Rocker Cheated by Accountant
February 3, 2009Rock guitarist Yngwie Malmsteen has won $820,000 in damages from his former accountant.
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Daschle Bows Out After Tax Problems
February 3, 2009Tom Daschle, President Obama's pick to lead the Department of Health of Human Services, has withdrawn his nomination amid revelations that he recently owed more than $140,000 in taxes and interest.
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Daschle Apologizes for Unpaid Taxes
February 2, 2009President Obama's pick to lead the Department of Health and Human Services, former Senate Majority Leader Tom Daschle, apologized for owing $140,000 in back taxes and interest.
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Geithner Admits Back Tax Problems
January 14, 2009Treasury Secretary-designate Timothy Geithner admitted owing more than $34,000 in self-employment taxes between 2001 and 2004.
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Kerik Pleads Not Guilty to Tax Charges
January 5, 2009Former New York City Police Commissioner Bernard Kerik pleaded not guilty last week to tax fraud charges.
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NBA Athlete Charities Not Playing for Keeps
December 30, 2008An analysis of charitable foundations set up by professional basketball players found that many of them spend only a fraction of their money on charitable activities.
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IRS Raps Doug E. Fresh with Tax Lien
December 22, 2008Rap singer Doug E. Fresh is facing tax liens from the federal and state government, along with foreclosure of three homes.
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Editors' Picks
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Broker-dealers weather the crisis
What they did - and what they're doing differently
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Rangel Plans to Renew Expiring Tax Breaks
House Ways and Means Committee Chairman Charles Rangel, D-N.Y., intends to introduce legislation next month that would keep a variety of tax breaks from expiring before the end of the year.
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LAUNCHING A PRACTICE: Removing the Barriers to Entry
CPAs are brilliantly positioned to become successful and profitable wealth managers, yet they often face barriers that, without proper planning, can keep them from taking the necessary steps to create an additional profit center.
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