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Celebrity Tax Foibles

Editors' Picks

  • Judge Frees ‘Girls Gone Wild’ Founder

    November 6, 2009

    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.

  • Ed Rollins Faced $1.33M in Tax Liens

    November 3, 2009

    Political 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.

  • IRS Files Lien Against Rapper Nas for $2.5 Million

    October 21, 2009

    Rap singer Nas is the latest hip-hop performer facing tax trouble, with the IRS filing a lien against him for $2,584,206.31.

  • Nicolas Cage Sues Ex-Manager for Not Paying His Taxes

    October 19, 2009

    Nicolas Cage has filed suit against his former business manager, claiming that Samuel Levin’s poor investment choices and failure to pay Cage’s taxes led him “down a path toward financial ruin.”

  • Former Mets Pitcher Ron Darling Hit with Tax Liens

    October 16, 2009

    Ron Darling, a former World Series-winning pitcher with the New York Mets, is facing four tax liens and warrants totaling $544,197.

  • Rapper Method Man Arrested on Tax Charges

    October 6, 2009

    Method 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.

  • Boxer Floyd Mayweather Pays $5.6M in Back Taxes

    September 25, 2009

    Professional 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.

  • Golfer Jim Thorpe Pleads Guilty to Tax Charges

    September 24, 2009

    Champion 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.

  • Girls Gone Wild CEO to Pay Back Taxes in Plea Deal

    September 24, 2009

    Joe 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.

  • IRS Sues NFL Hall of Famer Mel Blount

    September 4, 2009

    Retired Pittsburgh Steeler Hall of Fame player Mel Blount owes $631,000 in back taxes, according to a civil action filed by the IRS.

  • 'Girls Gone Wild' Founder Accuses CPA of Going Wild

    September 2, 2009

    Mantra Films, the company that produces the racy 'Girls Gone Wild' video series, has filed suit against the company’s former CFO, accusing him of conspiring with two other former executives to embezzle millions of dollars.

  • California Fights Frivolous Tax Arguments

    August 18, 2009

    In an effort to reduce the state’s 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.

  • MC Hammer Raps IRS over Tax Debts

    August 13, 2009

    Rap 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.

  • Michael Jackson Doctor Faces Tax Lien

    August 6, 2009

    Dr. Conrad Murray, the doctor who attended Michael Jackson during his last days, is facing a $21,728 tax lien from the state of California.

  • Nicolas Cage Hit with $6.2 Million Tax Lien

    August 3, 2009

    Actor Nicolas Cage is facing a whopping tax lien of $6,257,005 from the Internal Revenue Service.

  • Henry Louis Gates’ Foundation to Revise Tax Return

    July 28, 2009

    A 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.

  • ‘Stone Cold’ Steve Austin Hit with Tax Lien

    July 27, 2009

    Actor and retired professional wrestler “Stone Cold” Steve Austin has been body-slammed by California tax authorities with a $22,000 tax lien.

  • Baldwin Brother Goes Bankrupt

    July 22, 2009

    Actor Stephen Baldwin and his wife have filed for Chapter 11 protection after incurring millions in debt, including a hefty sum owed to the IRS.

  • Tax Liens Filed Against Foxy Brown and Toni Braxton

    July 20, 2009

    Two high-profile singers, Foxy Brown and Toni Braxton, are facing large tax liens, according to recent reports.

  • Hatch Turned Down for Survivor Samoa Trip

    July 14, 2009

    Richard 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.

  • Former QB Kosar Files for Bankruptcy

    June 22, 2009

    Former 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.

  • Last Charge Dismissed for Indy 500 Champ Castroneves

    May 26, 2009

    The 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.

  • Pitcher Koosman to Plead Guilty to Tax Charges

    May 11, 2009

    Former 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.

  • Feds Sue Mike Tyson’s Ex, Robin Givens, over Tax Bill

    May 8, 2009

    Federal 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.

  • Shooting for the stars

    April 19, 2009

    The Internal Revenue Service now has a new interest in sports and entertainment - and not just as a spectator.

  • CPA Sued for Martha Stewart's Daughter's Taxes

    April 15, 2009

    Wants $334,000 for alleged mistakes.

  • Stars Make California List of Tax Scofflaws

    April 14, 2009

    Burt Reynolds, Sinbad and Dionne Warwick get named and shamed.

  • Video: Joe the Plumber Takes on the IRS

    April 6, 2009

    Joe the Plumber has made his next mission the abolition of the Internal Revenue Service.

  • HHS Nominee Pays $7,040 in Back Taxes

    April 1, 2009

    Secretary 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.

  • U.S. Trade Rep Nominee to Pay Back Taxes

    March 3, 2009

    Ron 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.

  • Obama Budget Includes Tax Increases on Wealthy

    February 26, 2009

    President Barack Obama presented his budget for fiscal 2010, including about $318 billion in tax increases mainly targeted at the wealthy.

  • Palin Owes Taxes on Per Diem Payments

    February 20, 2009

    Alaska 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.

  • Pro Golfer Thorpe Charged with $1.6M in Back Taxes

    February 12, 2009

    The Internal Revenue Service has charged PGA champion golfer Jim Thorpe with income tax evasion for failing to pay $1.6 million in back taxes.

  • Tips on Tax Compliance for Cabinet Nominees

    February 11, 2009

    The 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.

  • Labor Secretary Nominee Has Tax Problems Too

    February 6, 2009

    In the latest sign of tax trouble in the Obama cabinet, Labor Secretary-designate Hilda Solis' husband had tax liens filed against him.

  • Judge Denies Dismissal of Helio Castoneves' Tax Charges

    February 6, 2009

    Race 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.

  • 'Girls Gone Wild' Founder Won't Go Wild Anymore

    February 5, 2009

    Girls Gone Wild founder Joe Francis was arrested after he showed up five hours late to a court hearing in his tax evasion case.

  • Heavy Metal Rocker Cheated by Accountant

    February 3, 2009

    Rock guitarist Yngwie Malmsteen has won $820,000 in damages from his former accountant.

  • Daschle Bows Out After Tax Problems

    February 3, 2009

    Tom 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.

  • Daschle Apologizes for Unpaid Taxes

    February 2, 2009

    President 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.

  • Geithner Admits Back Tax Problems

    January 14, 2009

    Treasury Secretary-designate Timothy Geithner admitted owing more than $34,000 in self-employment taxes between 2001 and 2004.

  • Kerik Pleads Not Guilty to Tax Charges

    January 5, 2009

    Former New York City Police Commissioner Bernard Kerik pleaded not guilty last week to tax fraud charges.

  • NBA Athlete Charities Not Playing for Keeps

    December 30, 2008

    An 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.

  • IRS Raps Doug E. Fresh with Tax Lien

    December 22, 2008

    Rap singer Doug E. Fresh is facing tax liens from the federal and state government, along with foreclosure of three homes.

  • Magic Johnson Scores with Jackson Hewitt

    November 17, 2008

    Pro basketball legend Earvin "Magic" Johnson has signed a deal with Jackson Hewitt Tax Service to become the company's spokesman in a new advertising campaign.

  • Ex-NFL Lineman Gets Three Years for Tax Evasion

    November 11, 2008

    Former NFL player Ben Coleman was sentenced to three years in jail on charges of federal tax evasion, identity theft and the filing of false loan applications.

  • Melissa Etheridge Plans Tax Protest

    November 10, 2008

    Singer Melissa Etheridge said she will stop paying her California state taxes after voters there approved a ballot measure banning gay marriages.

  • Obama Presidency Could Worry Tax Clients

    November 7, 2008

    A tax attorney predicts that small businesses and high-net-worth individuals will need tax-planning advice to help protect their assets from anticipated changes in tax law.

  • Pro Baseball Players May Avoid Obama Tax Hike

    November 6, 2008

    Major League Baseball players and their agents are already looking for ways to skirt a steep income tax hike after President-elect Barack Obama takes office.

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Editors' Picks

  • Full agenda at Council

    The road to IFRS, ongoing regulatory reform and sustainability headline AICPA confab

  • How to Be a Hero to Clients

    Barry Schimel, CPA, gave some thought-provoking tips on how to stay in clients’ good graces during a keynote address this morning at Thomson Reuters Tax & Accounting’s user conference in Orlando.

  • 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.

  • WebCPA Twitter Page

    Check out WebCPA's Twitter page, WebCPAtweets

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