Posts Tagged ‘Celebrity Tax Woes’

Back Taxes Owed by Reality TV Housewife

Friday, August 23rd, 2013

One of America’s most famous housewives owes money to the Internal Revenue Service.
The IRS filed a tax lien against Lynne Curtin, of Capistrano Beach, California, who formerly appeared on the reality TV show Real Housewives of Orange County.
According to the tax lien, first reported by TMZ, Curtin owes $32,006.24 in back taxes to the U.S. government.
Curtin was a cast member on Real Housewives of Orange County for two years from
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Even Real Housewives Get Tax Bills

Wednesday, August 7th, 2013

The IRS files 1 million tax liens every year. Is yours on its way?
Unless you’re a fan of bad TV, you’ve likely never heard of her.
She’s Lynne Curtin, a Capistrano Beach, California, woman who’s best known for having spent two seasons on the cast of the reality show Real Housewives of Orange County.
She’s not a huge celebrity. In fact, with so many people on reality TV shows these days, you
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Tax Evasion by Rapper Fat Joe Lands Him Prison Time

Friday, July 5th, 2013

Rapper Fat Joe was sentenced to four months in prison for failing to file tax returns on more than $3.3 million in income.
Fat Joe, whose real name is Joseph Cartagena, pleaded guilty to two counts of failing to file an income tax return.
“There was a lot going on in the years that I didn’t file my taxes, but it was my responsibility,” he said.
Fat Joe is best known for the
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IRS on Tax Collections: No One Too Big or Too Famous

Tuesday, July 2nd, 2013

Recent celebrity tax cases demonstrate just how aggressive IRS collections efforts are today.
It’s been hunting season for the Internal Revenue Service.
And tax-collecting agents have some big game in their sights.
Since the first of the year, there’s been story after story of famous, wealthy celebrities running into trouble with the Tax Man.
Most recently, the rapper known as Fat Joe — his real name is Joseph Cartagena — was sentenced to four
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Tax Resolution Services Co. – Weekly News Round Up

Friday, June 28th, 2013

This week was a busy one in tax related news. The stories ranged from celebrity tax woes, collection of billions in tax debt, tax fraud and a new IRS report that outlines improvements to the entire tax-exempt process. Here is a recap of those stories:
Fashion Moguls Dolce & Gabbana Convicted of Tax Evasion – According to a Reuters article, both Domenico Dolce and Stefano Gabbana were given a 20-month suspended
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$1.2 Million Owed in Back Taxes by Beyonce’s Dad

Monday, June 10th, 2013

When Mathew Knowles managed the career of his superstar singer of a daughter, Beyonce, he made millions.
So many millions, in fact, that Knowles owes the IRS $1.2 million in back taxes, according to celebrity news site TMZ.
The IRS filed a tax lien against Beyonce’s pops for $485,575.95 in 2010 and $728,004.89 in 2011.
Beyonce started her singing career with the group Destiny’s Child. Mathew Knowles managed the group, which became one
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Tax Relief News Round Up: Top IRS Tax Stories this Week

Friday, May 10th, 2013

This was a busy week in tax relief and IRS news. The stories that caught our attention ranged from how long to keep IRS tax records, to celebrity tax woes and finding tax debt solutions to the pro’s and cons of IRS prepared returns.
This week started with a helpful post titled: Tax Relief Tips for How Long to Keep IRS Records. A general rule of thumb guideline suggests that
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Back Taxes Owed by Terrell Owens Amounts to $430,000

Friday, April 5th, 2013

Terrell Owens, a six-time NFL Pro Bowl wide receiver, has caught an enormous tax bill from the Internal Revenue Service.
According to celebrity news website TMZ, Owens — popularly known by his initials, T.O. — owes $430,000 in unpaid taxes for the years 2007 and 2009.
During the years Owens racked up the IRS debt, he had lucrative contracts to play football for the Philadelphia Eagles, Dallas Cowboys and Buffalo Bills.
Since not
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Tax Charge for Rapper Fat Joe

Tuesday, January 8th, 2013

Rapper Fat Joe, whose real name is Joseph Cartagena, pleaded guilty to two counts of failing to file tax returns with the IRS, admitting that he didn’t file the returns despite having earned $3.7 million in income.
Cartagena, 42, of Miami Beach, Fla., failed to file a tax return for the years 2007 to 2010. During that time, he received income for his musical performances as well as royalties on the
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With Vigilant IRS, Take Care of Your IRS Tax Debt Now

Wednesday, December 19th, 2012

The year is ending, and this is the time for tax cheats and debtors to come clean.
Charlie Sheen spent some time recently with Lindsay Lohan.
The two actors, both controversial and sources of tabloid fodder, were on the set of Scary Movie 5.
According to news reports, Lohan told Sheen about her tax problem. She owes, according to previous reports, as much as a quarter of a million dollars in back taxes
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Tax Trouble Leads Joe Francis to File Lawsuit

Wednesday, November 7th, 2012

Joe Francis, an American entrepreneur and film producer best known for producing the Girls Gone Wild series, has filed a lawsuit against his accounting firm, alleging that the company involved him in bogus tax shelters.
After the Internal Revenue Service discovered Francis’ use of these tax shelters, it cost him more than $12 million, according to celebrity news website TMZ.
Francis’ lawsuit against BDO Seldman alleges that the company admitted to criminal
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Celebrity Tax Troubles Hint at IRS’s Watchful Eye

Wednesday, September 26th, 2012

The IRS has been busting celebrities. But you and your neighbors aren’t safe from the taxman either.
O.J. Simpson will be remembered for many things.
He was a football player.
He was a product spokesman and actor.
He was an accused murderer who was found not guilty in a criminal trial only to be found guilty later in a civil one.
He was an armed robber who went after sports memorabilia.
But there’s one more thing
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IRS Tax Problems for Pop Singer Prince

Wednesday, September 19th, 2012

A Business Week article titled “Prince Failed to Comply With IRS Summons Over Taxes, U.S. Says” shows just how far worldwide taxing authorities are willing to go to collect what they are due. According to the article, Prince Rogers Nelson known as recording artist Prince, is in need of some tax relief because he did not comply with an IRS summons sent on behalf of French tax authorities who are
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Back Taxes Owed by Singer R. Kelly Amount to $4.8 Million

Tuesday, July 10th, 2012

Singer R. Kelly owes the Internal Revenue Service a whopping $4.8 million in back taxes for income from the years 2005 to 2010.
“R. Kelly is in the process of working everything out with the government and is confident that all his obligations will be satisfied,” a representative for Kelly told the celebrity news website TMZ.
Referred to as the “King of R&B,” Kelly is among the world’s best-known rhythm and blues
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Reduce 2011 Taxes, Celebrity Tax Woes and other Featured Tax Headlines of the Week

Friday, December 30th, 2011

It has been an interesting week in tax news this final week of 2011. The last week of the year is always a big one in the tax relief industry since we have just days to take action to lower our 2011 tax bill. Here are  some of the top headlines that caught my attention this week:
IRS sues Yankees’ Hal Steinbrenner over tax refund
New York Yankees
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