Is any publicity really good publicity?
This year alone, celebrity tax woes has caught taxpayers’ eyes from coast to coast and even abroad. Earlier this month, our team’s national tax expert Brian Compton was quoted in HowStuffWorks on how celebrities get in IRS trouble and why average taxpayers need to beware.
According to the HowStuffWorks article, celebrities meet their tax problems in various ways: “the oblivious (Nic Cage: I’m just an entertainer!), the nefarious (Heidi Fleiss: What extra income?) and the couldn’t-prove-anything-else (Al Capone: Really? Tax evasion?).”
There’s no mystery to how celebrities get hunted by Uncle Sam–they get in trouble just the same as you and I do–be it failing to file a tax return or having unpaid back taxes. The important lesson to take away from this is that it is a huge mistake to think that the IRS only goes after the celebrity cases. Uncle Sam likes to make examples out of these “big celebrity tax woes” to teach regular taxpayers a lesson.
So your best bet is to heed them. Don’t think that just because you don’t have a six-figure income and a jet that you won’t be on the IRS radar. They have one of the biggest federal budgets in these recent years–just so that they can come after more taxpayers who owe them money.
Don’t let IRS problems weigh you down. Educate yourself on what you need to do in order to prevent the headache of dealing with one of the most aggressive collections agencies in the world.
More Tax Help, IRS News and Tax Relief Tips:
- Tax Help Tips, Common Filing Mistakes, and Tax Relief Scams Every Taxpayer Needs to Know
- Tax Help Options For Overseas Tax Evasion as UBS Pushes For Swiss-US Deal
- IRS Help and Income Tax Relief for Individuals and Businesses Unable to Meet Tax Obligations
- Top Tax Relief Blog Posts Including the Latest News on IRS Worker Classification, and Celebrity Tax Woes
- Offshore Tax Evasion Defense Expert Discusses Pros and Cons of Second IRS Offshore Voluntary Disclosure Initiative
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