Posts tagged taxes
Beverly Hills has long been a choice and preferred spot for celebrities to settle in. There are simply too many magnificent celebrity mansions in the area to limit it to 5 but for purposes of this article, we will try. Owning a property in Beverly Hills appear to be a token necessity among celebrities. One can just imagine the corresponding insurance required for these properties. A quick look into http://homeownersinsurance.com can provide an idea of the present rates for property insurance.
These properties are certainly worth looking into:
1. Ryan Seacrest
Ellen De Generes and her wifeMore >
Is the media grossly misreporting the taxes paid by Republican presidential candidate Mitt Romney? According to one review of his 2011 return, very much so.
Mitt and Ann Romney‘s 2011 adjusted gross income (AGI) was about $18.6 million, with their total federal income tax coming to $1.9 million, or 14.1 percent.
This number is a bit misleading, however, when analyzing Mitt Romney tax returns.
It implies the Romneys kept 85.9 percent of what they earned, which isn’t the case.
First off, they clamed $4.6 million in itemized deductions, including $1.3 million in state and localMore >
Another day, another honor for Adele.
The Emmy-winning, chart-topping artist will sing the theme song for this November’s Skyfall, Movie Fanatic reports, taking her place in history as the latest musician to play a role in the James Bond franchise.
Adele – who will also reportedly write the track – joins the ranks of other icons to lend their vocal to 007, including Shirley Bassey, Nancy Sinatra, Carly Simon, Paul McCartney and Duran Duran.
Skyfall, meanwhile, will once again feature Daniel Craig in the lead role and come out on 11/9/12.
Snoop Dogg / Snoop Lion has offered an official endorsement of President Barack Obama, laying out his arguments in concise, not entirely illogical fashion.
At the Toronto International Film Festival, he made the case for giving Obama four more years in an expletive-filled, absurd, yet compelling manner.
“We need to give Obama four more years,” he said. “Bush f*%ked up for eight years, so you gotta at least give him eight years. He cleaned half the $h!t up in four years.”
Snoop continued his defense of our 44th President, metaphorically accusing Bush ofMore >
She can be seen every week on The Voice – three times per week on occasion! – but it’s been two years since Christina Aguilera released her last studio album, “Bionic.”
That will change on November 13, however, when the singer comes out with “Lotus.”
In anticipation of the CD, Aguilera debuted its first single today, dropping “Your Body” during an appearance with Ryan Seacrest on his radio program.
Take a listen to the seductive single (sample lyrics: Hey boy/So don’t even tell me your name/All I need to know is whose place/And let’s get walking) below, admire the sexy cover art for it andMore >
A Florida judge delayed his decision today on whether to let George Zimmerman out of jail on bond a second time. Meanwhile, both prosecutors and the man accused of murdering Trayvon Martin and laid out elements of their case at the bond hearing.
Judge Kenneth Lester revoked Zimmerman’s $150,000 bond earlier this month, believing the defendant and wife Shellie Zimmerman intentionally tried to mislead the court about their financial situation in April so he would be granted bond.
Zimmerman denies lying and wants the $150,000 reinstated.
The pair did notMore >
Singer Lauryn Hill just pleaded guilty to a federal crime, admitting she did not file several years’ worth of tax returns in the past decade, and failed to do so on purpose no less.
The 37-year-old faces up to three years in prison as a result. Hill failed to pay up in 2005, 2006, and 2007, when she earned more than $1.8 million.
When the judge asked if Hill “intentionally and willingly” failed to file the returns, she said simply, “Yes.” The Fugees frontwoman was released on $150,000 bail.
In addition to the three years behind bars, Hill could be hit with $75,000 in fines. Wonder if sheMore >
Nadya “Octomom” Suleman said she’s “ashamed” of going on welfare to take care of her 14 children, but she will still never stoop so low as to do porn.
“I still am working as hard as I possibly can to support them,’’ Suleman told Today’s Matt Lauer, adding that she made the welfare decision “reluctantly.”
Suleman said she was not just humbled, but afraid to take public assistance, as she’s received death threats for receiving the aid (up to $2,000 a month).
“I feel ashamed, but who cares how I feel? It’s 100 percent about my children,” she asked and answered,More >
Lindsay Lohan has more tax liens against her than she does probation violation charges. Okay, that’s a gross exaggeration … but she does have more than one.
Which is ridiculous in itself. That’s right, according to the L.A. County Recorder’s Office, Lindsay never paid federal income taxes for 2010: $140,203.30 worth.
This is a different case than the $93,701.57 she owes from 2009. Baffling.
As TMZ previously reported, LiLo never cut Uncle Sam a check for the $93,701.57 she was supposed to pay in federal income taxes for 2009 either.
Lohan blamed her accountants for the 2009 debacleMore >
Lindsay Lohan is in legal trouble because she forgot to pay her taxes, new reports say. In equally stunning news, Snoop Dogg was arrested for weed possession.
The actress says she THOUGHT she had accountants to take care of that for her and was stunned when the IRS hammered her with a big tax lien this week.
LiLo owes Uncle Sam $93,000 in federal income tax from 2009.
In her potential defense, Lindsay actually cleaned house recently and replaced most of her business team, firing those she felt weren’t doing a good job.
Sources say Lindsay believes the debt was most likely lost in theMore >
Richard Hatch, winner of Survivor and current contestant on Celebrity Apprentice, is going to jail for not paying taxes for the money he won on Survivor.
The reality star has served more than three years for tax evasion already. He has been under supervised release and was supposed to re-file his taxes.
Hatch, who apparently can’t outwit, outplay or outlast the Internal Revenue Service, failed to do so again and did not fork over taxes from 2000-01.
Richard needs to Hatch a plan to hire an accountant.
“It needs to be a severe punishment,” U.S. District Court Judge William Smith toldMore >
Naomi Campbell isn’t just good at throwing phones at assistants, she’s also good at not paying her taxes, according to The Detroit News Campbell owns the IRS $63,487 which has forced the IRS to file a tax lien against the supermodel.
The lien was filed on July 28th for non-payment of U.S. taxes. The lien was sent to the Carnegie Hall Tower Skyscraper in New York City which is owned by Campbell.
According to the filing, the money owed comes from unpaid 2009 taxes.
Here is the original post: Naomi Campbell Owes IRS More Than $63k
[HMG] – Famous New York investment adviser, Ken Starr, who managed the fortunes of Uma Thurman, Al Pacino, Martin Scorsese, Sylvester Stallone and many more was arrested this morning by IRS agents, and stands charged with running an illegal Ponzi scheme which stole more than $30-million from his A-list clientele.
The fraud was discovered after Uma Thurman hired Mr. Starr [no relation to the Clinton's legal counsel] to handle her taxes and financial affairs. But when Starr apparently ‘lost’ $1-million of her money. Uma confronted him in his office on April 26.
Starr paid her back, but otherMore >