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Entries in IRS (7)

Tuesday
Dec042012

Report: Lindsay Lohan Insists She's Not to Blame for Her Tax Issues

ABC News(LOS ANGELES) -- A source close to Lindsay Lohan says the actress is "freaking out" about her problems with the IRS, but insists she didn't know anything about it and it's not her fault, the New York Post reports.

TMZ reported Monday that Lohan is in huge trouble with Uncle Sam, and that her bank accounts have been seized by the IRS because she owes the government more than $230,000 in taxes.

The New York Post says the IRS slapped two liens on the Mean Girls star for $140,203 and $93,701 for unpaid taxes in 2009 and 2010, and she also owes unpaid taxes for 2011.

The source tells the Post, "Lindsay is freaking out.  And she's doing what she always does, which is to say it's not her fault and point the finger at someone else in her team.  She says she didn't know anything about it...she's broke and it's not her fault."

Another source tells the newspaper that people have been hired to take care of Lohan's IRS mess and "it will be resolved by the end of the year."  The source says the bank seizure was simply part of the "process."

Lohan is expected to earn about $2 million this year.  That includes a delayed $1 million payment for a Playboy photo shoot, plus a reported $200,000 for a cameo in Scary Movie 5 and a $300,000 paycheck she earned from the recent TV movie Liz and Dick.

Copyright 2012 ABC News Radio

Friday
Apr132012

Report: Lionel Richie Owes Money to the IRS

ABC/Rick Powell(LOS ANGELES) -- With a new hit record and a net worth said to be in the hundreds of millions, Lionel Richie probably won't be staying up all night long about an unpaid tax bill of just over a million bucks.

TMZ reports the IRS has filed a lien of $1.1 million -- $1,130,609.11 to be exact -- against the singer.

There's no word yet from Richie's reps.

Richie's country music collaboration Tuskegee recently reached number two on the Billboard 200 chart, his best debut since 1986.  It sold 199,000 copies in its first week of release.

Copyright 2012 ABC News Radio

Wednesday
Apr042012

Nicolas Cage Pays IRS $6 Million

David Livingston/Getty Images(LOS ANGELES) -- Nicolas Cage has paid off $6 million of his massive tax bill.

TMZ obtained a copy of the document showing the federal government released a lien against Cage after he paid the IRS $6,257,005 on Feb. 15. That was the balance of what he owed for the 2007 tax year. In late 2008, the federal government placed a tax lien on Cage's real-estate holdings.

"Everybody makes mistakes. It's part of being human," Cage said on ABC’s Good Morning America last year. "Some people say you have to be a sinner before you can be a saint."

Cage is only half way to solvency. The Ghost Rider actor has admitted to owing the IRS a total of $14 million and has said that he is taking steps to repay it, starting with switching business managers.

Copyright 2012 ABC News Radio

Wednesday
Jan112012

Report: IRS Claims Lindsay Lohan Owes $93,000 in Taxes

Mark Boster-Pool/Getty Images(LOS ANGELES) -- The taxman is coming after Lindsay Lohan.

TMZ.com reports the IRS has obtained a lien against Lohan, who's accused of owing about $93,700 in federal income tax for 2009.  The Mean Girls star has not responded to the website's request for comment.

And Lohan's problems don't end there.  TMZ is also reporting that a paparazzo is suing her over an alleged 2010 car accident.  The photographer, Grigor Balyan, claims he was taking pictures of Lohan when a car in which she was a passenger struck him, causing him orthopedic and neurological injuries.

Balyan, who says Lohan's assistant was driving the vehicle, seeks, "reasonable compensation."  According to his lawyer, the offer from Lohan's insurance company was "insignificant."

Copyright 2012 ABC News Radio

Monday
Dec052011

Christie Brinkley Owes More than $500K to the IRS?

Gilbert Carrasquillo/FilmMagic(NEW YORK) -- Christie Brinkley owes $531,000 in back taxes to the Internal Revenue Service, according to the New York Daily News.  The IRS filed a lien on Nov. 21 against one of the properties Billy Joel‘s ex-wife owns in Long Island, N.Y., according to documents obtained by the newspaper.

Brinkley, who is 57, is reportedly worth $80 million, mainly from real estate she owns in the Hamptons.  Brinkley’s rep, Claire Mercuri, told the New York Daily News, “Christie Brinkley was surprised to hear today that a tax lien had been filed, and has instructed her team to resolve the matter immediately.”

Brinkley made her Broadway debut this year as Roxie Hart in the musical Chicago.

Copyright 2011 ABC News Radio

Wednesday
Mar092011

Scorsese Hit with $2.85 Million Tax Bill

Venturelli/WireImage(NEW YORK) -- Legendary director Martin Scorsese was slammed with a nearly $3 million Valentine from the Internal Revenue Service a few weeks ago. The New York Post reports the IRS served Scorsese with a $2.85 million past-due notice on Feb. 14, stemming from unpaid taxes and related interest and penalties Uncle Sam says Scorsese owes.

This is the second celeb this week whose tax troubles have gone public, and sources say both Scorsese's tax troubles and those of Al Pacino both have to do with their former financial adviser Kenneth Starr. Last week, Starr was sentenced to 7.5 years in prison for his alleged involvement in a $33 million Ponzi scheme that involved some Scorsese and Pacino's money.

Scorsese's rep insists the director is square with the government, telling the Post, "The IRS prematurely filed this lien...As of this moment, the entire amount is full paid, and he has no current IRS debts."

Copyright 2011 ABC News Radio

Tuesday
Mar082011

IRS Files Tax Lien Against Al Pacino

Jason LaVeris/FilmMagic(WASHINGTON) -- Al Pacino owes the IRS approximately $188,000, according to TMZ.

The IRS just filed a tax lien against the actor for allegedly neglecting to pay about $169,000 in 2008 and a little more than $19,000 in 2009.

A spokesperson for Pacino told TMZ that the problem stems from the actor's former business manager, Ken Starr, an accountant who also allegedly squandered the money of stars like Uma Thurman and Martin Scorcese in a Ponzi scheme.  Starr was recently sentenced to seven-and-a-half years in prison.

Copyright 2011 ABC News Radio







ABC News Radio