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Entries in Taxes (13)

Tuesday
Mar122013

Stephen Baldwin Avoids Prison Time, Agrees to Pay Back Taxes

Jason LaVeris/FilmMagic(NEW YORK) -- Actor Stephen Baldwin has agreed to plead guilty to a felony tax charge and pay New York state approximately $350,000 in unpaid taxes, his lawyer tells the New York Daily News.

Attorney Russell Yankwit says Baldwin is “happy that he’s not going to jail,” and has five years to pay back the money.  Yankwit says if Baldwin pays back the debt within one year, the case will be discharged.

Yankwit says Baldwin hopes to pay back the money as quickly as possible, but sought a five-year payback plan because his religious beliefs as an evangelical Christian prohibit him from taking certain acting roles.

The attorney tells the News, “Steve is a faith-based actor.  It’s harder to get jobs these days.  He can’t do his movies anymore.  They have too much violence and drugs in them.”

Baldwin is best known for his role in the 1995 film The Usual Suspects.

Stephen, the youngest of the four acting Baldwin brothers, had faced up to four years in prison.  Baldwin is scheduled to formally plead guilty in the case on March 29.

Baldwin can currently be seen on NBC’s All-Star Celebrity Apprentice.

Copyright 2013 ABC News Radio

Monday
Feb252013

Report: Lindsay Lohan in Tax Trouble Again

ABC News(LOS ANGELES) -- After being on record as blowing off federal tax tabs for 2009 and 2010, TMZ reports Lindsay Lohan now has problems getting her financial house in order with the State of California.

The gossip website, citing state records, reports Lohan owes the Golden State more than $56,000 in unpaid income tax for the year 2011.

According to TMZ, Lohan owed more than $93,000 to the IRS for taxes in 2009 and more than $140,000 for the tax year 2010.  The website reports Lohan was able to clear the 2009 tax debt, thanks to a $100,000 gift from Charlie Sheen.

The 2010 federal debt is reportedly still outstanding, and after it took Sheen going public about Lohan's less-than-grateful response to his previous gift, it's doubtful he'd be inclined to pony up this time.

Copyright 2013 ABC News Radio

Wednesday
Dec262012

Lindsay Lohan Using Charlie Sheen Money to Pay Off Taxes

ABC News(LOS ANGELES) -- Lindsay Lohan's reported debt has shrunk somewhat.  TMZ.com reports the actress has forked over the more than $93,000 in taxes she owed the IRS for the year 2009 -- thanks to the $100,000 donation made to her by her Scary Movie 5 co-star, Charlie Sheen.

She used the remaining sum of that donation to lower the amount she owes for 2010.  She now owes $133,000 for that year.

Copyright 2012 ABC News Radio

Friday
Dec072012

Stephen Baldwin Charged with Skipping Taxes

Jason LaVeris/FilmMagic(NEW YORK) -- Stephen Baldwin was arrested and charged Thursday with failing to pay three years' worth of New York state income tax, according to the New York Daily News.

A district attorney in Rockland County says Baldwin didn't pay taxes from 2008 to 2010 and now owes more than $350,000, including penalties.

The 46-year-old actor reportedly has pleaded not guilty, and is due back in court on Feb. 5.  He could face up to four years in prison if convicted.

Baldwin, who lives in Upper Grandview, N.Y., pleaded guilty in New York City this past October to driving without a license.  He will appear on The Celebrity Apprentice's all-star season next spring.

Copyright 2012 ABC News Radio

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

Monday
Nov262012

Charlie Sheen Gives Lindsay Lohan $100,000

Stefania D'Alessandro/Getty Images for amfAR(LOS ANGELES) -- Charlie Sheen gave Lindsay Lohan an early Christmas present in the form of a $100,000 check to cover the actress' huge tax bill, according to TMZ.com.

Sources tell the site that Sheen and Lohan became friendly during the shooting of Scary Movie 5 in September, and Lohan had spoken to him about her ongoing tax problems.  Sheen reportedly offered to cut her a check on the spot to help her out, but she refused.

However, last week sources close to Lohan told TMZ that the actress received a check from Sheen, and she was amazed by his generosity.

Lohan allegedly owed the IRS $233,904 in unpaid taxes for 2009 and 2010, but thanks to Sheen, that figure is now just about half of what it was.

Copyright 2012 ABC News Radio

Friday
Oct122012

Steven Seagal, Dionne Warwick on Tax Scofflaw List

MARK RALSTON/GETTY IMAGES(LOS ANGELES) -- Action movie star Steven Seagal and singer Dionne Warwick have one thing in common, according to the state of California’s Franchise Tax Board.

The agency says pair both owe back taxes.  According to the Franchise Tax Board website, Warwick has been delinquent since January 2003 and owes California $2,598,968.65.

The Franchise Tax Board says Seagal has been on its delinquent list since April of this year and owes the state of California $347,849.67.

Seagal and Warwick have not commented on the matter.

Copyright 2012 ABC News Radio

Thursday
Jun142012

R. Kelly Owes HOW MUCH in Taxes?

Randee St. Nicholas(NEW YORK) -- R. Kelly owes the IRS $4.8 million after skipping out on his tax bill for five years.

According to TMZ, the “I Believe I Can Fly” singer didn’t pay his taxes between 2005 and 2010.  He owes $1,472,366.77 for 2005 alone.

But the 45-year-old R&B star didn’t seem worried about paying it off. His rep told the gossip site, “R. Kelly is in the process of working everything out with the government and is confident that all his obligations will be satisfied.”

Kelly’s rep didn’t offer an explanation for why the singer stopped paying his taxes.

Kelly will headline the Reggae Sumfest next month in Montego Bay, Jamaica.

Copyright 2012 ABC News Radio

Sunday
Jun102012

Lauryn Hill Says She Didn't Pay Taxes Because She Went 'Underground'

David Wolff - Patrick/Redferns via Getty Images(NEW YORK) -- Former Fugees singer Lauryn Hill says she didn't cheat on her taxes; she went "underground."

A day after federal prosecutors in New Jersey charged Hill, 37, with three counts of "knowingly and willfully fail(ing) to make an income tax return to the IRS," according to court documents, Hill took to Tumblr to share her side of the story.

Hill said she withdrew to heal and grow away from the forces that had oppressed and manipulated her in the past. She didn't name any names.

"It was critically important that I find a suitable pathway within which to exist, without being distorted or economically strong-armed," she wrote. "Failure to create a non-toxic, non-exploitative environment was not an option."

Hill won five Grammys when she launched her solo career with the album "The Miseducation of Lauryn Hill" in 1998, but she dropped out of sight in the early 2000s.

The singer pointed out that she paid her taxes before going underground.

"This only stopped when it was necessary to withdraw from society, in order to guarantee the safety and well-being of myself and my family," she wrote.

Hill made more than $1.8 million from 2005 through 2007, the years she allegedly failed to pay taxes, according to federal court documents.

Hill said she conveyed the contents of her post when authorities questioned her about her taxes.

"Obviously, the danger I faced was not accepted as reasonable grounds for deferring my tax payments, as authorities, who despite being told all of this, still chose to pursue action against me, as opposed to finding an alternative solution," she wrote, adding that she always intended to rectify the situation.

She could face up to a year in prison or $100,000 fine for each of three counts, according to a press release from the Department of Justice. She is scheduled to appear before a judge on June 29.

Copyright 2012 ABC News Radio

Thursday
Jun072012

Lauryn Hill Charged with Failing to File Three Years Worth of Taxes

David Wolff - Patrick/Redferns via Getty Images(NEWARK, N.J.) -- Lauryn Hill has been called the greatest female rapper.  Federal prosecutors in New Jersey call her a tax cheat. 

“Singer and actress Lauryn N. Hill was charged today with willfully failing to file three years of income tax returns with the IRS,” U.S. Attorney Paul Fishman said Thursday.

Hill owns and operates four corporations but royalties from her music and movies provide most of her income, which court records say totaled $1.6 million from 2005-2007, the years in which she’s accused of failing to file her tax returns. 

The South Orange, N.J., native is expected in court on June 29.  If she’s found guilty she faces up to three years in prison and a $300,000 fine.

Hill was a member of the hip hop group the Fugees where she sang lead on “Killing Me Softly with His Song.”  Her solo album, The Miseducation of Lauryn Hill, went to number one on the Billboard 200 and produced several hit singles.

Copyright 2012 ABC News Radio







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