After the loss of comedy icon Robin Williams, the entertainment community is still reeling in shock. One ray of light for Williams’ relations, however, is that his well thought-out estate plan seems likely to leave his heirs in good hands. Large sums of money, extreme attention from fans and the stress of living life in […]
Tax law requires that individuals file a return for income earned annually, and if a person doesn’t complete this process, he or she will owe back taxes. The Internal Revenue Service is not an organization that people want to dodge, which former Nickelodeon Star Drake Bell recently found out the hard way. Drake Bell – […]
Tina Turner rose to fame, in part, on the song Proud Mary, whose lyrics begin with: “Lookin’ for a job in the city.” Recently, the Washington Post announced that Tina Turner relinquished her U.S. citizenship. Another publication stated that, for income tax purposes, there is a distinction between renouncing and relinquishing a person’s U.S. citizenship […]
NASCAR driver Juan Pablo Montoya is currently facing a series of tax law violations in the U.S. Tax Court, for allegedly failing to pay nearly $3 million in federal back taxes owed to the Internal Revenue Service. The IRS recently filed a lawsuit against the driver for these back taxes, arguing that he did not disclose the […]
