Tax Problems of the Stars | 1 of 12
Nicolas Cage, September 4, 2009
Think you can do better? Respond with your own gallery now!Tax Problems of the Stars
Nicolas Cage
News broke recently that Nicolas Cage is suing his business manager, Samuel J. Levin, for incompetence that caused him huge tax liabilities and "catastrophic financial losses." Contributing to Cage's financial woes, the IRS has filed more than $6.3 million in liens against Cage for back taxes owed from 2002, 2004, and 2007. He is reportedly selling some properties to pay off the debt and going after Levin in retaliation.
But the "National Treasure" star isn't the first celebrity to owe big money to Uncle Sam. A few have even spent time behind bars for failing to pay taxes. Hopefully, Nic will avoid that fate and start building up his nest egg with the earnings from the four films he'll be starring in next year. In the meantime, maybe he can get a few tips from these celebrity tax evaders.
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What People Are Saying about Galleries
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On Bitter Celebrity Custody Battles...ddfstop said "Children always suffer when their adults start acting like "children!" Tax Evation?? That woman is a fine role model for her daughter ... not! She should never be allowed to have any custody of their daughter because the daughter will only get bounced back to Jesse and Sandra the next time she decides to mess with the IRS. Even a genius will testify that that is not very smart ... forget being a genious. It ain't nice ta mess wit da IRS!!'Nuff said!"
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On Celebrity Playboy Covers ...bhig bhil said "I was watching Young Frankenstien, when we thought about Terri Garr and then Bernadette Peters, as comedieenes. Then I wondered what happened to Bernadette? Well, I have found out that she is well and is still a hottie at 61. My God The Woman Looks Good! Her and Andie MacDowell have that Hair, that beautiful frizzy wonderful Hair! Go Girl"
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On "Celebrity Apprentice" Applicants' Job Qualifications...judykk334 said " I found a great dating site________ W e a l t h y O n l y. c o m ________. The best dating club for seeking the rich singles, sexy beauties. What's the most important is that you don't have to be a millionaire, but you can meet one. BTW, Charlie Sheen found his true love on that site in 2007."
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Comments
judykk334
November 16, 2009 - 05:57 AM GMT
I found a great dating site________ W e a l t h y O n l y. c o m ________. The best dating club for seeking the rich singles, sexy beauties. What's the most important is that you don't have to be a millionaire, but you can meet one. BTW, Charlie Sheen found his true love on that site in 2007.
Joycer
November 14, 2009 - 09:21 AM GMT
I hardly doubt Nicholas Cage is "broke". He owes money to the IRS and now he has to sell SOME assets to clear it up, this all due to paying someone to do a job that didn't get done. That is frustrating. Try teaching and have an IRS problem because the person you paid to handle the filing wrong and the IRS comes after you. Then I tell you what broke is!!! Good Luck to you Mr. Cage! Just be glad you are not living on an educators salary. You wouldn't have anything to sell to clear up the debt. THATS BROKE!
Logan#1
November 13, 2009 - 09:56 PM GMT
I always loved Nicolas Cage and always will. I'm glad he's going after that wee--sel business manager of his and hope he slams his forhead threw the concrete books of the court of law, to get justice. From SH. PS. He's got talent, and making money, so don't hate on the man.
OWENBWILLIAMS
November 13, 2009 - 08:53 PM GMT
My family loves to watch Nicolas Cage.
He is a great actor.
your friend forever,
Teresa
Nod Yeroks
November 13, 2009 - 08:28 PM GMT
Crappy actor, the ultimate definition of emoting! Conair defines his crappy acting, listen for the Alabama accent and then no accent. Big dope!!!!!!!
truthful
November 13, 2009 - 08:05 PM GMT
Isn't that too bad......Most of us wish we had a portion of that money...and we wouldn't lose it....