Celebrity tax troubles, high-profile scandals, and what the ultra-wealthy get away with — or don’t — when it comes to taxes.
The fallout over Presidential hopeful Mitt Romney’s refusal to release his federal income tax returns has gotten ugly. Like Donald Trump/Rosie O’Donnell ugly. In case you’ve missed it, here’s what happened: Mitt Romney has balked at releasing his federal income tax returns for 2011 and some years prior. This has raised more than a few…
(Author’s note: Apparently, some folks are upset that I didn’t explicitly state that this original story appeared on a satirical site – though I clearly linked to it in the piece. The point of my piece was to point out that it couldn’t possibly be true – not to “debunk” a satire. It was meant…
It’s official: Rapper Beanie Sigel will be returning to jail. Today, a federal judge sentenced Sigel to two years behind bars for tax-related crimes. As reported in April, Sigel, whose real name is Dwight Grant, pleaded guilty in 2011 to failing to file federal income tax returns for 2003, 2004 and 2005. Last year, the…
Rihanna may be one of the most talked-about celebrities on the planet right now but even that doesn’t make her immune from bad business decisions. The singer, who came in fourth on Forbes’ list of the 100 most powerful celebrities (settling in just behind Jennifer Lopez, Oprah, and Justin Bieber and just ahead of Lady…
As expected, entertainer Lauryn Hill has pleaded guilty to charges of tax evasion. Ms. Hill did not speak after the recent hearing but her attorney indicated that she was prepared to pay the tax due on the nearly $2 million she failed to report in 2005, 2006, and 2007. As a result, her sentencing was…
Earlier in the week, I reported that entertainer Lauryn Hill was charged with failing to file tax returns for the years 2005, 2006 and 2007. I suggested that there was evidence in her background (specifically, statements made by her former Fugees bandmate and friend, Wyclef Jean) that might point towards mental illness or other related…
Lauryn Hill has been charged with failing to file three years’ worth of tax returns. The 37-year-old entertainer currently lives in South Orange, N.J. She first made waves as part of the group, the Fugees, which also boasted Wyclef Jean and rapper Pras Michel. The group’s second album, The Score, went multi-platinum, won a Grammy…
It’s got to be hard to be a Dodgers fan these days. All-Star center fielder Matt Kemp just came off the DL only to find himself injured again this week. Injuries continue to plague other players including Mark Ellis, Ted Lilly, and Juan Rivera. And the Dodgers have little money to buy their way out…
Sean Parker: You don’t even know what the thing is yet. How big it can get, how far it can go. This is no time to take your chips down. A million dollars isn’t cool, you know what’s cool? Eduardo Saverin: You? Sean Parker: A billion dollars. – The Social Network So what does that…
My 7-year-old is always looking for an angle. Recently, she asked for a cookie before bedtime. I said yes. She asked for another one. I said no, just one. “But,” she whined at me, “They’re vegan!” My husband seemed to think she had a point. What Amy was doing was trying to find a loophole….