The IRS filed a tax lien against the "Hole" singer on July 11th, claiming Love still needs to pony up some tax cash from the years 2009 ($3,236.23) and 2011 ($263,624.78). Grand total = $266,861.01. It's not Courtney's first tax rodeo either … back in 2009 she was slapped with another lien (for unpaid taxes in 2007) … to the tune of $324,335.21. That lien has since been paid.
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Big 4 Tax Associates Prepared for Sept. 15th Eve All-Nighter with “5-hour Bombs”
- Caleb Newquist
- September 15, 2011
It’s come to this.
Our immediate concern was that the imbiber would be suffering from a disturbing reaction but he informed us that he has “just about” quit shaking. Good to know, good to know. If you have your own deadline cocktail that may or may not have caused an unexpected visit to the emergency room, we’d invite you to share it with the group at this time. Happy September 15th!
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Kentucky Taxpayers to Partially Fund the Experience of Being on a Gigantic Boat with Animals Crapping Everywhere
- Caleb Newquist
- June 1, 2011
Oh, dear.
Kentucky’s state tourism board approved up to $43 million in tax incentives for the construction of Ark Encounter, a creationist theme park.
The tax rebates, which could subsidize up to 25% of the $150 million project, were granted under the Kentucky Tourism Development Act. The state government’s website says that the act “allows eligible tourism attractions a rebate of sales tax up to 25% of project capitol [sic] costs over a 10 year period,” provided that projects have a positive economic impact.
Ark Encounter will include Noah’s Ark, the Tower of Babel, an ancient walled city, and other Biblical renditions. A Christian organization called “Genesis in America” heads the project that is scheduled to break ground in August and open in the spring of 2014.
Taxpayers To Build the Ark: Kentucky Grants Creationist Theme Park $43M in Tax Incentives [Time via Tax Foundation]
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More Tax Clients for Ludacris (or His CPA)
- Caleb Newquist
- March 31, 2010
As you’re no doubt aware, the IRS has taken exception with the notion that many of our favorite celebrities and athletes can do no wrong. As detestable as this thought might be, Doug Shulman and his merry band of tax collectors are not impressed with these pillars of the community turning a blind eye to their patriotic obligations.
Some of the latest examples of celebrity tax avoidance:
• Corey Feldman – Technically it’s Corey Feldman Inc. that owes the IRS $31k but same diff.
• Faith Evans – Widow of Notorious B.I.G. Grammy winner. Soon-to-be reality TV star. The combination of these things somehow doesn’t allow her to scrape together $360k.
• Mel Blount – Okay, we have to admit that we don’t know who the hell this guy is but the sports historians and the entire city of Pittsburgh are probably familiar. For everyone else – he’s a former Steelers’ cornerback that was elected to the Hall of Fame in 1989. He owes taxes for every year from 1994 to 2006 (with the exception of ’07) for grand total of $652k. Seriously, this is f—ing ridiculous. Even Nicolas Cage manages to file a tax return once a decade. There’s not one CPA in all of the ‘Burgh that can help this guy?
As the title indicates, our advice to these people is to get in touch with Luda “I pay more in taxes than most people would ever imagine” cris ASAP. Whether he’s mastered TurboTax or managed to find a solid CPA, it doesn’t matter because, as you might recall, “you will never hear about Ludacris owing the damn IRS no damn money.”
Source: Tax Watchdog