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Now You Gotta Go to Mo’s for a Little Help with a Tax Problem

Posted on July 13, 2011 by Caleb Newquist

And by “you,” I mean “Christian Lopez” (aka the guy who caught Jeter’s 3,000th hit and gave the ball back because sometimes money isn’t everything, you jerks).

[Roger Clark via Elie Mystal, Earlier]

Posted in TaxTagged Christian Lopez, Derek Jeter, Modell's, solids, Taxes

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Previous: Accounting News Roundup: News Corp’s Tax Rate; A Tepid Defense of Auditors; LIFO on the Chopping Block? | 07.13.11
Next: (UPDATE 2) News Corp. Appears to Be a Big Fan of Offshore Tax Havens

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Foxy Brown and Toni Braxton Hate Paying Taxes: Just Like the Rest of Us!

  • Caleb Newquist
  • July 21, 2009

foxybrown.jpgtoni-braxton-b.jpgBeing a celebrity is tough. You see all that money roll in and then when you find out you have to pay almost 50% in taxes on it, that might just piss you off a little. It pisses off some celebrities enough that they just decide they’re not paying Uncle Sam jack. Then there are those that just forget to pay (*cough* Willie Nelson *cough*).

The two newest members of the tardy tax payers are hip-hop artist Foxy Brown and R&B singer Toni Braxton. Brown owes the IRS $641,558 in back taxes for the years 2003 to 2006. Braxton owes just over $71k to the IRS but she’s got some history of financial trubs: she filed for bankruptcy in 1998 with over $1 mil in debts so she’s probably familiar with the collection-type protocols.

Our advice to the two ladies would be take the Lehman Brothers approach on this and get some of that Foxy Brown and Toni Braxton schwag on eBay.

Foxy Brown’s prison jumpsuit from Riker’s? Toni Braxton’s Grammy trophies (or maybe just the underwear-is-optional dress)? We want to hear what kind of mementos you readers would be willing to plunk down your hard earned cash for to help these ladies out.

Foxy Brown, Toni Braxton In Tax Trouble [AllHipHop.com via TaxProf Blog]

  • Tax

Tax Cheater Profile: That Young Single Guy Who Lies About the Fly in His Soup

  • Caleb Newquist
  • March 29, 2011

Sound like anyone you know?

While only 15% of Americans surveyed fessed up to fudging their tax returns, 64% of those people were men, according to the survey of consumer attitudes and behavior. Thirty-five percent were single (47% when including people who have been divorced or widowed), and 55% were under the age of 45.

As if cheating on your taxes wasn’t deplorable enough, this person will most likely to pocket money that isn’t theirs, gets a friend to pose as a former boss and would cook up a finger-in-the-chili story:

While 73% of cheaters admitted to working a job under the table, only 20% of non-cheaters did. Self-proclaimed cheaters are also much more likely to keep the wrong change given to them by a cashier, to ask a friend to pretend to be a former boss for a reference check and to lie about their income to qualify for government aid.

Many of them also said they would wear an outfit once and return it, file false insurance claims, keep money they see someone drop on the floor, or lie about finding something inappropriate in their food just to get a free meal.

If you know a scumbag like this, at least you can report your suspicions safely now.

Tax cheats: Single, young and male [CNN via DB]

  • Art
  • Tax

Exposure Drafts: Your Tax Clients Have More Extensions Than Nicki Minaj

  • Greg Kyte
  • August 22, 2018

Exposure Drafts appears every other Wednesday. Send your accounting cartoon ideas and tax extension horror […]

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