If you are one of those die hard Apple owners, you may not want to watch this. A tax preparation company has created the advertisement below which compares paying too much in taxes to having your iPad shot with a shotgun.
Gizmodo: iPad Meets Bullet
The IRS has released the helpful video clip below which explains the extension of the deadline to close and what steps you need to take in order to obtain the credit.
If you want to learn about how the homebuyer tax credit closing extension passed, watched this informational video.
According to sources, Chef Gordon Ramsay’s firm owes over $2 Million in taxes. Reports have indicated that U.S. Authorities have issued the chef’s firm three outstanding tax bills in the last eight months. The last bill was for about $500,000.The news comes days after the celebrity chef was forced to shut down his restaurant in Cape Town last week.
Method Man plead guilty to tax evasion charges Monday. The Hip Hip artist was arrested on August 9 for failure to pay state and personal income taxes. According to reports, he wrote a $40,000 restitution check on the spot after owning approximately $106,000 in taxes.
The Associated Press, Method Man Pleads Guilty to NYC- Tax Evasion Charge
ABC News, Method Man Pleads Guilty to Tax Evasion
Fox News, Method Man Pleads Guilty to Tax Evasion Charge
New York Daily News, Wu-Tang rapper Method Man Pleads Guilty to Attempted Tax Evasion, Pays $106K in Restitution
Soon after the buzz surrounding the Snooki John McCain tweets began (see previous post John McCain to Snooki: I Would Never Tax Your Tanning Bed) the IRS announced (not via tweet) that it has issued regulations outlining the 10-percent tanning tax:
In general, providers of indoor tanning services will collect the tax at the time the purchaser pays for the tanning services. The provider then pays over these amounts to the government, quarterly, along with IRS Form 720, Quarterly Federal Excise Tax Return.
The tax does not apply to phototherapy services performed by a licensed medical professional on his or her premises. The regulations also provide an exception for certain physical fitness facilities that offer tanning as an incidental service to members without a separately identifiable fee.
Just before the next season of MTV’s The Jersey Shore premieres, one of the show’s cast member’s Snooki took some time to vent about the new federal health care law which imposes a tax on tanning beds. As reported by CNN’s Marquee Blog, Snooks, in the show’s 10 minute preview stated that,
“I don’t go tanning tanning anymore, because Obama put a 10 percent tax on tanning. I feel like he did that intentionally for us. McCain would never put a 10 percent tax on tanning. Because he’s pale and he would probably want to be tan.”
McCain responded via tweet “@Sn00ki u r right, I would never tax your tanning bed! Pres Obama’s tax/spend policy is quite The Situation but I do rec wearing sunscreen!”
Here is a previous post about the tanning tax Tax on Tans Coming Soon: Fist Pumps Will Remain Tax Free
According to Tax Watchdog, Chamillionaire (Hakeem Seriki) and his wife owe the federal government more than $184,000 in back taxes. The IRS filed the lien against him and his wife last year on November 23rd with the Montgomery County Clerk in Texas for 2007 income taxes. The release of these tax problems comes shortly after his Houston, Texas mansion was repossessed for failure to pay the mortgage.
Chamillionaire is known for his song Ridin’ which you can listen to below.
According to reports, Shannen Doherty, former Beverly Hills, 90210 star and contestant on this season’s Dancing with the Stars, owes the IRS and California about $250,000 in taxes. The IRS filed a $205,878 lien against Doherty on May 3 with the Los Angeles County Recorder of Deeds and the state of California filed a $44,064 lien against her March 24 in Los Angeles.
This isn’t the first time Doherty has had problems with money. On an episode of 90210, Doherty (playing Brenda Walsh) asked her brother David Walsh (Jason Priestly) for $50. Check out the clip.
Tax Watchdog, “Dancing’ Star Trips Over Tax Bills
For the 90210 Fan [or not] You Must Read: Going Concern, Dylan McKay Won’t Be Able to Save Brenda Walsh From Her Tax Problem
*FYI - The title references “Beverly Hillbillies” because a “billie” is slang for a bill.
LeVar Burton known for his role as Lt. Commander Geordi La Forge on Star Trek Generation: The Next Generation and my personal favorite Reading Rainbow owes about $34,000 in state taxes according to Tax Watchdog. The report states that state of California has filed a lien against him and his wife with the Los Angeles County Recorder of Deeds on March 25.
If you are interested in taking a trip down memory lane, play the music track below. Its the Reading Rainbow theme song!
The Tax Watchdog reports that Nicolas Cage owes the state of California over $3.8 Million. Last year, Cage was in trouble with the IRS to the tune of $14 Million. The state has filed a lien against Cage and his wife with the Los Angeles County Recorder of Deeds.
Going Concern – Nicolas Cage Must Not Have Heard About Fiscal Crisis in California
