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Celebrity Tax Evaders

credit sesame Your name here BY: CELEBRITY www.creditsesame.com TAX EVADERS IVX ΕΛVDEK2 Will they never learn? Each year, celebrities try to outwit the IRS, and - more often than not - the IRS isn't outwitted. From Capone to Cage, celebrities have been the culprit of myriad tax evasion schemes, landing some in jail, and incurring hefty fines to others. Read on to learn about some of the most notorious income tax dodgers. Snipes, W. Cage, N. 1040 1040 Years of Evasion 1999-2004 Label Here Label Here : Years of Evasion 2002-2004 Your name here Your name here (See instructions on page 12.) Wesley Snipes (See instructions on page 12.) Nicholas Cage Use the IRS label. Otherwise, don't bother. Profession Use the IRS label. Otherwise, don't bother Profession Former Actor Bad Actor Presidential Election CampaignCheck here if you want $3 to go to this fund O yes Ono ahell no Presidential Election CampaignCheck here if you want $3 to go to this fund yes Ono O hell no Evasion Status Check one box O Oops, I didn't 3 O My accountant 5.I'm not really a did it citizen, so l'shouldn't have to pay! 10Oops, I didn't 3 My accountant 50 'm not really a did it know Evasion Status Check one box citizen, so I'shouldn't have to pay! know 20I's my money! 4 O I'm bankrupt 2 0 It's my money! 4 OI'm bankrupt Amount Owed 7a $17 MILLION Amount Owed 7a $6.6 MILLION + Penalty 7b Considering Snipes was born in Florida, his resident alien claim was hard to substantiate. As a result he was sentenced to three years in jail. He appealed and was released on bail. Too bad he still needs to fork over $17 million in taxes, plus interest and penalties. Penalty 7b Though Cage claimed that this was the fault of his former business manager, he was forced to payback the amount, plus penalties and the state of Nevada foreclosed his multimillion dollar home. Attach form W-2 to this form. Also attach form W-3, W-7, 1099, 1098, Form A Form B, Form Cc and Form Zed. Attach form W-2 to this form. Also attach form W-3, W-7, 1099, 1098. Form A. Form B, Form C and Form Zed. Warwick, D. Sinbad 1040 1040 Years of Evasion 1990 - Present Years of Evasion 1998-2006 Your name here Label Here Your name here Label Here (See instructions on page 12.) Use the IRS label. Otherwise, don't bother. Dionne Warwick (See instructions on page 12.) Sinbad Use the IRS label. Otherwise, don't bother. Profession Profession 70s Singer/ Psychic Friends Host Former Comedian Presidential Election Campaign Check here if you want $3 to go to this fund O yes no O hell no Presidential Election CampaignCheck here if you want $3 to go to this fund O yes Ono hell no 10Oops, I didn't 3 O My accountant 5 D I'm not really a know Evasion Status Check one box citizen, so I'shouldn't have to pay! 1 0 Oops, I didn't 3 O My accountant 5O I'm not really a citizen, so I'shouldn't have to pay! did it Evasion Status Check one box know did it 2 0 It's my money! 4 O I'm bankrupt 2 0 Il's my money! 4 'm bankrupt Amount Owed 7a $2.7 MILLION Amount Owed 7a .......... $2.5 MILLION Penalty 7b While Dionne has not been prosecuted, she has been named among the worst debtors in California by the California Franchise Tax Board. Śhe is in the process of paying back what she owes, plus penalties. Penalty 7b Attach form W-2 to this form. Also attach form W-3, W-7, 1099, 1098, Form A, Form B, Form C and Form Zed. Attach form W-2 to this form. Also attach form W-3 W-7, 1099, 1098, Form A, Form B, Form C and Form Zed. Times are tough for Sinbad. While he may have been all the rage in the 80s and 90s, he is no longer an A-list celebrity comedian. Unfortunately, the IRS may have trouble collecting taxes from Sinbad considering he declared bankruptcy in 2009. Anthony, M. Nelson, W. 1040 1040 Years of Evasion 2000-2004 Label Here Years of Evasion 1990 Your name here Label Here Your name here (See instructions on page 12.) Use the IRS label. Otherwise, don't bother. Marc Anthony (See instructions on page 12.) Use the IRS label. Otherwise, don't bother, Willie Nelson Profession Profession Jennifer Lopez's Husband High-ly Praised Country Singer Presidential Election CampaignCheck here if you want $3 to go to this fund O yes Ono hell no Presidential Election CampaignCheck here if you want $3 to go to this fund O yes Ono hell no Evasion Status Check one box 10 Oops, I didn't 3ZMY accountant 5 D 'm not really a did it citizen, so I shouldn't have to pay! 1 Oops, I didn't 3 O My accountant know 50'm not really a citizen, so l'shouldn't have to pay! know Evasion Status Check one box did it 2 0 It's my money! 4 O I'm bankrupt 2 It's my money! 4 DI'm bankrupt Amount Owed 7a $2.5 MILLION Amount Owed 7a $32 MILLION Penalty 7b While his financial team pleaded guilty to tax evasion, Marc Anthony reached a deal with the authorities and settled the $2.5 million debt that was owed. Penalty 7b Attach form W-2 to this form. Also attach form W-3, W-7, 1099. 1098, Form A, Form B, Form Cc and Form Zed. Attach form W-2 to this form. Also attach form W-3, W-7, 1099, 1098, Form A, Form B, Form C and Form Zed. The country singer settled for $16.7 million, which he attempted to fund by releasing a double album, entitled IRŠ Tapes: Who'll Buy My Memories? The IRŚ also sold some of his possessions in order to speed up the process. Capone, A. Stewart, M. 1040 1040 Years of Evasion 1925-1929 Label Here Label Here Years of Evasion 2002 Your name here Your name here (See instructions on page 12.) Use the IRS label. Al Capone (See instructions on page 12.) Use the IRS label. Otherwise, don't bother. Martha Stewart Profession Profession Otherwise, don't bother. Public Enemy No.1 Crafty Entrepreneur Presidential Election CampaignCheck here if you want $3 to go to this fund Øyes Ono O hell no Presidential Election Campaign Check here if you want $3 to go to this fund yes no hell no Evasion Status Check one box 10 Oops, I didn't know 3 O My accountant 50I'm not really a didit citizen, so I shouldn't have to pay! Evasion Status Oops, I didn't 3 O My accountant 5 O 'm not really a citizen, so l'shouldn't know did it 2 It's my money! 4 O I'm bankrupt Check one box have to pay! 20 I's my money! 4 O I'm bankrupt Amount Owed 7a $215,080.48 Amount Owed 7a $220,000 Penalty 7b After being indicted for tax evasion, Capone attempted to bribe the jury following the judges denial of Capone's plea bargain. He was found guilty, sentenced to 11 years in prison, and ordered to pay $50,000 in fines. Penalty 7b After failing to pay taxes on her East Hampton, New York home, Stewart was slapped with $220.000 worth of back taxes. Her excuse about not paying because she hadn't spent much time at the estate didn't fly. n form W-2 this form, Also attach form W-3, W-7, 1099, 1098, Form A. Form B, Form C and Form Zed. Attach form W-2 to this form. Also attach form W-3, W-7, 1099, 1098, Form A, Form B, Form C and Form Zed Sources: People.com, CNN, USA Today, Businesspundit.com, Chicagohs.org, walletpop.com, billshrink.com PRINT CLEARLY PRINT CLEARLY PRINT CLEARLYA PRINT CLEARLY PRINT CLEARLY PRINT CLEARLY PRINT CLEARLY PRINT CLEARLY LABEL HERE LABEL HERE

Celebrity Tax Evaders

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Ben Franklin’s famous saying, “Nothing is certain but death and taxes,” really does apply to celebrities, too. Will they never learn? From Capone to Cage, celebrities have tried numerous ways to...

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