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8 Celebrities That Have Most Owed IRS

By    |   Friday, 29 May 2015 10:08 AM

In the midst of a busy, high-profile lifestyle constantly followed by the public eye, celebrities sometimes fall behind on filing their taxes too.

Regardless of their talents, even stars cannot act or sing their way out of paying their debts to the IRS.
Below is a list of celebrities whose tax blunders caused them to owe millions to the IRS:

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1. Joe Francis

“Girls Gone Wild” founder owed the IRS $29.4 million after making false business deductions on his 2002 and 2003 business tax returns, Forbes reported.

2. Nas
The rapper owed the IRS $6.46 million dollars in 2011 after the IRS added a $514,298 lien on top of his preexisting $3 million and $2.5 million liens. Rolling Stone reported that Nas was also behind in child support and apartment fees.

3. Nicolas Cage
TMZ reported in 2012 that the actor and producer finally paid the government the $6,257,005 he owed from his federal income taxes for 2007. He blamed his business manager for the total $13 million he owed in 2002-2004.

4. Wesley Snipes

Forbes reported that actor Wesley Snipes neglected to file his tax returns from 1999-2004. Snipes earned $38 million in that time span but filed for an incorrect $12 million in refunds. The IRS demanded $17 million in back taxes and penalties (and interest).

5. Marc Anthony
The Latino actor, singer, and producer married to Jenifer Lopez paid the IRS $2.5 million on taxes and penalties in 2007 after neglecting to file his tax returns for 5 consecutive years according to the Washington Post.

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6. Ozzy Osbourne
In 2011 the singer and songwriter paid off his $1.7 million debt. Billboard reported in 2011 that Sharon Osbourne, who manages her husband’s career, said “you have to be on top of your own business affairs. My fault...lesson learned.”

7. Pamela Anderson
Former “Baywatch” and Playboy star, Anderson was added to California’s list of 250 residents with the biggest tax debts in 2010 reported ABC News. After failing to pay her personal income taxes, she owed $493,144.

8. Burt Reynolds
Actor and Oscar nominee finally paid back his $225,000 taxes in 2010. He had owed the IRS since 1996 and is #247 on California’s biggest tax scofflaws says ABC News.

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In the midst of a busy, high-profile lifestyle constantly followed by the public eye, celebrities sometimes fall behind on filing their taxes too.
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2015-08-29
Friday, 29 May 2015 10:08 AM
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