Celebrity Tax Troubles: What You Can Learn from the Stars

Filed under: Taxes, Celebrities, Audits, Income Tax, Tax Laws

April 15 is just around the corner, and you've put off doing your taxes until now, you may want to read up on the latest tax changes and last-minute filing tips. That's key if you're keen on keeping out of the sights of the Internal Revenue Service. And if you don't, you just might wind up like too many celebrities who thought IRS laws didn't apply to them.

A review of famous names who've made the news in recent years for owing the IRS turns up a few patterns. Tax scofflaw celebrities aren't usually the sort of figures known as "A-Listers" -- and if they are, they tend to be somewhere past their prime. Claims of financial mismanagement often figure into celebrities' financial misfortunes. There's often a significant amount of marital discord behind the fiscal issues as well.

A USA Today report headlined "Celebrities are often in debt to the tax man" was somewhat sympathetic to the plight of famous tax delinquents, explaining that "celebrities and entertainers -- unlike most taxpayers -- often have huge incomes that vary wildly from year to year -- an easy recipe for tax trouble.

Here's a roundup of some of the more infamous celebrity tax dodgers.

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