Taxes

Rap veteran MC Hammer is asking a federal court judge to dismiss a lawsuit from government officials accusing him of failing to pay his taxes, insisting he has already settled the debt. http://www.blackamericaweb.com/?q=articles/entertainment/gossip/35723

Is it possible that Cain’s plan to restructure the tax code came from the video game SimCity?   A producer at the company said he was excited that politicians may be looking to video games for ideas. It makes one wonder how excited the voters might be over this idea.  Read More: Source: http://www.HuffingtonPost.com

What do your 2010 online holiday shopping purchases have to do with the budget gaps many states are struggling to fill right now? In the eyes of some state and federal legislators, the sales tax that is not being collected by many online merchants is revenue that could help stem the bleeding of state treasuries. […]

The new law contains a bevy of tax breaks — new and extended — and emergency help for the jobless. Its cost over 10 years is estimated at $858 billion.   Here’s a rundown of some of the biggest ticket items that will affect individuals. (Except where noted, all provisions are for 2011 and 2012). […]

An attorney for Wesley Snipes urged a federal judge Monday to conduct an inquiry of jurors who convicted the movie star of tax crimes, alleging that some of them believed he was guilty before his trial began.  Read More:

VIA Eurweb.com: Oprah Winfrey is making sure that the 300 audience members involved in her upcoming Australia trip won’t get saddled with the gift taxes that blindsided recipients of her big car giveaway in 2004. TMZ spoke with Larry Edema from Michigan – one of the audience members on the Australia show – who said […]

TMZ is reporting that actor Chris Tucker owes more that $11 million in federal back taxes. Here’s how it all breaks down: 2001 — $4,007,794.34 2002 — $5,060,074.23 2004 — $55,544.84 2005 — $660,414.94 2006 — $1,788,080.91 Total –$11,571,909.26 TMZ reported earlier that Tucker owed more that $3 million to the state of California for […]

Attorneys for Wesley Snipes want to question jurors who convicted the actor of tax-related charges to determine whether any had made up their minds about his guilt before trial. The motion filed Friday in Florida federal court says that an unnamed juror sent Snipes’ attorney Daniel Meachum an e-mail claiming that three other jurors had […]

Via NEWSONE.com: Prince looks like a pauper in a list of delinquent taxpayers in Minnesota. Carver County tax records show the musician’s PRN Music Corp. owes more than $227,000 for 2009 taxes to the state and other government bodies. The county is southwest of Minneapolis. PRN Music houses Prince’s Paisley Park Studios in Chanhassen. County […]