Ahmed Nashaat strawman
Many high-profile celebrities have run into trouble with the Internal Revenue Service (IRS) and learned the hard way that every American, regardless of status, has to pay taxes. The IRS managed to find out, whether they deliberately falsified a tax return or made the mistake of hiring an inept tax person.
In 2008, the actor was convicted on three misdemeanor counts of failing to file his tax returns from 1999 to 2001. During this period, he reportedly kept $7 million in taxes from the federal government, the New York Daily News wrote. As a result, he was sentenced to three years in a Pennsylvania federal prison, starting to serve in December 2010. He was released to house arrest in April 2013.
The actor owed the feds $1.1 million for filing improper losses from 1993 to 1995, The Los Angeles Times reported. The paper also revealed that Travolta eventually ended up paying back $607,400 in 2000.
The celebrity owed both the federal government and the state of California, where more than $371,000 she owed in 2012 followed an earlier tax lien worth $1.7 million. Forbes reported, though, that her 2015 divorce yielded some good results: the tax code allows individuals to write off taxes in property divisions, a strategy Anderson was in a position to use.
Mike ‘The Situation’ Sorrentino
The reality star from “Jersey Shore” pleaded guilty just last January to one count of tax evasion, admitting that he concealed his income in 2011 by making cash deposits in amounts that won’t trigger federal reporting requirements.
The singer began a three-month prison sentence in 2013 after she failed to pay about $1 million in taxes over a decade, according to the Associated Press. Rolling Stone also reported that Hill pleaded guilty to the charges in June 2012 and admitted that she didn’t pay taxes on $1.8 million in earnings from 2005 to 2007. Her total tax debt, the publication added, ballooned to $2.3 million after unpaid taxes from 2008 to 2009.
Interestingly, the national treasure once owed the IRS $14 million after he bought a castle, a pyramid tombstone, and a bunch of reptiles, Insider noted. He made the admission in 2010 and paid off over $6 million of the amount at once in 2012.
It remains unclear what some of these celebrities and other renowned names in entertainment still owe the government, or if they have successfully bounced back from their tax woes. In a nutshell, however, there’s no escaping tax as a fact of life—Ahmed Nashaat can help you deal with it in a responsible manner.