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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: back taxes

back taxes stories: 5 news summaries

 Nicolas Cage 
 Selling Vegas 
 Mansion to 
 Cover Debt 

Actor owes IRS $6.6M, is suing former manager

(Newser) - Nicolas Cage must sell his $10 million Las Vegas mansion to help cover the $6.6 million he owes to the IRS in back taxes and penalties. The Nevada estate is just the latest property Cage has been forced to put up for sale to cover his mounting debt, and... More »

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Expect Huge Jump in Tax Delinquents: Analysts

Americans frightened, suspicious, evasive

(Newser) - Many more strapped Americans will skip out on tax bills this year, analysts tells Reuters, spending on everyday needs instead. “We’ve seen a huge rise in what we call the rookie delinquent taxpayer,” says one who expects a 280% jump. “They are incredibly scared, and they... More »

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GOSSIP ROUNDUP

 Jade's Funeral Date Set 

Plus, Rihanna house hunts, and more

(Newser) - The funeral for Jade Goody, the British reality star who died of cervical cancer, will be held April 4, the BBC reports. A funeral procession will go from her house to a nearby church. Elsewhere:
  • Rihanna was spotted house-hunting yesterday in the Hollywood Hills, the Sun reports.
  • Struggling-for-cash
... More »

13 Bailed-Out Banks Owe
Back Taxes

Lawmaker uncovers total of at least $220M  in unpaid bills

(Newser) - At least 13 of the firms that got billions of dollars from the federal government owe back taxes, and their tab exceeds $220 million, Rep. John Lewis said today. What's more, that could be just the tip of the iceberg, the AP reports. The House Ways and Means subcommittee, which... More »

(Newser) - Ron Kirk, President Obama’s nominee for US trade representative, has some tax problems of his own, Reuters reports today, with the Senate Finance Committee estimating a liability of about $10,000; Kirk has already moved to correct the errors. The majority stem from speaking funds he passed directly to... More »

5 Stories