Fans of Real Housewives of New Jersey looking to get closer to Teresa Giudice will be excited to know she has put up her Montville home for sale to the tune of $3.9 million. She and her husband Joe Giudice…
Wesley Snipes Jokes About His Time In Prison
Action star Wesley Snipes is back on the big screen in the new Expendables 3 film alongside Sylvester Stallone. Snipes spoke to reporters ahead of the film’s world premiere on Monday, and revealed that Stallone had penned him for the…
Lionel Messi: Is He Going To Jail?
This is one of those scandals that is yet another reminder as to why it’s never wise to put any sports athlete on a pedestal. Just ask fans of Lance Armstrong or Oscar Pistorius. Though Lionel Messi was not busted…
Beanie Baby Creator: Feds Demand New Sentence
Federal prosecutors are demanding a new sentence be handed to Beanie Baby creator Ty Warner, 69, after he was given probation for hiding at least $25 million from tax authorities in Swiss banks. In a 55-page appeal filed with the…
Singer Lauryn Hill Released from Federal Prison
Grammy award-winning singer Lauryn Hill has been released from federal prison. After serving a three-month sentence for tax evasion, Hill was released from the Federal Correctional Institution in Danbury, Connecticut. FCI Danbury is a low-security facility that only houses female…
Lauryn Hill Releases New Track “Consumerism”
Lauryn Hill of the 90’s hip hop group, The Fugees, is saying goodbye to jail today. The 38-year-old, Grammy-winning singer was locked up for three months due to tax evasion. To celebrate her release, Hill’s releasing something else-a hot new…
IRS v. Beanie Babies
Harold T. Warner, CEO and founder of Ty Inc., the company most famous for the creation of the extremely popular stuffed animal collection known as “Beanie Babies” has agreed to put in a guilty plea on felony charges of tax…
Beanie Baby Founder Has To Pay The Tax Man
No matter how much money you make, you can never keep it away from Mr. Tax Man. Just ask Wesley Snipes. Maybe billionaire Ty Warner thought if you moved your money to a different country, you didn’t have to let…
Dolce & Gabbana Sentencing: Taxes Too Expensive
A $193 tank top? A $795 belt? A $298 foulard? (For what it’s worth, “foulard” is hoity-toity for “scarf.”) All that money had to end up someplace. But as far as the Italian government is concerned, it didn’t go to…
Dolce, Gabbana: Jail Time To The Tune Of Billions?
Fashion icons Domenico Dolce and Stefano Gabbana face two years of jail time to the tune of $1.3 billion in taxes that weren’t declared. The luxury fashion house sold their brand to Gado SRL, a holding company established by the…
Lauryn Hill: Prison Sentence of 3 Months For Missed Taxes
Last year, Lauryn Hill was charged for not paying taxes on over $1.8 million dollars she earned between 2005 and 2007. Despite the singer’s attempts to come to an arrangement, she was sentenced yesterday for three charges of tax evasion.…
Lauryn Hill Charged with Tax Evasion
Lauryn Hill, one of the founding members of the Fugees, was charged on Thursday with not filing or paying her taxes. According to reports, the musician now owes quite a bit of money on the $1.8 million she earned between…
U.S. Citizenship Renounced by Wealthy Americans
Do you make an extraordinary amount of money? Are you tired of having your wealth slowly sucked dry by the American tax system? If so, there’s a simple solution to this problem: Renounce your citizenship. Move to another country, relinquish…
Apple Sets Up Shop in Tax Havens Worldwide
Apple Inc. is reportedly circumventing huge tax bills by setting up offices in tax havens all around the world, to help avoid California’s present corporate tax rate of 8.84%, amongst others. In Reno, Nevada, the corporate tax rate is 0%,…