Celebrity Tax-Dodgers Keep the IRS Busy
(Wall Street Journal) — Roll out the red carpet. The 2010 tax season will probably introduce a star-studded cast of tax evaders, many of whom are already on the IRS’s blacklist. These celeb tax dodgers help contribute (at least in a small way) to what the IRS estimates to be a $290 billion tax gap—the difference between what’s reported and what’s owed, according to latest data. Check out who among the elite of the silver screen, television screen and radio waves is hiding from Uncle Sam in the limelight…Nas: The IRS hopes the latest $6.46 million lien against the hip-hop star will put a wrap on his deadbeat filing habits. Beyond the bad blood he’s established with the IRS, the rapper is widely known for his years-long feud with rival hip-hop artist Jay-Z. Nas’s hefty bill adds three separate liens filed since 2009, the oldest of which is filed against a Georgia home. Even the rapper’s Queens condominium association has smacked the artist with a $3,860 lien for failing to pay his $420 monthly assessment since last January.