TAX TUNE UP 014: Celebrities Behaving Badly

When the editor of Us Weekly asserted that “stars are just like us,” she changed paparazzi. We know that stars really are just like us in one way; they don’t want to overpay on taxes, and they can get in trouble when they underpay.

Key Takeaways:

[:20] In 2002 the editor of Us Weekly changed the paparazzi game forever.

[:59] Celebrities experience more pain due to paying taxes than the average Joe.

[1:29] Audit rates are down to historic lows.

[1:52] Boxer Floyd Mayweather has gone rounds against the IRS.

[3:49] Rapper DMX has been arrested for tax fraud.

[4:21] We know that you don’t want to pay more taxes than you have to, but you’re not willing to risk an appearance in court or in the news to pay less. You don’t have to feel stuck between a rock and a hard place. Call Financial Gravity when you’re ready to make a plan.

Mentioned in This Episode:

Financial Gravity