The funny thing is he recently sold a castle in Germany. LOL... Yup, the dude had two castles. Seriously, how does Nicolas Cage do it? A few months ago, reportedly he had to offload his Bavarian castle due to the "difficult economic situation." Yep, hard times when you earn around $20m a movie. Despite getting into the English country life (and even looking at local schools for his son), the actor is said to have had a tax lien placed on him by L.A. authorities and is having to offload much of his property portfolio including his last castle. Cage owns a 40 acre island in the Bahamas, and homes in Rhode Island, Lousiana, Nevada, and California.
Nicolas Cage is suing his former business manager for $20 million for "Financial Ruin." Cage claims that bad advice and mismanagement given by Samuel J. Levin and his firm led him toward financial ruin. I wonder who's idea was it to build a English castle, for some reason I think that bit of bad advice didn't come from the business manager but rather from Cage himself. Levin has been a licensed certified public accountant in California for nearly 25 years. The lawsuit seems to alleged that Cage had no idea that he was overextended and that it is all his accountant's fault. Here are a few shots of Cage, 45 year-old, pictured with his most recent and current young (come fuck me slowly hottie Korean) wife, Alice Kim on the red carpet. Then a few shot of what was his castle in England. Click on pictures to enlarge.
Grammy-winning rapper Method Man has been arrested in New York City on felony charges for failing to pay his taxes. The 38-year-old failed to pay nearly $33,000 in taxes through 2004 and 2007.
The state of California filed a $72,003 tax lien against supermodel
Gisele Bundchen on June 1 in the Los Angeles County Recorder of Deeds office, according to
The Detroit News.
The IRS has filed tax liens against the Golden Globe winner
Randy Quaidtotaling more than $1.16 million in recent years, according to
The Detroit News.
Grammy Award-winning R&B diva
Patti LaBelle owes more than $337,000 in federal taxes, according to
The Detroit News.
Actor Wesley Snipes failed to pay taxes on his $38 million income, court papers revealed. The New Jack City star was also charged with fraudulently claimed tax refunds of almost $12 million in 1996 and 1997. He was found not guilty of federal tax-fraud and conspiracy charges, but was convicted on three misdemeanor counts of failing to file a tax return and was sentenced to 3 years in prison. Snipes had faced up to 16 years in prison if convicted on all charges before beating the IRS on charges of evading taxes on $14 million.
We doubt "Full House's" funny Uncle Joey was laughing when he found about his back taxes. Comedian
Dave Coulier owes $48,856 in state and federal taxes, according to
The Detroit News.
Blake Lewis wowed season six "American Idol" viewers when he broke out his human beatbox skills. Now the unique musician reportedly owes $124,798 in federal taxes, according to
The Detroit News.
Robert Patrick, known for his tough-guy roles in "Cop Land," "Walk the Line," and "Terminator 2" owes more than $176,000 to the IRS and state of California, according to
The Detroit News.
Actress
Teri Polo who starred alongside Robert De Niro and Ben Stiller in "Meet the Parents," owes $433,736 in delinquent state and federal taxes, according to
The Detroit News.
Juilliard-trained actor
Val Kilmer, owes $538,858 in federal taxes, according to
The Detroit News. Apparently they didn't teach the repercussions of tardy bill payment at the prestigious performing arts school.
Chris Tucker, the "Rush Hour" star was slapped with a $3.6 million tax lien in June, by the state of California , according to
The Detroit News.
The state of New York claims Kiss' original lead guitarist
Ace Frehley owes $20,580 in delinquent state taxes. According to
The Detroit News his rep had no comment.
Lea Thompson, who played Marty McFly's mom Lorraine in the "Back to the Future" has been faces a $8,691 lien by the state of California, according to
The Detroit News.
Oscar-winning actor
Forest Whitaker owes $1.27 million in state and federal taxes, according to
The Detroit News.
Detroit native and comedian
David Alan Grier, owes $49,931 in delinquent state taxes, according to
The Detroit News.
Actress
Robin Givens owes $237,672 in state and federal taxes, according to
The Detroit News.
According to
The Detroit News actor and Michigan native
Verne Troyer better known as Mini-Me owes $283,363.
Sherilyn Fenn, Detroit native and actress best known for her role as Audrey Horne on "Twin Peaks," owes $176,593 in state and federal taxes since 2006, according to
The Detroit News.
"The Facts of Life" star
Lisa Whelchel is mired in a messy tax dispute. According to the state of Pennsylvania, Whelchel owes $668,501 in delinquent taxes tied to a controversial real-estate deal, according to
The Detroit News.
R&B singer
Brian McKnight, who competed on "Celebrity Apprentice" this year, owes more than $257,000 in federal taxes,
The Detroit News.
MC Hammer has had his fair share of money troubles since "Can't Touch This" rocketed the singer to superstardom...and they don't seem to be ending any time soon.
The Detroit News reports state of California and IRS have filed liens against him this year totaling more than $671,000.
Julio Cesar Chavez, considered by many one of the pound-for-pound greatest boxers and the best Mexican fighter ever, owes more than
$12.7 million in federal income taxes, according to
The Detroit News.
Few actors have as rich a pedigree as
Miguel Ferrer, son of the late singer/actress Rosemary Clooney and cousin of George Clooney. Ferrer, who starred in the Detroit-based flick "RoboCop" and the short film "Robocop: Villains of Old Detroit," owes
$289,800 in delinquent state and federal taxes,
The Detroit News.
"Stone Cold"
Steve Austin, the retired World Wrestling Entertainment star turned action-flick actor, owes more than $22,000 in California state taxes, according to
The Detroit News.
Ruben Studdard, the second season "American Idol" winner, owes
$254,119in state and federal taxes, according to
The Detroit News.