Celebrity Tax Tuesday - Lindsay Lohan - Sometimes When You're Drunk, You Forget to Pay Your Taxes
Lindsay Lohan forgot to pay $233,904 in income taxes to the IRS for the years 2009 and 2010, which is why in 2012 the IRS filed a Federal Tax Lien against her assets and levied her bank accounts. Luckily, Lindsay has friends with high moral standards because Charlie Sheen apparently came to the rescue and gave Lindsay $100,000 to alleviate her 2009 tax burden...uh, WINNING! (It's not 2011 anymore, we know. We were just as embarrassed writing the Charlie Sheen WINNING joke as you currently are reading it) Just a few months later though, the State of California hit up Lohan with a tax bill for 2011 because she failed to pay the state $56.717.90.
Reports at the time had Lindsay claiming that the unpaid tax bills were not her fault. It was the responsibility of someone else on her team! Obviously. At Wolf Tax, we're giving Lohan a pass. We've all been there. You're telling me something important has never slipped your mind after a few cocktails? Well, Lohan has been drunk for the past five years (conservative guess)! Taxes were not her top priority. Instead, she focused on the important things in life like fighting girls in bars, driving under the influence, and reckless car crashes.
Ok, enough with the jokes. Lindsay clearly had some serious tax issues that she completely ignored. She was required to be given notice of her tax debt and the intent of the IRS to levy her bank accounts before they went through with it, so if Lindsay didn't know what was going on, whoever opens her mail definitely did. We haven't heard anything since early 2013 so we assume that Lindsay hired professional representation to resolve her tax issues. She should have hired someone to address the issues earlier though so that it never came down to a bank levy. Wolf Tax could have resolved your tax problems before they even started, Lindsay! Next time, call the tax experts.
Call the tax attorneys at 1-888-WOLF TAX (965-3829)