Tax
Dec. 15, 2021
Yes, even celebrities have to pay taxes
It can sometimes seem like celebrities have it made, getting loads of free goodies and preferential treatment. Yet taxes are the great leveler, and no matter how famous you are, you still have to file a tax return.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
It can sometimes seem like celebrities have it made, getting loads of free goodies and preferential treatment. Yet taxes are the great leveler, and no matter how famous you are, you still have to file a tax return. Of course, you need to pay too, although most tax lawyers and accountants will tell you that it is far better to file your tax return and report accurately, even if you cannot pay. You can work out a deal later with the IRS (and/or the California Franchise ...
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