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Accounting for the Stars

Hollywood accounting oftentimes means creative accounting, and movie studios are not infrequently on the receiving end of lawsuits over the meaning of terms like “gross participation.” Celebrities typically blame their accountants and money managers when their cash flow dries up.

IRS Whacks Robert De Niro with $6.4 Million Tax Lien

The Internal Revenue Service reportedly sent a tax lien for $6,410,449.20 to Academy Award-winning actor Robert De Niro for his 2013 taxes, but it has now been paid after the notice went to the wrong address. Read more »

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