A ‘National Treasure’ size tax lien

August 4, 2009

Actor Nicolas Cage is in tax trouble again.

Last year Cage settled one IRS debt. Now he's been slapped with a $6.26 million tax lien.

According to WebCPA (via the Detroit News), the IRS filed the lien in New Orleans against Cage's $3.55 million Big Easy mansion.

This is just the latest tax trouble for the star of the National Treasure movies. Last fall, Cage agreed to pay $666,000 plus interest after the IRS said that between 2002 and 2004, he and his company had improperly deducted $3.3 million in personal costs as business expenses,

WebCPA notes that Cage's next film project is “Bad Lieutenant: Port of Call New Orleans,” which also stars a couple of other Hollywood stars with their own tax troubles.

The film cast also includes Val Kilmer, who had a $538,858 tax lien filed against him in New Jersey in July, and Vondie Curtis-Hall, who, along with his production company, is facing more than  $350,000 in various tax liens filed by the IRS and California tax officials.

Related posts:

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
Added summer income means more tax considerations

June 16, 2026

Many young people take food service jobs during the summer. It’s a good way to…

Read More
Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • Turbotax Timmy? Dancing Helio? Let’s pick the 2009 Taxpayer of the Year!

    Now that 2009 has been over for several whole days, we can look back with the perspective of history to…

  • Journey,
    My guess is that they just don’t pay attention. They’re so used to having everything done for them they just take for granted that taxes will be taken care of, too. That makes it easy for disreputable financial advisers (and I’m not saying that’s the case with Nick Cage; just hypothetical here!) to take advantage of such clients. Or the advisers aren’t criinal, just criminally inept, which puts their oblivious clients in tax hot water. Maybe I’m naive, but I don’t think these folks go into taxes looking to cheat; they know they already get lots of attention so any questionable tax move will only get them the bad kind of PR.
    Kay

  • Kay,
    It seems there is an unusual proportion of stars who get in tax trouble. Any thoughts as to why?

Comments are closed.