Tuesday, August 11, 2009
Will They Ever Learn
We all have heard of Wesley Snipes now we can add Nicholas Cage to the list of tax cheats he is rumored to owe 6.2 million. When the Average Joe fails to pay his taxes, there’s a chance no one will notice. But when the Average Joe wins a million bucks on a reality show—as Richard Hatch did on the first season of Survivor—it’s usually wise to take a trip to a CPA. After Hatch failed to pay any taxes on his $1 million prize, he was convicted and sentenced to 51 months in prison in 2006, until his release in May of this year.
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