Why Do Actors/Actresses Blame Their Mangers or Accountants for Owing The IRS?
Do successful actors/actresses really assign the job of paying their taxes to the manager and/or accountant? I ask this question because it seems almost all entertainers that fail to pay taxes and owe the IRS always blame their manager and/or accountant. Are managers and accountants really responsible for paying someone else's taxes?
Asked By: Floyd R - 10/10/2011
Best Answer - Chosen by Asker
Judy is right. Also some of the other answerers have alluded that a Manager or Accountant or Tax Preparer can be help liable for paying the tax. THAT IS JUST WRONG. A taxpayer cannot "assign" his responsibility for paying taxes to a third party. EVERY taxpayer is responsible for his/her OWN taxes... More
Answered By: MisterZero - 10/10/2011
Additional Answers (5)
Yes, in some cases they are. Some actors have so much money that they don't know how to handle it. (And, let's face it, some of them aren't that bright to begin with.) It's probably not a matter of not paying taxes at all, but not paying enough taxes or using questionable methods to shelter their money.
Answered By: Amaretta - 10/10/2011
generally busy people, like celebrities, assign their financial management to manager, accountant or financial advisor... More
Answered By: tro - 10/10/2011
Because part of the job of being a highly-paid manager for ultra-rich Hollywood actors is taking the blame.
Answered By: mrreliable3599 - 10/10/2011
The responsibility to pay the taxes may be assigned to the manager or accountant but the taxpayer is the final responsible person and as such needs to make sure his/her taxes are paid... More
Answered By: Jacqueline - 10/10/2011
Yes, their managers and accountants prepare their tax returns, and manage their money. But that doesn't excuse the individual for making sure it's done, and done properly.
Answered By: Judy - 10/10/2011
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