Stay Black and Pay Taxes: Here Are the Celebs Who Have Faced & Tackled IRS Debt – Essence | Vette Leader

Have you ever heard the elders say? all i have to do is stay black, pay taxes and die?

Well, there’s a reason for that.

Every US citizen has to pay their fair share of taxes, even the rich, famous, and privileged. Despite having access to the finer things in life and often bypassing most of the inconveniences people face every day, the IRS doesn’t roll out the red carpet for celebrities. The elite — or those making more than $500,000 a year — are the most vulnerable to being scrutinized by the IRS.

In fact, wealthy taxpayers with annual incomes of $10 million or more have the highest audit rate of any group at more than 6%. “Statistically, people over $10 million still have the highest percentage,” Glenn DiBenedetto, director of tax planning at the New England Investment and Retirement Group, said in an interview with USA Today.

Although the rate at which the IRS initiates audit investigations has been declining due to labor shortages, it’s still safe to say that paying taxes for high earners should be a high priority. These celebrities can attest to that. Here’s a look at some of our favorite public figures who have had tax troubles but found a way out.

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