Friday, December 7, 2012

Hollywood News: Actor Stephen Baldwin charged with failing to file NY income tax

The brother and famous Hollywood actor of Alec Baldwin, Stephen was charged with allegedly failing to file income tax in New York. Stephen Baldwin allegedly owes over $350,000 for 3 years, according to KTLA.com.  He has pleaded not guilty to the charge and has so far allegedly paid a sum of $100,000 and is due back in court on February 5 to possibly settle a further arrangement with the state.

As you know, there are a lot of celebrities in Hollywood and even in the music industry that always fall behind on their taxes.  This is nothing new and they are fortunate to be able to make a deal, but it does not occur all the time, it is only if the state agrees with the attorney of the defendant's request.   For instance, like in the case of Wesley Snipes, no deal was allowed to be made and he is yet serving time in prison, allegedly.

On the other hand, Stephen's brother, Alec Baldwin spoke with Piers Morgan on CNN and explained in so many words, many people do not mean to avoid paying taxes and these individuals fall into two categories, either those whom are rich and those whom lack wealth and we can agree on that opinionWe agree rich people have a lot of money and may spend often without even thinking to keep track of paying their taxes and those whom lack wealth often do not have a lot of finance to pay off their debt.  Therefore, of course, this is why a lot of people get in trouble with failing to pay taxes.

In the meantime, our prayers are with Stephen Baldwin and sincerely hope he gets this issue worked out, which we feel he most definitely will, since he already paid $100, 000 in good faith. 

Read more articles like this one @AToast2wealth.com 

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 Watch CNN Video

 

Actor Stephen Baldwin charged with failing to file NY income tax

By Brittany Brady, CNN

New York (CNN) -- Actor Stephen Baldwin was arrested Thursday on a charge of failing to file New York state personal income tax returns for three years, according to a statement released by the Rockland County district attorney's office.

According to the statement, Baldwin's alleged tax liability for failure to file in 2008, 2009 and 2010 is more than $350,000, including penalties and...Read full article, here.



Source, Photo and Video: www.CNN.com
Source, Photo and Video: ktla.com

 
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