Have You Filed Your Taxes?

The deadline is fast approaching. We should all be filing our taxes before April 15. Have you filed your returns yet? I already did! I usually don't wait for the last minute because I know that even if I procrastinate doing it, I still have to do it.

I have learned to file our taxes on my own because ours is not complicated. It is very simple as there is only 1 w-2 in the family and a couple of 1099. It is not hard to do it yourself because there are plenty of resources and most of them offers free tax filing. I did mine online and it was not hard to do.

I know that some people who has complicated returns can't meet the deadline that is why it is important for them to file tax extension. Filing your tax returns is your personal obligation and it is required by law. So, remember to file your tax returns and don't let it slip your mind.

Nicholas Cage to pay $14M to IRS

I am a fan of Nicholas Cage. I love his "old" movies. But his recent movies are not very impressive to me. I have known that Nicholas Cage has troubles with his back taxes and he owed millions actually. Sometimes, I can't imagine why would people with lots of money owes money to IRS. They all know for sure that IRS will gonna get them.

Nicolas Cage is determined to get his financial house in order and to pay the IRS all that he owes in back taxes.

Anyway, in the recent settlement between the IRS and Nicholas Cage, Cage will pay IRS $14 million in owed back taxes. Cage said that in the course of his career, he's paid more than $70 million in taxes.

The government recently placed a tax lien on his real-estate holdings, including an additional $6.7 million from 2008. Cage said that he is under new business management and he also said that he is current for 2009 taxes, all taxes will be paid including any to be determined state taxes.

I hope that Cage will surpass this problem and I hope that they can all solve this tax problems.