Entertainment and Pop Culture

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We all love to gawk at celebrities in the news. The rest of the world may focus on sex tapes and wardrobe malfunctions, but here we like to discuss and cover the trials and tribulations of the rich and famous. Tax and finance information affecting celebrities and others from the entertainment world fascinate us, and result in some of the most interesting quirky behavior like musicians touring to pay off tax debts.

When people from the entertainment world get into financial trouble, it often makes the news, and seems incredulous from there higher income. However, because touring musicians and other celebrities who earn income in various states and countries have more complex filing requirements, it stands to reason that they need larger numbers of financial personnel in their orbit. The entertainment world often features colorful financial advisors, who create news and scandals of their own.

Willie Nelson’s story of the IRS seizing his assets made news in 1990, but other artists have found themselves in tax problems. Other entertainment figures that found themselves in IRS problems over the years include Wesley Snipes, Richard Hatch, O.J. Simpson, Sinbad, and Lauryn Hill. O.J. Simpson has had a series of legal problems, some criminal and some civil, which included his spending 9 years in person for robbery. Most entertainment scofflaws limit themselves to financial scandals.

See something money related in the news about someone famous? Saw something on Twitter or Instagram that you think that we should cover here? Tag us, DM us, forward the Post to Us, or mail us so we can cover it. Seriously, hit us up on social media and we’ll share it with everyone else.

How to Bootstrap Your Business

By |2022-08-10T19:54:51-04:00August 10th, 2022|Categories: #FinanceFriday|Tags: , , , , , , , |

On today's #FinanceFriday, we have the fabulous Diana Moss from Mini Melanie joining us. Diana is going to teach us all about bootstrapping a business.

NFT Land Deeds in Minecraft?

By |2022-12-16T12:15:11-05:00July 13th, 2022|Categories: #FinanceFriday|Tags: , , , , |

Hi, I am Bette Hochberger, CPA, CGMA, and on today's Finance Friday, we have the founder of The UpLift World Metaverse, Corey Cottrell, joining us to discuss how NFTs might be a trillion-dollar industry.

New York is STILL Moving to Florida

By |2022-05-31T15:43:58-04:00May 31st, 2022|Categories: Quickies with Bette|Tags: , , , |

New Yorkers are still fleeing the state and moving to the sunshine state of Florida. Now, Floridians, for anyone who's been living here since I guess the pre-pandemic, we've seen this, we know. We know how little housing there is and how many drivers are on the road, but we have an official number now.

Veteran Tax Credits & Deductions

By |2022-12-16T13:31:20-05:00November 11th, 2021|Categories: Quickies with Bette|Tags: , , , , |

Veteran's day 2021 is approaching. The complicated life of military personnel and their families doesn't get any less complex during tax season, so I figured I would try to uncomplicate it for you by sharing some of the unique tax rules that apply to active and retired military. I will also briefly touch on the work opportunity tax credit (WOTC) available as an incentive for employers looking to hire a qualified veteran. Let's get started. 

Facebook Changes Name to Meta

By |2021-10-29T15:36:57-04:00October 29th, 2021|Categories: Other Perspectives|Tags: , , |

Facebook has officially changed its company's name to Meta, short for Metaverse. Now, don't worry, the app "Facebook" will still be called Facebook; along with Messenger, Instagram, and WhatsApp, the only change is the brand but is this signaling a more significant change for Meta? Let's find out with this week's social media round-up. 

Florida Moving on Twitter

By |2021-10-22T13:49:52-04:00October 22nd, 2021|Categories: Other Perspectives|Tags: , , , , |

Bette has been receiving numerous calls from business owners wanting to move their domiciles to Florida, so I figured I would do part two of my original "Why Are People Moving to Florida?" blog post. Let's take a look at the latest and greatest tweets under "moving to Florida" on this week's social media round-up.

Employees VS Contractors | Labor Day

By |2022-12-16T13:42:31-05:00September 6th, 2021|Categories: Quickies with Bette|Tags: , , , , , , , |

It’s #BusinessQuickie, and I want to come on here and tailor this go-live to our small business owners who want to know the difference between contractors (1099) and employees (W-2) so that you can find which employee fits best with your business. I figured this would be a great topic since labor day is coming up on Monday! Let’s get started.

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