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.

Black-Owned Financial Groups

By |2021-06-18T20:29:12-04:00June 18th, 2021|Categories: Quickies with Bette|Tags: , , , , , |

In honor of Juneteenth, I want to highlight some amazing black-owned financial groups. The Black Angels Miami Investor group, black-owned banks and credit unions (and where to find them), and the Black Bitcoin Billionaire are doing so much for their communities. Let's get started.

Barking Up The Wrong Tree – Video

By |2021-06-17T17:01:55-04:00June 17th, 2021|Categories: Business Book Club|Tags: , , , , , , |

"Barking Up The Wrong Tree: The Surprising Science Behind Why Everything You Know About Success Is (Mostly) Wrong" by Eric Barker was June's Business Book. Join me and my fellow book club members as we discuss our key takeaways from "Barking Up The Wrong Tree," and let us know what you think in the comments. We concluded that this is one of our favorite book club books and that if you were going to read only one of our business books, Barking Up The Wrong Tree is the one you should read.

Is Florida Covid-Free?

By |2021-06-04T21:27:20-04:00June 4th, 2021|Categories: Other Perspectives|Tags: , , , , |

Is Florida "Covid-Free?" No, but people are sure acting like it. Florida is opening back up, and according to usafacts.org, 39% of Florida's population is COVID-19 vaccinated. I have noticed that most businesses in Florida don't require masks (as long as you're fully vaccinated). I figured that I'd take a look at what Twitter is saying about Florida's Covid-free future.

Adoption Tax Credit

By |2021-06-03T13:47:23-04:00June 3rd, 2021|Categories: #TaxTipTuesday|Tags: , , , , , , |

To kick off Pride Month, we're bringing you a special tax tip Tuesday. On this one, we are going to go over the adoption credit. Now, obviously, the adoption credit applies to anyone who adopts a child. It is not strictly for the LGBTQIA+ community. It applies to everyone, but the LGBTQIA+ community does tend to make good use of this, so I wanted to do a high-level overview of the credit.

Miami Tech & Twitter

By |2021-05-14T15:50:00-04:00May 14th, 2021|Categories: Other Perspectives|Tags: , |

Miami Tech is pretty new on the scene, so if you haven't heard about it, let me introduce you to it through Twitter. We've talked about why people are moving to Florida in a recent social media round-up, but we have yet to talk about Miami Tech. From my understanding, Miami Tech is a brand for all the tech people and tech startups located in Miami. There's been an influx of tech-related businesses to south Florida, and people are starting to notice, calling Miami Tech the new silicon valley.

Dogecoin – DogeDay & Elon Musk Recap

By |2021-06-03T01:41:47-04:00April 23rd, 2021|Categories: Other Perspectives|Tags: , , , |

Dogecoin, if you haven't heard of this fabled cryptocurrency, you've been living under a rock. I haven't been able to leave my house or check my phone without hearing about people's experiences with dogecoin. After hearing about people's gains after they invested in dogecoin, my interest was naturally peaked. I decided I would turn to Twitter to help answer some of my questions about this crypto and hopefully answer some of yours. Let's take a dive into this week's social media round-up.

Stimulus Money & Spending Habits

By |2021-04-15T10:22:07-04:00April 15th, 2021|Categories: Other Perspectives|Tags: , , , , , |

Stimulus money, stimulus checks, economic relief payments, no matter what you call it, you know that the world has been waiting for this money. Now, Coronavirus and its effect have been nothing short of devastating; however, I believe the only silver lining might be the stimulus checks. So far Americans, who are eligible, should have received three stimulus checks totaling $3200.00. With all this "unearned" money hitting our bank accounts, it begs the question, "What are people spending their Stimulus Checks on?" Well, I did some digging across Twitter and Tiktok and found some savvy spenders, some not-so-smart spenders, and some that made me laugh out loud. Let's take a look at this social media round-up. 

The 4-Hour Workweek

By |2020-12-01T19:19:38-05:00January 31st, 2019|Categories: Business Book Club|Tags: , , , |

Liberate yourself from your 9-5 job and join the new rich. Utilize DEAL strategies- D for definition, E for elimination, A for automation, and L for liberation. Intead of retiring when you are past your physical and most capable years of your life, take mini retirements throughout.

50 Cent Files for Bankruptcy – #FinanceFriday Lessons

By |2021-03-01T22:39:57-05:00July 17th, 2015|Categories: #FinanceFriday|Tags: , , |

Curtis James Jackson III, AKA 50 Cent, filed for bankruptcy. Despite a Net Worth of $155 million a few months prior, he now lists assets and debts between $10 and $50 Million. Individuals who quickly make huge sums of money in a short time (think pro athletes, lottery winners), forget that the level of income will not go on forever.

Miss America Pageant Plays Accounting Games

By |2021-05-12T23:31:03-04:00September 22nd, 2014|Categories: #TaxTipTuesday|Tags: , , |

Being a South Jersey native and growing up in Atlantic City, the Miss America Pageant was always an exciting thing.  I even got to be in the Miss America Parade in high school with the marching band.  But it wasn't until seeing this John Oliver piece that I really gave it much thought.

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