NicholasCage

Ever met anyone who thought he didn't have to pay income taxes? Maybe he tried to argue taxes are unconstitutional and there are legitimate ways to avoid paying them. Don't believe it. Wesley Snipes believed it, and found himself in quite a bit of legal trouble. He's been acquitted of the most...

Actor Nicholas Cage is the latest celebrity to run afoul of the IRS.According to Forbes magazine, Uncle Sam is accusing Cage of using a company he owns to wrongly write off $3.3 million in personal expenses including limos, meals, gifts, travel and his Gulfstream jet. "In just-filed U.S. Tax Court...

I know that there have been daily headlines about the collapse of the housing markets and Americans struggling to avoid foreclosure, but look on the bright side: Nicholas Cage just sold his Newport Beach, CA home for $35 million, $10 million more than he paid for it in 2005. According...