Former New York Times film critic Elvis Mitchell, now a host on Turner Classic Movies' "Under the Influence," is reportedly in big trouble with the IRS: The agency claims he owes half a million bucks in back taxes. The Detroit News breaks it down:
The IRS filed a $91,968 lien against Mitchell on Aug. 28 in the New York City Register's office
The IRS filed a $277,015 lien against Mitchell on Aug. 27 in New York.
The IRS filed a $136,130 lien against Mitchell on April 27, 2007, in New York.
Questions about Mitchell's financial situation were first raised when U.S. border patrol guards busted him with $12,000 in undeclared cash and Cuban cigars last year. At the time, Mitchell claimed: "I have a fear of banks, so I keep my cash in my house and I grabbed the wrong box." That fear may be understandably justified: With all those tax liens against him, any money that he had in the bank would be confiscated immediately.
Perhaps the most amazing part of this story is how Mitchell apparently managed to run up $500,000 in back taxes. . . Who knew film critics made that much money? He and his publicist have declined to respond to the media requests of multiple outlets but if the IRS' figures are accurate, it seems likely he hasn't been paying any taxes for a long time.
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The Child Tax Credit can reduce your tax bill by as much as $1,000 per child, if you meet all seven requirements: 1. age, 2. relationship, 3. support, 4. dependent status, 5. citizenship, 6. length of residency and 7. family income. You and/or your child must pass all seven to claim this tax credit.
Filing your tax return online can be extremely convenient. But did you know the IRS also allows you to make payments on taxes you owe from previous years? Watch this video to learn more about e-filing your taxes.