Nicolas Cage owes IRS $6 million


UPDATE: Cage to pay taxes.

A funny thing happens when checks stop rolling in. You don't have any money. That scenario is becoming reality for yet another Hollywood A-lister, Oscar winner, Nicolas Cage, whose movies have failed to produce box-office hits. Or a lot of royalty dough.

But Cage, who owes a reported $6.3 million to the IRS, isn't blaming his professional choices (or acting ability) for his cash crunch. Instead, he's suing his financial adviser, citing he's to blame for the actor's money woes.

On Oct. 16, Cage filed a lawsuit claiming his longtime business manager Samuel J. Levin "lined his [own} pockets with several million in business management fees while sending Cage down a path toward financial ruin." Cage claims he didn't realize he was in such a deep financial hole until earlier this year, when the sell-off began.