Dennis Rodman Denies That He Owes $42,000 in Back Taxes

Filed under: News

Former Detroit Piston 'Bad Boy.' Dennis Rodman was a wild boy on and off the court. But when it comes to paying his taxes, Rodman said he likes to keep it clean.

Rodman's business manager said the tattooed former NBA star does not owe the $42,497 that the state of California filed a lien against him for.

"It's got to be incorrect," said Rodman business manager Peggy King. She said Rodman recently received a refund check from the state "for $42,000 or $43,000."

The news comes as the Detroit Pistons are about to retire Rodman's jersey. He won two championships with the team and three more with the Chicago Bulls.

Rodman was a rebounding specialist who earned his reputation throwin' bows in the trenches where he was twice named defensive player of the year and racked up numerous rebounding titles.

I hope Rodman's agent is right. Owing back taxes-- whether to the state or the IRS is never fun. Just look at the long list of celebrities who have had to deal with tax problems: Wesley Snipes, Redd Foxx and Ronald Isley are just a few who have felt the sting of owing the state or federal government money.Most recently, the government accused rapper NaS of owing $6.46 million in back taxes.

And don't think it can't happen to us non-celebrities. Owe enough money and the state and IRS will freeze your assets, come and take your home and charge crazy amounts of interest on the money due.

As the April 15 tax filing deadline approaches, its important that we take an active role in determining our tax liability. If a spouse handles the taxes, make sure you check over what is being filed in your name. Even if you hire a tax professional or accountant, it's important to double check their work.

Besides, Rodman can also appear on some reality show and get tens of thousands of dollars. That's where his oddness on the court has become an asset since he retired. You, on the other hand, are going to be calling that long lost uncle for a loan.

 

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Source: http://www.bvblackspin.com/2011/02/17/dennis-rodman-denies-he-owes-42-000-in-back-taxes/

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