Follow Us: Google+
 
Bankrate.com

Advertisement
taxes

Rich, famous and tussling with the taxman

Taxes » Tax Law » Rich, Famous And Tussling With The Taxman

Burt Reynolds
Burt Reynolds © PR Photos

The star: The '70s heartthrob and one-time Cosmopolitan centerfold is best known for his Southern-fried comedic roles in "Smokey and the Bandit" and "The Cannonball Run," and pitch-perfect dramatic turns in "Deliverance" and "Boogie Nights."

Amount owed: $225,000

What happened: Eyebrows shot up when Reynolds appeared as No. 247 on the California Franchise Tax Board's 2009 list of the state's 250 biggest tax deadbeats for a tax bill dating back to 1996. At 77, Reynolds remains one of America's most enduring stars, popular for voiceover work ("All Dogs Go to Heaven") and TV and film roles, including the Adam Sandler remake of his own 1974 hit, "The Longest Yard." Then again, his bitter 1993 divorce settlement from Loni Anderson was a whopper.

The outcome: Much ado about nothing, apparently. The actor's spokesman Jeffrey Lane told The Associated Press that Reynolds paid his debt more than a decade ago and asked California to kindly remove the Bandit from its tax bandit list.

advertisement

Show Bankrate's community sharing policy
            Connect with us
Overnight Averages
Product Rate +/- Last week
30 yr fixed
3.67%
3.62%
15 yr fixed
2.80%
2.76%
5/1 ARM
2.60%
2.58%
View rates in your area:
Product Rate +/- Last week
30K HELOC
5.21%
5.21%
30K Home Equity Loan
6.09%
6.12%
50K HELOC
4.76%
4.76%
View rates in your area:
Product Rate +/- Last week
48 Mo Used Car
2.93%
2.97%
48 Mo New Car
2.44%
2.45%
36 Mo Used Car
2.87%
2.93%
View rates in your area:
Product Yield +/- Last week
6 Mo CD
0.45%
0.43%
1 Yr CD
0.67%
0.63%
5 Yr CD
1.24%
1.24%
Compare rates:
Product Rate
Low Interest Cards 11.01%
Balance Transfer Cards 15.92%
All Variable 15.24%
Compare rates:  
advertisement
Most Read
  1. Headlight requirements by state
  2. Nick Nolte's house for sale
  3. 8 eerie ghost towns
  4. 7 sedans for the young at heart
  5. Social Security traps to avoid
  6. 8 affordable, classic cars for retirees
  7. 10 cars for a midlife crisis
  8. 7 Social Security benefits
  9. 9 gas-only, fuel-efficient cars
  10. Top 10 states for foreclosure
Looking for FREE tax advice?
From Federal and State tax law changes, to rates and tools, our expert advice will help you stay informed.
advertisement
The IRS faced a Ways and Means hearing on its handling of Tea Party tax-exempt applications. Now Senate Finance and House Oversigh
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.