August 25, 2008

Ruben: I Need an Angel -- To Pay My Taxes!

0825studdard.jpg

"American Idol" Ruben Studdard, 29, has a hefty tax debt of nearly $200K in unpaid taxes, reports the AP, citing court filings showing that the Feds and Alabama have placed liens on Studdard's property.

It seems the singer has a problem with unpaid income taxes for 2003 and 2005, but his Birmingham attorney, Byron Perkins, told the Birmingham News that his client has the dough to pay. Ruben was named "Idol" in 2003, just edging out Clay Aiken for the title.

Alabama developer John Elkington is wondering if the liens on Studdard's goods will affect Ruben's six-figure investment in a Birmingham club expected to bear his name.

The Alabama native, known as the "Velvet Teddy Bear," got married this past June, and has a new album and tour set for later this year.


NEXT: Birkin Mania: The Most Sought-After 'It' Bag

 

what a surprise


- Anonymous
Posted 08/26/08 09:03 AM
 

Maybe he can borrow some money from Clay.


- Hal
Posted 08/25/08 07:11 PM
 

I don’t understand how he could have not paid his taxes…does he not have a competent CPA who would make sure this is taken care of yearly? I think more celebrities need to be more knowledgable of their finances instead of trusting others to take care of it for them….there are way to many slimey people out there waiting to take ahold of their money and let those like Ruben go to jail for tax evasion or possibly lose their fortunes because their bookkeeper robbed them blind.


- Lori
Posted 08/25/08 06:57 PM
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