Tax Watchdog

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Category: Teri Polo

Posted by Robert Snell (The Detroit News) on Tue, Aug 18, 2009 at 3:18 PM

'Meet the Parents' star meets the tax man

Hollywood actress Teri Polo who starred alongside Robert De Niro and Ben Stiller in "Meet the Parents," owes $433,736 in delinquent state and federal taxes, records show.

The 40-year-old Delaware native, former ballerina and Playboy pinup gained fame in the 2000 comedy and has followed up with a string of TV show appearances, including a stint on "The West Wing." She is set to reprise her "Parents" role in 2011's "Little Fockers."

What's owed:
  • The IRS filed a $114,843.95 lien against Polo on Aug. 7 in the Kent County (Del.) Recorder of Deeds office. According to this lien, she owes income taxes from 2007.
  • The state of California filed a $91,748 lien against Polo on April 24, 2008, in the Los Angeles County Recorder of Deeds office. She owes taxes from 2005 and 2006, according to the recorder's office.
  • The IRS filed a $227,144.48 lien against Polo on Feb. 20, 2008, in the Kent County Recorder of Deeds office. She owes income taxes from 2005 and 2006, according to the lien.

Her side:

Polo fell behind paying taxes while going through a costly divorce and being unable to work while raising two young children, manager Bob McGowan said.

"The bottom line is she does owe the money," he said. "But she does have a deal with the IRS and the state of California," and will begin making payments Sept. 21.

The "Little Fockers" flick will help because she is being paid a "couple million" to star in the movie, he added.

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About this Weblog

Robert Snell of The Detroit News

Who owes taxes in Metro Detroit

Robert Snell is a Detroit News business reporter. He focuses on state and federal tax liens and, based on public records, interviews and Detroit News archives, identifies those who don't pay income, business and property taxes. He can be reached at rsnell@detnews.com or (313) 222-2028.

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Why we focus on unpaid taxes

Every year, about $345 billion in federal taxes are either late or unpaid, according to the IRS, ripping open holes in budgets and shortchanging schools and public safety. That forces taxpayers to cough up more than their fair share, tax experts say. About $2.5 billion went uncollected in Michigan between 2000 and 2006.

Liens are filed when taxpayers ignore government pleas for payment. Tax liens are like tar. They stick to everything - homes, cars and income. According to the IRS, liens give the government a legal claim to a person's or company's property. Liens serve as security or payment for the tax debt and a red flag to creditors.

There are a variety of reasons people don't pay. Some can't afford to and some refuse while others miscalculate or receive bad advice. Unpaid taxes can lead to prison - just ask actor Wesley Snipes.

This blog will focus on state and federal liens and identify those who don't pay income, business and property taxes. We will gather our information from public records, interviews and Detroit News archives.