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Oscar gift bags
Topic Started: Mar 9 2014, 04:19 PM (116 Views)
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Do the stars pay taxes on the $80,000 bag?
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Tybee
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According to the IRS the gift bags are taxable income. But I'm betting many of the biggest celebs have accountants who can finagle the numbers at the end of the year and the bags end up costing them little or nothing.

http://www.forbes.com/sites/robertwood/2012/02/25/biggest-winner-at-oscars-irs/
Edited by Tybee, Mar 9 2014, 05:41 PM.
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I went to Celebrity Connected from the DL and was surprised at some on the D list, Ed Asner, Mickey Rooney, Penny Marshall. I didn't recognize Vanessa Williams.
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No wonder Zac Efron showed up: he thought it was drugs.
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