Why is Nic Cage in such deep trouble??? The person Nic's suing has tried to explain Cage's financial troubles before...
Last year, the IRS put the screws to Cage after they discovered the actor tried to write off $3.3. million in personal expenses as business expenses from 2002 to 2004 -- things like limo rides, meals, gifts and Cage's private jet.
Cage's business manager, Samuel J. Levin tried to explain the situation to Forbes, telling them Nic's tax moves were "customary in the entertainment industry" -- the IRS didn't see it that way.
Ultimately, Uncle Sam forced Cage to hand over $660,000 in back taxes and penalties.
But now, Cage has an even bigger financial mess on his hands -- accusing Levin of being so reckless and incompetent with his money, that he's been forced "down a path of financial ruin."
And this time it's Nic who's doing something "customary in the entertainment industry" -- he's hired power lawyer Marty Singer to sue Levin's pants off.
When you think property taxes, one name comes to mind: Hulk Hogan. Say what?
The Hulkster is the new pitchman for something called GuaranteedLowerPropertyTax.com -- which, we're assuming, helps you lower your property taxes by rubbing suntan oil all over your daughter.
Something reeks in the state of New Jersey -- and if the IRS is correct, it's Val Kilmer's tax records.
Kilmer is on the hook for $538,858 in unpaid federal taxes, this according to a lien filed by the IRS on July 15 in Jersey.
It's unclear why the lien, which was dug up by The Detroit News, was filed in New Jersey. Kilmer, who is originally from Los Angeles, has been living in New Mexico for the last 20 years.
The Accused -- Jani Lane ... that singer dude from the '90s hair band Warrant.
The Debt -- $121,024
The Story -- The Detroit News dug up an IRS record stating Lane, the guy who sang "Cherry Pie" back in 1990, failed to pay federal income taxes for seven years ... that's seven years longer than the amount of time this guy was making money as a rock star.
Lane was busted earlier this week for suspicion of DUI in California.
It's pretty clear the dirty minds behind the MSNBC newscasts know the other meaning to the term "teabagging" -- because the other night, they were hitting viewers right in the mouth with some of the most insane double entendres we've ever heard!
Here are some of the gems: "April 15th will be teabagging day for the right wing and they'll be going nuts for it... the teabaggers are full-throated about their goals" ...
Thanks to homie Nik Richie over at TheDirty.com for the heads up.
Why is Nic Cage in such deep trouble??? The person Nic's suing has tried to explain Cage's financial troubles before...
Something reeks in the state of New Jersey -- and if the IRS is correct, it's Val Kilmer's tax records. 
The Accused -- Jani Lane ... that singer dude from the '90s hair band Warrant.
