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Saturday, January 19, 2013

Lohan Owes 250K in Gift Taxes! eeek!

Million Dollar Decorator bosses to make Lindsay Lohan pay $250k tax on luxury furniture after she refused to film big reveal

 Lindsay Lohan while have to pay tax on the $250,000 worth of furniture she was given as a present.
The troubled actress - who was recently given a bill from the Internal Revenue Service (IRS) $233,000 for unpaid taxes between 2009 and 2010 - received the expensive furniture from producers of Bravo reality TV show Million Dollar Decorator.
But because she refused to take part in the programme's big reveal, she is going to be taxed on it.
Planning her decor: Lindsay earlier seemed happy to be planning how her new home would look
Planning her décor: Lindsay Lohan initially seemed happy to plan how her new home would look alongside interior decorator Kathryn Ireland (centre) on Million Dollar Decorators
A source told website RadarOnline: 'Producers had planned on paying the luxury gift tax on the furniture that was given to Lindsay for her Beverly Hills rental house.
'Lindsay was given $250,000 of beautiful furniture, but when she failed to agree to appear on 'Million Dollar Decorator' for the big reveal of the work that was done on her rental house, the producers decided they weren't going to pay the taxes.
 

Luxurious amenities: The 2,500-square-foot mini-mansion features a pool and a spa
Luxurious amenities: Lindsay's rented 2,500-square-foot mini-mansion in Beverly Hills features a pool and a spa, but she is now said to have moved out 
'Lindsay will probably have to pay between $25,000 and $50,000 in taxes on the furniture.'
Bravo bosses initially wanted to repossess the furniture and flooring that was given to the Mean Girls star after she refused to finish filming but couldn't get it back from her.
The source continued: 'Lindsay didn't appreciate anything that was done for her. She was given $250,000 in furniture. 
'Bravo attempted to get the furniture back, but Lindsay was one step ahead of them and had everything from the house sent to an unknown storage location. 
Looking things over: At first, Lindsay was interested in doing over her Beverly Hills home in French cottage style
Looking things over: At first, Lindsay was interested in doing over her Beverly Hills home in French cottage style 
Work in progress: An earlier episode showing inside Lindsay's bedroom
Work in progress: An earlier episode showed inside Lindsay's bedroom
'Lindsay was quite pleased with herself and bragged to friends that she can get whatever she wants because she is a celebrity.'
Interior decorator Kathyrn Ireland recently revealed that Lindsay initially became involved in the show after they met at a dinner and became friends. 
'She came up to me and said what a huge fan she was and said I was her favourite on the show,' she told The Hollywood Reporter.  'She told me she was getting a house and would love for me to look at it. I told her we were shooting a season right now, and they said Lindsay would be more than happy to be on the show.'
Drama queen: Lindsay Lohan appeared on an episode of Million Dollar Decorators with famed designer Kathy Ireland but was seen walking out in the middle of filming 
Drama queen: Lindsay  appeared on an episode of Million Dollar Decorators with famed designer Kathy Ireland but was seen walking out in the middle of filming
Are you sitting comfortably? The pair were inside a Los Angeles furniture store looking at couches for the star's home makeover 
Are you sitting comfortably? The pair were inside a Los Angeles furniture store looking at couches for the star's home makeover
But after the goods were delivered and decorating completed, Lindsay 'went AWOL.'
Bravo diplomatically said Lindsay 'was not available for the reveal shoot, but we were still able to capture the outcome, just like we do for many of the reveal episodes.'
However Kathryn told The Hollywood Reporter that Lindsay couldn't film the big reveal after being involved in a car accident 
'Of course it's disappointing, but it wasn't like she didn't show,' said the interior decorator. 'She had an accident. You've probably seen what the car looked like. It was really cute when she did finally come see it that weekend.
And cut! Lindsay's mood quickly changed when she spied the paparazzi and she walked out
And cut! Lindsay wasn't happy when she was spotted inside the furniture shop by the paparazzi during the episode which aired on Tuesday


Read more: http://www.dailymail.co.uk/tvshowbiz/article-2264589/Lindsay-Lohan-Million-Dollar-Decorator-bosses-make-pay-250k-tax-luxury-furniture-refused-film-big-reveal.html#ixzz2IQfHAqk5 

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