Professor Elam

How did Nick Cage end up with a $6 M IRS Bill?  He is suing his manager. 

But, even stranger to me, why does he have to borrow the money from Johnny Depp?

The Star of National Treasure cannot borrow  a mere $6 M against future earnings?

A few years back Willie Nelson made headlines owing about $1.6 M which he did pay back. Seems there is a long history of stars with bad management. 

I suspect the large CPA firms all have a personal management section, why not hire them?

Were I in Nick's position, I would not have one person but a reliable CPA firm receiving all my tax correspondence, and filing the returns. 

In fact I was just thinking about that so I looked up an example, click here for Alexander Grant Wealth Service. When you get there click on the service matrix. Now that is about what I would have in mind were in the the league Nick Cage is in. It also makes the point that today's CPA firms are involved in a a very broad range of service activities.