Avoid these famous tax flubs

These Obama nominees proved it's all too easy to get in trouble over taxes. Here's how to avoid the same fate.

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Tim Geithner
Tim Geithner
Position: Treasury Secretary

Status: Appointed

What he did: Failed to pay enough Social Security and Medicare taxes.

Might happen if: You're self employed.

How to avoid it: If you work for yourself, you need to pay Social Security and Medicare taxes. See IRS publication 334 for more information.

NEXT: Nancy Killefer
Last updated April 08 2009: 5:39 PM ET
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