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.
Position: Health and Human Services Secretary
Status: Nomination withdrawn
What he did: Didn't pay taxes on his use of a car and driver (which he got for free).
Might happen if: you get a lot of corporate perks.
How to avoid it: The tax liability on business gifts is a bit of a gray area, but if the perk is for personal use, you may own some taxes on it.
NEXT: Tim Geithner
Status: Nomination withdrawn
What he did: Didn't pay taxes on his use of a car and driver (which he got for free).
Might happen if: you get a lot of corporate perks.
How to avoid it: The tax liability on business gifts is a bit of a gray area, but if the perk is for personal use, you may own some taxes on it.
NEXT: Tim Geithner
Last updated April 08 2009: 5:39 PM ET