Jan 25, 2011

New York City takes aim at rich and famous tax deadbeats

Actor Alec Baldwin (pictured) has joined a list of elite New Yorkers targeted by tax collectors who think they're fibbing about where they really live to dodge New York City income taxes.

In recent years, auditors have confronted hundreds of super-wealthy New Yorkers over the residency rules - including star Yankee shortstop Derek Jeter.

Facing shrinking revenues, the state has ramped up its pursuit of suspected tax dodgers, hiring 189 new auditors and - for the first time - making filers swear under oath on tax forms as to how many days they "spend in New York City."

If it's more than 183 days and the filer has a residence in the city, the tax bill goes up.

They may still find ways to, as the Brits say, "fiddle the tax man."