Making planning harder: Unless you’re the next Betty White, the income won’t last forever. “This year you’re hot — you’re at every awards show — and then we don’t hear from you ever again,” Lopez says.Leeches
When you get famous enough, everyone knows you’re rich. That brings out friends and family from deep in your past, begging for a loan, a job, or an investment in their soon-to- fail business. If you give your cousin money, you'll need to fill out a W-2, a 1099, or a gift tax return. He or she may be family, but the IRS demands the correct form.