Nov. 19, 2012 at 10:49 PM ET
The good news: Nicolas Cage is trying to chip away at his huge tax debt, and E! News confirms that he recently put down $600,000 to help pay off his tax lien.
The bad news: He still owes the IRS about $6 million. Ouch!
It may seem like a lot of cash to pay up (well, because it is), but that's a long way from where the actor started.
However, in 2010 he told People that he owed $14 million in back taxes, which meant that even after paying over $6 million, the Ghost Rider star had about $7 million more to go at the time.
--Reporting by Claudia Rosenbaum
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