THE STREETS DON'T LOVE YOU BACK

Welcome... Click on all the headings/subheadings below for more information

If ain’t one thing it’s another for Lil Wayne. The IRS created a special tax unit in 2007 to investigate entertainers and athletes, and Lil Wayne was recently discovered to owe more than $1.13 million in back taxes.

The imprisoned rapper owes from 2004, 2005, and 2007. In June, the “man” filed a lien against his charity, One Family Foundation in Florida.

“A few years ago, they concluded that athlete and entertainer taxes might be escaping their radar. So they reinstated a division to only deal with this area,” a rep from the global touring and accounting company RZO Productions said.

Other artists who have been found out include Suge Knight, DMX, Nas, Snoop Dogg, Swizz Beatz, and Method Man.


The IRS is also investigating rappers who use their charities for capital gain.

This is not the first time Wayne’s been busted for taxes. In 2008, a lien was filed against him for almost $1 million in back taxes..

Views: 67

Comment

You need to be a member of THE STREETS DON'T LOVE YOU BACK to add comments!

Join THE STREETS DON'T LOVE YOU BACK

Members

© 2024   Created by Lucinda F. Boyd.   Powered by

Badges  |  Report an Issue  |  Terms of Service