According to reports, Rick Ross owes about $5.7 million in back taxes from 2012 to 2014.
Grammy-winning singer Toni Braxton has been hit with a tax lien just two years after she filed for bankruptcy, reports The Jasmine Brand. The lien, reportedly for nearly $125,000 resulting from back taxes, was filed on Aug. 17 with the State of California. If she doesn’t pay up, the state will seize her assets. The […]
DENVER (AP) — The leak of some of Donald Trump’s tax returns highlights enormous disparities in the tax code between high-income businesses and individuals and everyone else that may have allowed the Republican presidential nominee to avoid paying federal income taxes for nearly 20 years. Trump claimed more than $900 million in losses in 1995, […]
Reports are floating around that comedian Monique and her husband Sydney Hicks owe the IRS a boat load of cash for failing to file their taxes for two years. Bossip reports: Academy Award winner Mo’Nique and her husband are accused of not paying their taxes for two years – and now the government says they […]
After Uncle Sam accused Whitney Houston’s estate of under reporting its federal taxes, her heirs have filed a petition to challenge what the IRS claims it owes. According to Bloomberg’s reporting of the May 23rd petition, Houston’s estate objects to the determination that $22.6 million has been underreported, which the IRS claims means that more […]
WASHINGTON (AP) — Donald Trump told The Associated Press this week “there’s nothing to learn” from all those income tax returns he won’t release until an ongoing audit wraps up. Really? Tax experts say the feet-high stack of returns that he’s posed with for photos could provide significant insights about the presumptive GOP nominee — […]
Brian McKnight has been hit with a tax lien against his California house, and could lose the home because he failed to pay his tax bill, TMZ reports. The IRS has imposed a lien against the home in order to secure $340k to satisfy an unpaid tax bill. Per a payment plan he worked out […]
WASHINGTON (AP) — The IRS stopped accepting electronically filed tax returns Wednesday because of problems with some of its computer systems. The outage could affect refunds, but the agency said it doesn’t anticipate “major disruptions.” A “hardware failure” forced the shutdown of several tax processing systems, including the e-file system, the IRS said in a […]
Tom: Good morning, Mellody! You are joining us this morning with some reminders for our taxes. Mellody: I am, Tom. I know it is not always a favorite topic, especially to kick off the week, but it really is important to start looking ahead to tax time. This past week, the IRS officially opened tax […]
One thing MC Hammer can't escape: money problems.
Over the weekend we reported that the King of the South, T.I. and his wife, Tameka “Tiny” Cottle, were dinged by the IRS for back taxes to the tune of $4.5 million. Whoa! Well, in a statement to US Weekly, T.I.’s representative says the rapper/actor plans to “speak with the right parties to resolve the […]
It’s Uncle Luke versus Uncle Sam. And Luke seems to be losing this battle. His property is being seized due to tax debt, according to the Jasmine BRAND. He’s failed to pay more than $113,000 in federal taxes and the man slapped a tax lien on him. The wildest member 2 Live Crew owes the […]
