New Orleans rapper Lil Wayne has fashioned himself as some type of new age outlaw. He has taken his role so seriously that the government…

Singer Brian McKnight is in the midst of fighting for his financial freedom. He recently filed a lawsuit against his former accountant claiming the accounting…

Entertainment News

As the old saying goes, there are two things guaranteed in life: death and taxes. And, that even means if you are the late Michael Jackson. According to TMZ, the estate of the late superstar owes the IRS $702 million in backed taxes. The gossip site reports: The allegations are stunning.  According to legal docs […]

It’s officially tax season and most people are clueless as to where to even start. There have been a lot of tax law changes this…

Entertainment

She’s in trouble and in desperate need of having someone manage her finances better. Keyshia Cole owes the government $162k in back taxes. Ouch! From 2009, the IRS claims Cole needs to pay back $162,158.93 in taxes. 2009 was a good year for the “Love” singer. She headlined her tour, A Different Me Tour and […]

They may be living the lavish lifestyle on their hit reality show “Tamar & Vince,” but the IRS says otherwise. Tamar Braxton‘s husband and manager…

TJMS25

Let me just start by saying I hope this letter reaches you in good health. Now, where do I begin?   Got it. Lauryn Hill.…

Money

Mellody Hobson talks property taxes in today’s “Money Mondays” segment. It’s great that the housing market has enjoyed a slow and steady recovery from the mortgage crisis of ’08. It’s been a seller’s market the past couple of years because there was a shortage of homes for sale, driving up prices. In fact, home values […]

National News, News

WASHINGTON (AP) — The Internal Revenue Service paid out more than $110 billion in tax credits over the past decade to people who didn’t qualify for them, according to a Treasury report released Tuesday. The Earned Income Tax Credits were intended for poor working families. In his report, IRS inspector general J. Russell George said […]

  Singer/reality star K. Michelle is used to being the one throwing punches. Well, now the IRS is hitting K. Michelle with a hard hit…

National News

CHICAGO (AP) — Felonies and potential prison stints haven’t been the kinds of things associated with cute, cuddly Beanie Babies, but that changed Wednesday when the creator of the iconic stuffed toys was charged with tax evasion and agreed to pay a $53 million penalty. H. Ty Warner, a 69-year-old billionaire from suburban Chicago, intends […]

Entertainment News

MILAN (AP) — A Milan court on Wednesday convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion. They were found guilty of failing to declare 200 million euros ($268 million) through a Luxembourg company to authorities and given a one year and eight months suspended jail sentence. They were ordered to pay a […]