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Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Sunday, February 5, 2012

Sean Kingston Owes Uncle Sam 6 Figures in back Taxes




Yesterday it was Lil Kim, and now Sean Kingston too? Apparently some celebs have a problem paying the tax man when the season rolls around.

According to TMZ, Kingston -- real name Kisean Anderson -- shorted the government to the tune of $131,379.51 for money he made in 2009 - the same year he released the album Tomorrow.

The feds allegedly warned the singer, "We have made a demand for payment", but since he failed to pay up, the IRS obtained a lien on his property. That means that if Kingston doesn't pay in a hurry the government can go after his possessions.

We'll keep you up on any new developments.

Saturday, February 4, 2012

Spend a Mill? No! Pay a Mill. Lil Kim Owes 1 Million Back Taxes

The news isn't looking good for Lil Kim in 2012.

 Her fans are threating to shut down the fan websites and now this. Uncle Sam says Kimmy Blanco owes more than 1 million dollars in back taxes. Now with her claims of being the reigning Queen of Rap and a career spanning alomst 20 years you'd think Lil Kim was simply rolling in the dough





Well she’s not.

Because, for the last ten years- the ‘Black Friday‘ Rapper has not been paying her taxes and now owes a seven figure sum to the US Government.

$1,026,862.42


 
The above figure is the amount Kim owes to the US Government for not paying her taxes since 2002, despite numerous attempts to retrieve the money owed from her in recent years.

 Maybe if she spent less time worrying about Nicki Minaj and more time on her own problems, she wouldn’t be in this embarrassing situation.

Hopefully she can swipe that whole amount away with her debit card
  
TMZ explains:
Lil Kim’s tax problems are well-documented and go back nearly 10 years. According to documents filed with the L.A. Recorder’s Office, Kim owes money every year from 2002-2009. The 2009 amount, $86347.85, was just recently tacked on — bringing her total $1,026,862.42.