Sun, Nov 22, 2009
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Name:
JFromMO
Comment: Did I miss something? I still don't understand why they are investigating and I read it three times. So she applied for two one million dollar loans and that prompted them to investigate? For what? Somebody help me out here. Okay, so I read it a fourth time. Is this because the info she reported on the apps is inconsistent?
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Name:
khufu
Comment: JFMO
Im wondering the same thing
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Name:
Selah
Comment: She apparently failed to "clarify her financial affairs" which is pretty vague. Could be much ado about nothing!
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Name:
Trianna007
Comment: One thing that I did get is that the two loan applications have differing information.
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Name:
giantsfan
Comment: If you apply for not one, but TWO million dollar mortgages, your financials better be squeeky clean. Not only will the IRS come knocking, but the feds will check you for mortgage fraud. I hope she didnt put down anything that isnt true on her mortgage applications........
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Name:
nightshift
Comment: What's done in the dark will come out in the light. Don't these people read the papers??? Wesley got off, but he still has problems, Isley...in jail. The MAN is gonna get his money
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Name:
B00TANEB00TUS
Comment: What?...The lawd gave her those riches...Whats going on here?...Those were gifts from the lawd...Notice I didn't say WTF?...cause I don't play with the lawd...The houses, cars, clothes, business all good gifts from the lawd...The IRS might wanna think 'bout this...entire nations were wiped out messing with the lawd's people....Ooooh glory!
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Name:
dakoolestkat
Comment: LOL@B00TANEB00TUS...I was about to break out my tamborine...**cue the shouting music**
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Name:
CrazzeeGyrl
Comment: I want to know when the second application was submitted. Her situation could have changed. Yet, and still, there seems to be no valid reason mentioned as to why the investigation. Rich folks apply for million dollar mortgages all the time. Why her? Why now?----------------------BOOT>>>>You stoopid. LOL!
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Name:
Train
Comment: The IRS are the real American Gangsters...believe that.
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Name:
cookyd
Comment: Thank You Bootanebootus!!! I love it.
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Name:
oshun
Comment: like the 1st 2 posters, the story confuses me. why did the story not mention her husband, too? arent debts joined in marriage?
on another note, though: ladies, ain't y'all made she's 46??!!! i thought for sure she was in her 20s or 30s. go 'head, yolanda! LOL
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Name:
letmein
Comment: Boot...you'z a fool!!!
Train...we're eye to eye on that one!! I wish the IRS would go somewhere and take a nap!!!
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Name:
Luke_Cage
Comment: The key word here seems to be "subsequent." It's simple. She has conflicting reports on the 2 applications that she filed. Much like giantsfan indicated, she may have other things on her applications that are not jiving. Plus there's a $5 million disparity between the 2 applications on how much she has in total %*$ets.
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Name:
Luke_Cage
Comment: total a.s.s.ets - stoopid EURweb filter
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Name:
BlkATLTop
Comment: It's called an audit. That's what the IRS does, especially when activities involving large amounts of money are involved.
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Name:
gingerg
Comment: What triggers an IRS inquiry into a mortgage application? The dollar amount or something else?
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Name:
McNasty
Comment: When you do things to get their attention they willingly crawl all up and through your behind! Since mega churches have come under scrutiny I suspect that Yolanda is just the first of many gospel singers to be put under the microscope.
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Name:
DCGG
Comment: Git her azz IRS...church folks always up to no damn good!
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Name:
gingerg
Comment: You wrong for that, DCGG. The devil gon' git you. LOL!!
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Name:
DOne
Comment: On one application she claimed 8 mill in %*$ets and on the other she claimed 3 mill. That's a 5mill discreptacy which no doubt caught the eye of the IRS. If she's heavyily invested in stocks, I suppose its possible she could have lost that 5 million relatively quickly given the state of the market.
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Name:
Ky901
Comment: Not just the difference between the subsequent apps. But, if you do the math-- how does a person who makes $40K a month have $8mill or $5mill in %*$ets.
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Name:
dcdouglass01
Comment: The IRS has become more aggressive over the last 3-4 years because Bush's war is draining the Treasury. Last fall the IRS claimed I owed them $4000 more from tax year 2004. They were able to do this paper kickback to themselves by basically invalidating business expenses I claimed on Schedule C. However I have the receipts supporting my claims, so I look forward to meeting them in the small claims section of the Tax Court later this year.
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Name:
amethyst
Comment: I hope (pray) that there are no financial problems for Yolanda. My guess is that the inconsistent info on the two applications caught the IRS's attention. Also, Yolanda is divorced.
And when I Googled to make sure this was true, I found that Fred Hammond is also divorced. They are the rare celebs who keep their personal business private. They need to send a memo to Mel B, Juanita Bynum and Thomas Weeks.
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Name:
B00TANEB00TUS
Comment: Yo...The IRS better let it go...They don't wanna see 10 plagues...Just ask Pharaoh what happens when you mess with the lawds people....
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Name:
amethyst
Comment: dcdouglass01 - Best wishes to you. You are smart to keep receipts. They got the nerve to hassle someone like you, when corporations are lying and stealing left and right, as well as wealthy folks. $4,000 is chump change to Wesley Snipes or Toni Braxton, but they're hassling you.
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Name:
amethyst
Comment: Boot - We're gonna have a special prayer service just for you!! You keep us rolling. Who has some oil and a tambourine?
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Name:
dakoolestkat
Comment: Amethyst..i got the tamborine...just need that white sheet to throw over somebody's legs when they fall out
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Name:
dcdouglass01
Comment: Those were my thoughts too, amethyst. Why go through this much trouble over a few thousand dollars from a little part-time business? But yes, I have my receipts so let's get this (UFC) battle going.
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Name:
nineteen06
Comment: Im not at all suggesting that Ms. Adams has done anything wrong, but the catalyst for the inquiry could be a discrepancy between how much she reports to the IRS and her ability to afford $2M homes. If in fact she only reported that she made a $100k/yr avg (hypothetically speaking), but has over $8M in %*$ets, that type of discrepancy easily warrants an investigation. They'll likely find that all is well in the Adams household but she isnt exempt from IRS scrutiny.
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Name:
OSUN
Comment: Those commies the IRS want all of our money.
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Name:
gingerg
Comment: Whether they find that everything is in order, that is not going to keep the church folks from speculating. By the time they get through with it, it will be a whole nother thing. This is a spirit-filled, gifted, divorced black mother who is doing big things. Some folks don't like that.
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Name:
dakoolestkat
Comment: I wonder who is really behind this scandal? Who could it be..who could it be? SATAN!!! Anyone remember that skit with the "church lady" from Saturday night live in the 80s? Sorry...I digress. LOL
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Name:
Southernbelle
Comment: I knew they were after R& B singers and hip hop artists but DAMN now they're going after gospel artists. Ain't nobody safe from the IRS's wrath?
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Name:
Southernbelle
Comment: Rebuke them Yolanda Rebuke them! You have religion on your side. *whispering* Just in case, call Wesley and find out which law firm represented him. Also, you might wanna find out the names of those preachers that sent up those prayers on his behalf.
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Name:
Calidee
Comment: This could be no big deal. But the main thing that stood out to me is that she missed a meeting with the IRS, which could have resolved or clarified this issue. You don't miss meetings with the IRS. It's like saying "I got something to hide"
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Name:
Kyenn
Comment: People used to ask Jesus is they had to pay taxes if they were paying tides. Jesus told them "what is due to Ceaser, you must render unto Cesear". Even Jesus knew not to mess with the tax man! She needs to handle this before it turnes into a mess. Hopefully, it's just a few typos that need explaining. I like Yulonda.
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Name:
McNasty
Comment: Calidee that or just scraight kis.s my butt!lol
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Name:
Cappaucino
Comment: This is all speculation but maybe when she was divorced her hubby took half? He wasn't the one singin so as a result her a##ets dropped.
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Name:
Taurusingr
Comment: Hey yall....I BET THIS was SOMEHOW initiated by HER EX!! He probably "DROPPED A DIME"!! (just MY opinion)
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Name:
Mas90
Comment: Boot & DCGG @ LOL Ya'll hilarious! I would think the IRS would go after Creflo A. Dollar just because his last name is money and he's a minister.
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Name:
Taurusingr
Comment: Yo BOOT:....Counselors are standing by, waiting to help! MAKE THAT CALL , MAN!!! ( and TAKE YOUR MEDS"!! LMAO!!!
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Name:
oshun
Comment: i guess i'm outta the gospel-gossip loop: i had no idea she and her husband divorced. my question has been answered.
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Name:
Gurlfrand
Comment: lol @ Train - yes, the real American Gangsters. >Mas - Creflo Dime, Quarter, Penney, those names always raises red flags wherever you go!!
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Name:
Teigh
Comment: The IRS is more aggressive because they no longer spend time processing applications. Most of their time now is analyzing what was submitted. E filing has changed the way they do business as well.
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Name:
Afordlove
Comment: She say she is a child of God so what's the problem with opening up your Finanical Account Yolanda Adams are you hiding Something? God Knows all about your action.
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Name:
Afordlove
Comment: I like everyone to read these two books 1# Ron Brown Body - How One Man's Death Saved The Clinton Presidency And Hillary's Future by JACK CASHILL #2 The Cry Of People In Darkness Part #1 #2 by Bridgette D. Ford.
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Name:
mat212
Comment: Snitching triggers an investigation. Period. My sister has been with the IRS for 20 years, She said the phone LITERALLY rings all day with anonymous callers saying..."I know for a fact that so and so made such and duch last year."....So in the case of this Houston native..."Somebody "tipped" them off to "something".
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Name:
mat212
Comment: Oh. And suspect number one? Her bank.
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Name:
utopia
Comment: amethyst, honey please. The only reason her SECOND divorce did not make headlines is because she did so before the Internet (the blogs0 popped off. You see how they do the prophetess, kirk, donnie, tonex, hezikiah (the homosexual rumor) etc.
Yolanda had an ugly split with her manager (also a sista), me thinks the "tippin'" may have come from on the inside, if you know what I'm sayin':D! Gotta be careful, who you fire these days.
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Name:
adifferentpath
Comment: utopia, 2nd divorce? wow. someone tipped them eh mat212, welp, we'll see. sucks.
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Name:
khanman
Comment: Simply put she's a criminal hiding behind that gospel bullshyt!
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Name:
mlbr
Comment: It could be one of two things, either she didn't pay her taxes like she was suppose to or someone dropped a dime on her. In other words one of her former mangers could have turned her in. Who knows?
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Name:
Goldie1
Comment: Working for the I.R.S. which I do. Ms. Adams first mistake was all application, were different. This sent a red flag up instantly. By her being a entertainer, rather for the Lord or self purposes. There is a mission on now, since the "Mega Churches" have come across alot of money these day's that are not unaccountable for. Be ware of your small churches too, we be coming for them too. Yolanda, does have to answer tothese actions. And really to have avoided all of the drama, she should have had her accountant, or attorney's to purchase the properties she wanted. Anyone of color, or should I say, in a special catagory, will be flagged if there trying to purchase XXX amount of property, rather cars or homes, land. Beware, I.R.S. is watching you like a Hawk.
Peace
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