DIDDY'S ATL RESTAURANT WANTED BY TAX MAN: Mogul has explanations for owing more than 7 thousand in federal taxes.
(July 28, 2009)
*The IRS has its sights on Sean "Diddy" Combs' Atlanta spot Justin's Restaurant, claiming it owes $7,373 in federal taxes, reports the Detroit News, citing public records.
The restaurant, named in honor of his son, opened in 1998 and specializes in upscale Southern and Caribbean cuisine. An identically named restaurant in New York City closed a few years ago.
The Internal Revenue Service filed the tax lien against Diddy's ATL joint on May 18. A rep for the mogul blamed the tax debt on a series of errors. First, the IRS was sending notices to the restaurant’s old corporate address in New York -- one which hasn’t been used in about 10 years.
"The new address was on file with the IRS, so it is surprising this happened," the spokesman said.
Second, the company that handles payroll tax payments for Justin's apparently underpaid the IRS for taxes in 2007.
After being notified about the lien by The Tax Watchdog, Combs’ representatives reportedly wrote out a $7,373 check to pay it off, said Combs' spokesman.
The restaurant, named in honor of his son, opened in 1998 and specializes in upscale Southern and Caribbean cuisine. An identically named restaurant in New York City closed a few years ago.
The Internal Revenue Service filed the tax lien against Diddy's ATL joint on May 18. A rep for the mogul blamed the tax debt on a series of errors. First, the IRS was sending notices to the restaurant’s old corporate address in New York -- one which hasn’t been used in about 10 years.
"The new address was on file with the IRS, so it is surprising this happened," the spokesman said.
Second, the company that handles payroll tax payments for Justin's apparently underpaid the IRS for taxes in 2007.
After being notified about the lien by The Tax Watchdog, Combs’ representatives reportedly wrote out a $7,373 check to pay it off, said Combs' spokesman.
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