*Holy bat crap!
If you’ve ever did the unthinkable and wished you was Lil Wayne, today you can be thankful that you’re not.
That’s because Weezy or as the Uncle Sam refers to him, Dwayne Michael Carter, Jr., owes the IRS a little over $12,155,084 in back taxes. Oh yeah, that “little over” part comes to 46 cents.
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.
*As if drama on “Braxton Family Values” isn’t enough, now Vincent Herbert has to worry about the IRS.
The singer/producer was hit with a federal tax lien totaling more than $3 million. Court records obtained by the site show Herbert owing $3,325,107.70.
*The State of California has reached its limit with Master P.
According to TMZ, the former No Limit Records mogul owes $237,027.41 to the state over unpaid taxes in 1999 and 2000, according to documents filed by the state tax board.
*On the eve of her release today from the federal correctional institution in Danbury, Conn., Lauryn Hill dropped a new track called “Consumerism.”
In a post on her Tumblr page, the former Fugees singer writes, “‘Consumerism’ is part of some material I was trying to finish before I had to come in.”
Hill ended her three-month stint in prison today (Oct. 4) after being sentenced earlier this year for failing to pay close to $1 million in taxes over the last decade. The 38-year-old Grammy winner is now under parole supervision for a year, with the first three months spent under house arrest.
Hill pleaded guilty to tax evasion charges in a federal court in New Jersey last year, admitting she snubbed the IRS of three years’ worth of federal income taxes on more than $1.8 million that she earned between 2005 and 2007.
The mother-of-six was sentenced to jail time in May despite paying off a court-ordered retribution sum of $554,000 that she owed the IRS and additional state taxes and penalties (totaling close to $1 million) prior to her hearing for tax-evasion charges in New Jersey.