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11 Rappers Who Owed Taxes in 2010
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| Guest post by: Manny Davis |
Article Overview: In 2010, many rappers ran into tax problems. This happens every year, but it seems that 2010 brought more troubles for rap artists than ever before. Just like the rest of us, these celebrities need to pay taxes or they will be slapped with penalties, interest and possibly jail time.
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11 Rappers Who Owed Taxes in 2010
In 2010, many rappers ran into tax problems. This happens every year, but it seems that 2010 brought more troubles for rap artists than ever before. Just like the rest of us, these celebrities need to pay taxes or they will be slapped with penalties, interest and possibly jail time.
Here are 11 rappers that owed taxes in 2010:
- Fat Joe. There is no denying that Fat Joe is a big name in the rap industry. As the CEO of Terror Squad Entertainment, he knows a thing or two about the biz. One thing he apparently does not know is how to pay his taxes. Fat Joe currently owes $139k.
- Trick Daddy. Since taking the world by storm with his hit single "I'm a Thug" in 2001, Trick Daddy he has not done much. Along with an inconsistent career, Trick Daddy owes the IRS more than $157k.
- Chamillionaire. He may call himself Chamillionaire, but to the IRS he is Hakeem Seriki. Despite his numerous musical accolades, the IRS is still after him for $184,692 in back taxes.
- Obie Trice. Obie Trice is well known for his affiliation with Eminem and has survived a number of tragedies, including taking a bullet to the head in 2005. He currently owes the IRS approximately $300k in back taxes.
- Young Buck. Young Buck used to be part of the rap group G-Unit. Now, he has his own label. Amidst confusion over the breakup he must have forgotten to pay his taxes. At this time, Young Buck owes roughly $300k.
- Beanie Sigel. Worldwide, Sigel has sold more than two million albums. In addition to spending time in federal prison on weapons charges, Sigel has run into issues with the IRS. He currently owes $540k in back taxes.
- Snoop Dogg. One of the most popular rappers of all time, millions of eyes are always on Snoop Dogg. Unfortunately for him, the IRS is also watching. In 2009, the state of California put a tax lien on his home. In 2010, the IRS filed a lien. He currently owes $600k in back taxes.
- Swizz Beatz. Since the age of 17, Swizz Beatz has been a rapper, DJ and record producer. He is also married to Alicia Keys. One thing he has not been is a guy who pays taxes on time. Swizz Beatz currently owes $652,727 in back taxes.
- Lil Wayne. Lil Wayne has been rapping since the age of 9. Has he been obeying the law, though? In addition to time served in prison for criminal possession of a weapon, Lil Wayne also owes $1.3 million in back taxes.
- Doug E Fresh. As an early pioneer of beat boxing, Doug E Fresh is known all over the world for his musical talent. He is now becoming known as the guy who owes $2,276,848 in back taxes.
- Nas. There is no denying that Nas has rapping skills. There is also no denying the fact that he owes a lot of money to the IRS. As of January 2011, his total tax debt is roughly $6 million.
Article Tags: celebrity tax evasion, IRS lien, tax debt
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About the Author: Manny Davis RSS for Manny's articles - Visit Manny's website Manny Davis is a tax accountant with Back Taxes Help, LLC. His firm specializes in resolving major IRS and State tax problems such as irs bank levies and tax audits while connecting individuals with helpful tax professionals. Find more information about celebrity tax evasion by visiting his blog. Click here to visit Manny's website Back Tax Relief through an Offer in Compromise What do you owe the IRS What to do about it 11 Rappers Who Owed Taxes in 2010 When to Use an Installment Agreement and Which Type to Use |
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