Mathew Knowles, 62, is one of the latest industry heavyweights to get hit with a huge tax bill from the IRS. Beyoncé’s father reportedly owes $1.2 million. The amount is figured from his 2010 ($485,000) and 2011 ($728,000) taxes that haven’t been paid to Uncle Sam yet.
The Destiny’s Child hit, “Bills, Bills, Bills” is now an ode to the former manager of the singing group.
