Mary J. Blige is the latest celerity to fall behind in taxes. The singer, who has won Grammy Awards and sold millions of records, was hit with a $3.4 million tax lien by the IRS.
According to reports, Mary J. Blige owes the IRS $574,904 from 2009, $2.2 million from 2010 and $647,604 from 2011.
Blige also defaulted on a $2.2 million loan given by Signature Bank. She also owes $901,760 in back taxes to New Jersey and was sued by Bank of America for only partially repaying a $500,000 loan.
Blige’s story is reminiscent of countless stories that involve musicians who earned millions only to squander it due to mismanagement or bad advice.
However, Blige has a chance to dig herself out of debt by releasing more albums and touring.
