African Americans Twice as Affected as Whites in Housing Crisis

Most Americans are aware of the devastating condition the United States economy is confronting. Although it is less obvious to those who are employed, for the millions who are unemployed, under employed and struggling to provide for their families, it is a palpable reality faced each and every day. This is particularly true with respect […]

Soulja Boy Owes Uncle Sam a Bundle

Rapper Soulja Boy may have fooled the press about buying a $55 million on a G-5 private plane, but the Atlanta rapper hasn’t fooled the IRS, who recently filed a $26,000 lien against Soulja Boy for delinquent taxes. According to the Detroit News, the state of California filed a $26,805 lien against the 21-year-old rapper on March […]

R. Kelly Health Recovering, But Not Out of Financial Woods

Singer R. Kelly may be in the clear when it comes to his recent throat problems but the music producer is now facing some serious financial woes after recent reports show that Kelly owes the IRS $837,000 in delinquent federal taxes. According to The Detroit News, the IRS filed an $837,442.59 tax lien against the […]

Damon Dash vs. the IRS

Damon Dash, former Roc-A-Fella Records CEO,   currently owes the IRS almost $3 million in back taxes. According to The Detroit News, The IRS filed a $2,984,364 tax lien against the former Rocawear executive on June 30 with the New York City Register’s Office. Dash’s current tax lien is just the latest in a series of […]

R. Kelly Facing Foreclosure

R&B legend R. Kelly is, once again, in legal trouble after it was reported yesterday, June 12, that his Chicago mansion is now facing a $2.9 million foreclosure lawsuit after failing to pay his mortgage for more than a year. According to Crain’s Chicago, J. P. Morgan Chase Bank N.A. filed a complaint against Kelly […]

Jermaine Dupri Sued Over Missed Child Support Payments, Nearly Loses Home

It seems as though hit producer Jermaine Dupri seems to be in a serious financial bind. After barely saving his Atlanta home from being auctioned last week, Dupri has now been hit with a lawsuit by an Atlanta-area woman over missed child support payments after a judge recently ordered him to pay her. According to […]