Posts Tagged ‘IRS’
How to track your stimulus check
Millions of anxious and unemployed citizens are eagerly waiting for stimulus checks from the federal government to show up in their bank accounts or mailboxes. The U.S. Department of the Treasury has created a mechanism to track the checks’ progress from where they are printed in the nation’s capital to your front door. Officials at…
Read MoreBaltimore Mayor Catherine Pugh resigns amid scandal
In the wake of a growing scandal, Baltimore Mayor Catherine Pugh has resigned from office, according to The Baltimore Sun. Pugh was under increasing pressure to step down after federal agents from the IRS and FBI raided her home and office and also those of close staff after dubious financial dealings tied to her self-published children’s…
Read MoreBaltimore Mayor Catherine Pugh’s home raided by FBI, now faces resignation
The Baltimore city government is in turmoil after an FBI and IRS raid on multiple properties belonging to Mayor Catherine Pugh and associates. On April 1, 2019, Pugh took a leave of absence because of illness on the same day the federal government announced an investigation into her finances. Now it has been revealed that…
Read MoreCardi B shares her thoughts on the IRS
Cardi B “hates” being told what to do with her money. The “Bodak Yellow” hitmaker insists she works hard for her cash and hates how people criticize her when she drops big money on something “extravagant.” She claims the Internal Revenue Service (IRS) takes nearly half of her money in taxes. Via a video posted on her social media page,…
Read MoreMel B’s ‘America’s Got Talent’ salary being garnished for this reason
Mel B’s “America’s Got Talent” salary is being garnished, as she’s unable to pay her outstanding tax debts. The Spice Girls star and her ex-husband Stephen Belafonte owe hundreds of thousands of dollars dating back to 2016, with the 43-year-old star owing between $350K – $650K to the IRS just for 2017, but she has claimed…
Read MoreWhitney Houston’s estate reaches deal with IRS
Whitney Houston’s estate has reached a $2M settlement with the Internal Revenue Service (IRS). The estate for the late musical icon, who passed away in February 2012 after drowning in her bathtub at a Beverly Hills hotel, was originally ordered to pay $11M to the federal agency after it was claimed they had underreported the…
Read MoreUpdate: Lawsuit and fear of feds led to Golden Krust CEO’s suicide
The tragic suicide of Golden Krust Caribbean Bakery and Grill CEO Lowell Hawthorne, 57, over the weekend has shocked fans of the popular franchise. On Saturday, Dec. 2, Hawthorne shot himself inside the factory located in Bronx, New York at about 5:30 p.m. His death came as a shock to workers inside the factory at…
Read MoreFeds place tax lien on Bishop Eddie Long and widow Vanessa Long
The U.S. Department of the Treasury claims that the estate belonging to the late Bishop Eddie L. Long and wife Vanessa Long has outstanding debts to the tune of hundreds of thousands of dollars, and the agency has placed a lien to recover the debt. Despite the fact that Long died of an aggressive form…
Read MoreTax refund: If you don’t know about EITC, you’re losing money
If you have a job and don’t know about the IRS’ Earned Income Tax Credit, then you are losing a significant amount of money. If you worked and earned less than $50K a year, the government may owe you money. At least 10 million people miss out on this free money each year. The Earned…
Read MoreMa$e in serious tax trouble with Georgia
It looks to be a case of NO money, mo’ problems for Ma$e. According to numerous reports, the Harlem born rapper who now makes his home in Atlanta was hit with a tax lien earlier this month after being accused by the State of Georgia of failing to pay over $12K in taxes. It looks to be a serious…
Read MoreT.I. owes over $4.5 million in unpaid taxes, IRS may seize property and assets
Uncle Sam is coming after T.I. after he failed to pay his taxes. The self-professed “Rubber Band Man” reportedly owes $4.5 million in unpaid taxes, and a lien has been issued on his property, including his multi-million dollar home and other high-priced items. T.I., aka Clifford Harris, and his wife Tameka “Tiny” Cottle Harris accumulated…
Read MorePhiladelphia Congressman Chaka Fattah indicted
Congressman Chaka Fattah, whose district includes large, mostly Black sections of Philadelphia, was indicted today on charges of political corruption. The indictment charges Fattah with bribery, the illegal use of campaign contributions and theft of charitable funds. Special Agent in Charge Akeia Conner of the Internal Revenue Service-Criminal Investigation Philadelphia Field Office stated in a…
Read MoreTax day: 5 last-minute income tax filing tips
It is the most dreaded time of the year for many Americans, April 15, tax day. Here are five last-minute tips to help on this day: 1) Before you mail your return off, check to make sure you have the correct postage on the envelope. According to the U.S. Postal Service “For First-Class letter-sized envelopes, one…
Read MoreCollege football players, who ran tax fraud ring, sentenced
It can be arguably said that racial profiling and stereotypes led to the downfall of six football players at the University of South Dakota. The players had concocted a complex scheme to defraud the IRS of $1.1 million in fraudulent tax refunds. Before the group was stopped, it had succeeded in netting thousands in refunds.…
Read MoreD’Angelo pays off massive debt
D’Angelo already has a lot to be thankful for now that he’s finally made a comeback with the release of his critically acclaimed album, Black Messiah. Now it seems that the creatively free singer is also freeing himself from his massive debt by paying some major bucks to the IRS. According to TheJasmineBrand.com, D’Angelo had accrued more…
Read MoreBusta Rhymes in deep debt with the IRS
Rappers just don’t seem to want to pay taxes. The latest rapper to fall victim to the IRS’ all-seeing eye is hip-hop stalwart Busta Rhymes. Rhymes, born Trevor Smith, needs to come up with $780,000 to get back into Uncle Sam’s good graces. This after Busta reportedly neglected to make tax payments of $611,000 in…
Read MoreMary J. Blige clears $900,000 tax debt
More money, more problems is what Mary J. Blige might have been experiencing since she had a few issues with the IRS and her $900,000 tax debt. She was hit with a tax lien last February in New Jersey to the tune of $901,769.65, but records now show the debt has been handled. As awesome…
Read MoreIs Wyclef Jean dead broke?
After millions and millions of records sold, both as a solo artist and as a member of The Fugees, it looks as if the well has ran completely dry for Wyclef Jean. According to reports, the Haitian born, New Jersey raised musician is up to his neck in debt and has no foreseeable way out.…
Read MoreLauryn Hill’s publicist addresses tax lien allegations
As we reported late last week, word on the street is that former Fugee’s star Lauryn Hill is facing some pretty heavy charges from Uncle Sam … again. According to RadarOnline, “Tax documents filed on January 14 and obtained by Radar, the IRS has served Hill with seven separate liens for a grand total of…
Read MoreLauryn Hill hit with another tax lien
Just when we all thought Lauryn Hill was in the clear, the hip hop superstar was hit with another massive tax lien by the IRS. After a 3-month stint in jail last year for owing Uncle Sam nearly $970,000, the IRS has circled back, claiming that the former Fugees star owes another $867,000! RadarOnline reports:…
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