Celebs who Owe the IRS

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With the many high-profle cases of celebrities who are behind on their tax payments, it is no longer a surprising thing to fnd another celeb or two who owe money to the IRS. A few months ago, the IRS raided the home of hip-hop singer Young Buck and confscated thousands of dollars worth of assets with the intention of auctioning them to recoup what is owed by the singer. The auction was cancelled at the eleventh hour when Young Buck managed to get a court to intervene.

Young Buck describes this year as one in which he was ‘having my ups and downs’. This description is most apt as the artiste had released his album Back on my Buck Shit Vol 2 that won the acclaim of both critics and fans and had to endure the IRS raid on his home both this year.

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Published In: Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

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