Rapper and Boxer in Trouble with IRS

more+
less-

Rapper Lil Wayne and boxer Floyd Mayweather Jr. are both in hot soup with the IRS. Rapper Lil Wayne, whose real name is Dwayne M. Carter, is said to owe the IRS over $5.6 million in taxes for the years 2008 and 2009. On the other hand, boxing great Mayweather Jr. owes the IRS $3.4 million from 2009, the year he came out of retirement to fght Juan Manuel Márquez, a match with reportedly earned Mayweather Jr. a cool $25 million.

This is not the frst time Lil Wayne has gotten into the bad books of the IRS. Last year, the IRS fled a $1.1 million lien against him for taxes owed in 2004, 2005 and 2006. This time, the IRS is after much larger amounts. According to them, the rapper owes taxes amounting to $3,351,078 for 2008, and $2,258,956 for 2009. The IRS fled a tax lien dated March 2 and listed Lil Wayne’s main home in Miami Beach, Florida as the main address.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

Tax

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

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

CONNECT

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

Darrin T. Mish is a Nationally recognized Tax Attorney whose practice focuses on representing... View Profile »


Follow The Law Offices of Darrin Mish, P.A.:

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×