Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Tuesday, August 7, 2012

Mo' Money Mo' Problems: Plaxico Burress Owes Over $59K in Taxes

I swear I must pose this question atleast twice a week: What's up with celebrities not paying their taxes? Lauryn Hill, Young Buck, Wesley Snipes and now NFL player Plaxico Burress can add his name to the list of celebrities that don't know how to pay up.


The unemployed wide receiver just had a tax lien filed against him in the state of New York for the amount of over $59,000. According to legal documentation, Plaxico didn’t pay all his personal income tax for the year 2007 and now the Empire State is looking to collect on the $59,241 he supposedly owes.

Plaxico Burress is currently unemployed which is definitely not going to help him. Before all the money woes, Burress was the top wide receiver for the New York Giants and he had inked a six year, $25 million contract but he can kiss all that bye bye because his stint in jail on a weapons charge put that money train on park.

He better come up with something fast before the Feds pull a Young Buck on his ass and start auctioning his stuff.

Saturday, July 14, 2012

Locked Up!: Young Buck Sentenced to 3-Years


Yoo hooooo! Who remembers former Cash Money/UTP/G-Unit signee, Young Buck? Famous for beefing with artists and then working with them later on? (ie. the HIGHLY publicized G-Unit beef with former groupmate Game in which both camps took shots at one another and then Buck later appeared in a Game video). Well today, I'm not here to tell you Buck's taking shots at anyone but he will however be dropping a new address soon -- most likely cell block C.

Yesterday, Buck was sentenced to serve three years in prison on weapons charges. Back in August of 2010, the IRS did a raid on Buck's home in which they found a .40 caliber Glock 22 and ammunition. Although the raid was carried out on the grounds that followed reports that the rapper had an outstanding $300,000 tax debt, Buck is convicted felon and he is prohibited from having ANY kind of firearms.

Tsk, tsk, tsk, when will you folks with records learn?

Thursday, July 12, 2012

Locked Up: Rapper Beanie Sigel to do a bid



Who doesn't remember former Roc-a-Fella rapper and 'actor', Beanie Sigel? Back in the day, Bean man was part of the Dame Dash Music Group/Roc-a-Fella powerhouse with other artists such as Memphis Bleek, Freeway and Jay-Z. However, I am not blogging today to brief you on his resume although he does have a new road he's embarking on... And it's called jail.

Today, a federal judge sentenced Bean man to two years behind bars for failing to file tax returns for the years 2003 through 2005. What is up with celebrities not paying they damn taxes?! Also, IRS investigators found that Sigel did not file tax returns from 1999 through 2002, except for a $10,000 tax payment in 2001. Federal prosecutors said that Sigel earned more than $2.2 million in taxable income between 1999 and 2005 and owed Uncle Sam $728,536 for those six years. (However he was not charged with tax offenses for the years 1999 through 2002 because the statute of limitations had expired.)

As Lady Luck would have it, Beanie is scheduled to drop another album next month but now that may be on hold. I suggest he create a documentary a la Lil' Kim that way he can build himself a cushion so that ass won't end back up in the slammer. Just my opinion though; what do I know, I'm just a writer =)