taxes
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The Church of Jesus Christ of Latter-Day Saints, otherwise known as the Mormon Church, has been accused of stockpiling billions of dollars worth of donations. As the Washington Post reports, a former investment manager filed a complaint to the Internal Revenue Service for over $100 billion that the church said was to be used for charitable purposes. […]
Bill Gates isn’t thrilled about the prospect of an Elizabeth Warren presidency. While speaking at the New York Times Dealbook Conference on Wednesday, the Microsoft co-founder expressed concerns over the Massachusetts senator’s signature wealth tax. Gates told reporter Andrew Ross Sorkin he was open to raising taxes and was willing to pay tens of billions of dollars; but he has his limits. […]
Young Thug‘s tax debt keeps getting bigger. According to court documents obtained by The Blast, the ATL rapper owes the State of Georgia nearly $176,000 in taxes. The sum includes the previously reported debt of $145,794.03, which originated from a $85,254 tax bill that has continued to grow due to non-payment. And it appears Thug has yet to learn […]
It appears Mary J. Blige is facing more financial drama. According to documents obtained by Bossip, the 48-year-old singer has been accused of failing to pay taxes on income generated in 2016 and 2017. The IRS reportedly filed a tax lien against Blige back in July, claiming she owed the federal government $1,198,161 in back taxes. Bossip reports […]
A new report on Donald Trump‘s finances from the New York Times proves what anyone who has been paying attention already knows: the president was not the shrewd businessman he paints himself as. After sourcing and corroborating tax returns from 1984-1994, the Times reports that Trump lost $1.17 billion dollars among his core businesses in […]
The world can be a chaotic and confusing place, so it’s kind of nice that 50 Cent will always be clowning Ja Rule as long as he is drawing breath. Seasons will come and go, nations will rise and fall, and Curtis will be dunking on Jeffrey the whole time. 50’s latest bit of ammunition […]
Louisiana is in damage control mode after accidentally doubling up the tax refund for nearly 66,000 taxpayers. The error, which Division of Administration spokesperson Jacques Berry is attributing to a file that ran “abnormally,” is costing the state almost $26 million. While the problem has already been fixed, Berry says the state is now in the process […]
DMX has been freed, according to TMZ. The Flesh of My Flesh, Blood of My Blood rapper began his sentence in January 2018 after “failing to comply with conditions of his bail” in connection with a tax evasion guilty plea. “I’m saddened and disappointed,” his attorney Murray Richman told TMZ at the time. “We’ll have to […]
Jersey Shore‘s Mike “The Situation” Sorrentino pleaded guilty to a tax fraud case in January 2018, and now he’s revealed that he’s ready to ready to serve his sentence. As TMZ reports, Sorrentino’s attorney Kristen Santillo confirmed that he’s turning himself in on Tuesday to start his eight-month sentence at the Federal Correctional Insituation in Otisville, New York. […]
You have heard the old adage which states that there are only two things certain in life: death and taxes. Apparently, the latter can still haunt you in the afterlife. TMZ has learned that the IRS has claimed that Aretha Franklin owes them nearly $8 million in back taxes, stemming from 2012 to 2018, in […]
