Hip-hop artist M.C. Hammer is infamous for his financial fall from grace in the '90s, and his troubles followed him into a new decade. In 2009, he owed more than $671,000 in state and federal taxes.
Even celebrities, with millions of dollars at their disposal, have tax issues. Here, in light of Wesley Snipes heading to prison for a three-year sentence, we take a look at stars who have reportedly faced the wrath of the IRS, starting with legendary crooner Ronald Isley of the Isley Brothers. In 2006, the crooner was convicted of five counts of tax evasion and served three years in prison, having been released in April. Isley was also ordered to pay $3.1 million in back taxes.–By Janell Hazelwood
Hip-hop artist M.C. Hammer is infamous for his financial fall from grace in the ’90s, and his troubles followed him into a new decade. In 2009, he owed more than $671,000 in state and federal taxes.
Hip-hop artist Beanie Sigel was prosecuted on tax evasion charges in October after allegedly not filing taxes on $1.5 million in income. He faces up to three years in prison.
Singer Faith Evans reportedly owed more than $300,000 in delinquent state and federal taxes. She allegedly owed funds in three states: New York, New Jersey and California.
Last year, comedian Sinbad reportedly owed the state of California $2.5 million in taxes and put up his home to take care of the debt.
According to reports, legendary singer Dionne Warwick owed the state of California $2.2 million in unpaid taxes in 2009.
After a messy, highly publicizedâ€”and expensive–divorce battle with ex-wife singer Kelis, rapper Nasâ€™ money woes havenâ€™t ended. He reportedly owes more than $3 million to the government in back taxes.
Yet another state of California case, actor Chris Tucker reportedly owed $11 million in back taxes from 2009.
Toni Braxton, who has seen her fair share of financial woes after several bankruptcy filings and a home under foreclosure, reportedly owed more than $390,000 in federal back taxes in April.
Hip-hop artist Young Buckâ€™s home was reportedly raided by the IRS in August in an attempt to settle a $300,000 tax debt. Items including his furniture, recording equipment, platinum wall plaques, jewelry and PlayStation were all seized.