According to reports, the IRS created a special tax unit back in 2007 to investigate athletes and entertainers, and it's cracking down on hip-hop. Wayne is reportedly on the hook for more than $1.13 Million in back taxes from 2004, 2005 and 2007, and in June, the IRS filed a lien against Weezy's charity, One Family Foundation, in Dade County, Florida.
"A few years ago, they concluded that athlete and entertainer taxes might be escaping their radar. So they reinstated a division to only deal with this area," a rep from the global touring and accounting company RZO Productions said. The task force has already allegedly busted Suge Knight, Nas, DMX, Snoop Dogg, Swizz Beatz and Method Man, and its latest target is Lil Wayne. In addition to catching tax fraud and delinquency, the IRS task force is said to be investigating several rappers who have used their charities for capital gain.
This is not the first time the Young Money leader, who is currently incarcerated on a weapons charge, has been in tax trouble. A previous lien was filed against him back in 2008 for almost $1 million back taxes.
Madonna Super Bowl Halftime Show: Romans, Cheerleaders and MIA's Middle Finger
Katy Perry Divorce: With No Prenup How Much Will Russell Walk Away With?
Randy Travis Apologizes for Public Intoxication
M.I.A., Fiance Benjamin Bronfman Split, Singer Rarely Sees Son -- Report
Josh Powell's Last Words: 'I Am Not Able To Go On Anymore': Report
Alori Joh Dead: Singer and Kendrick Lamar Affiliate Dies at 25
The Best Colleges For The Socially Awkward Student
Puddle of Mudd Singer Arrested in January for Drug Possession
Powell 911 Call Released: Cops Declare Investigation Of Missing Mom A Murder Case
Cee Lo's Super Bowl Strip Club Outing: Singer Reportedly Drops $10K
American Heart Month: 17 Celebrities Who Faced Heart Problems
Thudda Boy Dead: Rapper Brondon McDaniel Dies From Gunshot Wound
PHOTOS: Anti-Gay Protesters Getting Pwned
Chi Cheng Improving: Deftones Bassist Raises Leg After Three Years in Coma
PHOTO: Miley Cyrus Wears Racy Garters
Laura Linney's Colorful Frocks
Is Social Media Causing The Mystery Illness?
PHOTOS: Massive Whale Shark Reeled Into Harbor
The Best And Worst Burgers
Powell Boys Suffered 'Chop Injuries' Before Explosion
Prop 8, California's Same-Sex Marriage Ban, Declared Unconstitutional
WATCH: Gisele Curses Drops By Patriots Receivers
Freakish Fossil Upends Ideas About Origins Of Animal Life
Missing Alaska Barista Had Filed Restraining Order Against Man
Obama's Favorite Day As President?
The Worst Super Bowl Commercials Of 2012
The 10 Biggest Sources Of Salt In Our Diets
Melissa Rivers' Boyfriend Brings Up Her Dad's Suicide In Argument On 'Joan & Melissa'
Santorum Sweeps Colorado, Missouri, Minnesota, Embarrassing Romney
Good Things Come In Small Packages: Top Selling American Craft Breweries (PHOTOS)
Post 50 Celebrity Dream Homes on the Market (PHOTOS)
1 Can Of Paint, 25 Different Ways
1 Comment