News: Lil' Kim's Tax Records Emerge, Rapper Racked Up Nearly $1Mil In Debt
Saturday, Mar 14, 2009 11:34PM
Lil' Kim's $979,090 tax debt records have reportedly emerged, detailing each payment she currently owes including both state and federal taxes.
The Brooklyn, New York rapper's files stem from 2004 tax issues.
The state of New York filed a $12,599 tax warrant on April 26, 2008, in the New York County Clerk's office. The IRS filed a $50,464 lien on Sept. 5, 2007, in the Bergen (N.J.) County Clerk's office. The IRS filed a $67,509 lien on May 14, 2007, in Bergen County. The state of California filed a $4,089 lien on Sept. 16, 2005, in Sacramento County Court. The IRS filed a $232,348 lien on Aug. 16, 2005, in New Jersey. The state of New Jersey filed a $51,471 lien on Aug. 11, 2005, in New Jersey State Superior Court. The state of New Jersey filed a $77,939 lien on Dec. 9, 2004, in New Jersey Superior Court. The IRS filed a $482,671 lien on Feb. 19, 2004, in New Jersey. (Detroit News)
Despite being featured on reality television shows and releasing an album in 2005, Kim has still faced finanical troubles.
Last year, the repo man seized her Bentley after missing four payments. Kim did not dispute the tax debts. "Lil' Kim is paying her tax debt and will continue to do so," spokeswoman Lisa Perkins said. She did not explain, despite repeated requests, what led to the tax liens being filed. (TMZ)
Kim was sued last summer over advance money for books that never developed.
Foxy Brown and Lil' Kim were both paid advances by Simon & Schuster, Inc. for books expected to have already hit shelves. Foxy was allegedly given $75,000 in 2005 for an exclusive autobiography titled Broken Silence that was scheduled for completion by February 2006. Kim was handed $40,000 in 2003 for a novel due by June 2004. (SOHH)
The BK rapper is currently being featured on "Dancing With the Stars."
Grammy-winning rapper Lil' Kim, Professional Football Hall of Famer Lawrence Taylor, actress Denise Richards, country singer Jewel Kilcher, Apple co-founder Steve Wozniak and reality TV star Steve-O, are confirmed as signing up for the dancing competition. (All Headline News)