News: DMX's Tax Problems Exposed, Rapper Owes $1.5 Million
Tuesday, Nov 10, 2009 12:45PM
Rapper Earl "DMX" Simmons has had his tax problems exposed as new reports show the former Def Jam artist owing roughly $1.5 million to the IRS and New York state.
The rapper's tax details show him owing various payments to the government.
The IRS filed a $442,869 lien against DMX and his wife on Jan. 2 in the New York City Register's office. The IRS filed a $663,554 lien against DMX on Sept. 10, 2007, in the Maricopa County (Ariz.) Recorder's office. According to the lien, he owes income taxes from 2002, 2003 and 2005. The state of New York filed an $8,343 tax warrant against the couple on Feb. 15, 2007, in the New York County Clerk's office. The New York State Tax Commission filed a $44,357 tax warrant against the couple on March 6, 2006, in New York. The IRS filed a $370,460 lien against the couple on Sept. 20, 2005, in New York. (Detroit News)
He recently was replaced by rap veteran Coolio to take part in his pre-planned Alabama Pride mixed martial arts fight next month.
Thunder Productions tells TMZ they have signed Coolio to the upcoming celebrity boxing match scheduled to take place in Alabama next month. They tell us Coolio has been much easier to deal with and "he is going to take this seriously." X had previously agreed to the bout, but only on the condition he was guaranteed to win. (TMZ)
X previously spoke on his anticipation to fight at the event during a radio interview last month.
"We got a phone call asking if I wanted to participate in it," X said about how the opportunity presented itself. "I'm just gonna walk in as it is man, you know what I mean? It wouldn't be fair if I trained. I think it's three two-minute rounds...[My opponent] is shorter than me and I think he weighs a little more than me. I'm 175, six feet. I got a little build on me, you know what I'm saying? I've seen him, yeah I've seen him. He's a nice guy -- when I agreed to it, I didn't know it was gonna be him...I'm going to pick one of my own songs [to walk out with.] 'What's My Name.' I'm in the studio everyday banging joints out -- I got the pens and the paper. [New album] hopefully first quarter." (106.7 The Fan)
Former Def Jam labelmate Method Man was recently arrested on tax evasion charges in early October.
Grammy Award-winning hip-hop star Method Man turned himself in to authorities this morning after failing to pay nearly $33,000 in back personal taxes, officials said. The Wu Tang member -- whose real name is Clifford Smith -- walked into the Staten Island DA's office at about 8 a.m. to face felony charges in connection with neglecting to pay $32,799 dating back to 2004. (New York Post)
No further details have been released as of now.
Check out a recent DMX interview below:
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