News: Nas' $$$ Woes Intensify, "Next Time You Buy A Nas Album, You're Just Handing Your Money Over To The Government"
Sunday, Mar 25, 2012 9:48PM
Rap veteran Nas' money woes continue to receive widespread attention with reports claiming the government's now looking to take matters into its own hands over a $6 million debt.
According to reports, the government is aiming to snag bucks courtesy of Nas' publishing.
The next time you buy a Nas album, you're really just handing your money over to the government -- because the rapper's delinquent tax filings have caused Uncle Sam to begin garnishing his wages ... TMZ has learned. As TMZ first reported, Nas is in tax debt up to his eyeballs ... if you his eyeballs were $6,000,000 tall. So the government has finally tired of waiting for Nas to pay up, so they filed documents in the state of Georgia to have his wages garnished -- via the music publishing organizations BMI and ASCAP -- until the debt is paid off. So if you like Nas, but hate the government ... perhaps you'll want to find an alternative way to listen to his music. (TMZ)
A month ago, reports emerged online showing the rapper's tax woes.
Nas is great at a lot of things ... rapping, feuding ... but paying taxes isn't one of them ... and now he's on the hook for another $339,000 he allegedly kept from Uncle Sam. According to official documents obtained by TMZ, Nas never forked over $339,005.49 in federal income tax he owed for 2010 ... and now the U.S. government has obtained a lien on his property. Being a tax scofflaw is nothing new for Nas ... according to public records, dude is also on the hook for more than $6 MILLION DOLLARS in back taxes from previous years. We called Nas for comment -- so far, no response. (TMZ)
Last year, the rap mogul's financial woes hit the Internet.
Nas is the latest rapper to make headlines for tax troubles. God's Son reportedly owes the government over $6 million for a property he owns in Eagles Landing, Ga. This isn't the first time Nasir has has problems with the IRS; for the last three years he filed liens. In addition, the Queens, NY MC reportedly owes money for his condo in his hometown. Managers of the building claim he failed to pay his $420 a month assessment fee since January of last year, and have also filed a lien. (XXL Mag)
Aside from his financial troubles, Nas previously had a court victory in child support to ex-wife/singer Kelis.
The Queens rapper's spousal and child support payments to ex-wife Kelis have been reduced by half. The MC is required to pay the "Milkshake" songstress $20,000 in spousal support and just over $5,000 in child support every month. The MC reportedly convinced the judge that the soft economy has hurt his ability to pull in cash. (MTV)
Check out a recent Nas interview below:
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