News: Swizz Beatz's $2,600,000 Problem Exposed
Monday, Nov 12, 2012 9:15AM
Grammy-winning producer/rapper Swizz Beatz is in the hot seat entering the week with reports claiming he owes handfuls of money to the government.
According to reports, Swizzy has unpaid taxes dating back to 2010 and federal tax liens filed against him.
"You ain't getting none from me or my bank" ... Swizz Beatz rapped it and now he's living it -- this according to the State of New York who says the mega-hip hop producer is behind on his taxes. The Empire State recently filed the lien against Beatz -- real name Kasseem Dean -- for unpaid taxes in the year 2010 ... claiming he still owes a cool $98,246.18. But that's not all ... Beatz -- who is married to Alicia Keys and has produced for every major name in the biz, including Chris Brown, Dr. Dre, DMX, and Kanye West -- also has federal tax liens filed against him ... to the tune of $2.6 MILLION. We reached out to Swizz -- so far, radio silenzz. (TMZ)
Back in early 2011, Swizz also made headlines for owing over $2 million to the government.
A giant tax bill makes a pretty poor baby shower gift, but that's what the IRS and New York gave singer Alicia Keys' husband, record-producer Swizz Beatz, who owes more than $2.6 million in delinquent taxes, records show. The IRS filed a $283,562 lien against Swizz Beatz on Monday with the New York City Register. The state of New York filed a $134,738 tax warrant against him and his ex-wife, R&B singer Mashonda on Oct. 23. The warrant is filed with the New York County Clerk. The IRS filed a $652,727 lien against Swizz Beatz, real name Kasseem Dean, on June 3 with the Rockland County (N.Y.) Clerk. According to the lien, which you can see here, he owes income taxes from 2008. The state of New York filed a $162,300 tax warrant against Dean and his ex-wife Feb. 4, 2009, with the New York County Clerk. The IRS filed a $556,986 lien against Dean and his ex-wife on Aug. 18, 2008, in Rockland County. They owe 2007 income taxes, according to this public record. The IRS filed an $842,645 lien against Dean and his ex-wife March 4, 2008, with the Somerset County (N.J.) Clerk. According to this lien, they owe income taxes from 2006. (Detroit News)
Despite the perceived money woes, Beatz still managed to land on Forbes' annual Hip-Hop Cash Kings Top 20 list last September.
1. Dr. Dre - $110 million 2. Diddy - $45 million 3. Jay-Z - $38 million 4. Kanye West - $35 million 5. Lil Wayne - $27 million 6 Drake - $20.5 million 7. Birdman - $20 million 8. Nicki Minaj - $15.5 million 9. Eminem - $15 million 10. Ludacris - $12 million 11. Pitbull - $9.5 million 12. Rick Ross - $9 million (tie) 12. Wiz Khalifa - $9 million (tie) 14. Snoop Dogg - $8.5 million 15. 50 Cent - $7.5 million 16. Swizz Beatz - $7 million (tie) 16. Pharrell - $7 million (tie) 16. Young Jeezy - $7 million (tie) 19. Mac Miller - $6.5 million 20. Akon - $6 million 20. Timbaland - $6 million 20. Tech N9ne - $6 million (Forbes)
Recently, he talked about continuing his music grind and getting involved in rap crew the LOX's long-awaited group album.
"That's the goal through communications," Swizz said of producing the album. "I just vibed out with Styles P, Kiss and Sheek, and I just gave them 15 joints with choruses and ideas because we have to start somewhere. I thought it was a great idea to bring Khaled into it as well, just to give it something different, but still in the lines of that chemistry, because Khaled is definitely a fan of the Lox and I thought it would be a great collaboration." (MTV)
Check out a recent Swizz Beatz interview: