News: Lil Wayne Empties His Cash, Money On Tax Man
Monday, Dec 17, 2012 12:05PM
Grammy-winning rapper Lil Wayne reportedly wrote a check totalling nearly $8 million for tax debts he owed stemming back to the early 2000's.
According to reports, Weezy F. Baby had to pay up $7.72 million to clear his name from a handful of legal issues.
The taxman has released liens it had on rapper Lil Wayne's Miami Beach house after the diminutive singer paid off back taxes for a total $7.72 million, Gossip Extra has learned. Katching! The IRS, and we the people, thank you! According to court filings, the tatted out chart-topping singer of Got Money and Lolli Pop became the target of not just one, but THREE liens for unpaid income levy. Weezy, 30, owed $3,351,077.95 for 2008 and $2,258,956 and 4 cents for 2009, according to Miami-Dade County records. The other liens listed money owed since 2002! (Gossip Extra)
Wayne reportedly felt the wrath of taxes once he purchased a luxury Miami home last September.
The IRS wisely waited for Lil Wayne to buy a place on La Gorce Island before coming down on him like a rapper's posse. Until Wayne plunked down $11.6 million for a 15,000-square-foot crib on La Gorce Circle last September, he was renting a place -- and didn't have the type of assets that the IRS loves to lien. But the moment Wayne become a proud Miami Beach homeowner, the liens rained down on him! (Gossip Extra)
Last fall, the rap star paid just over $5.5 million to settle a 2008-2009 tax bill.
The rapper is in the clear after taking care of a tax bill from 2008 and 2009 for $5.6 million. Officials at the Internal Revenue Service (IRS) served Wayne with a demand for income taxes relating from 2008 and 2009 in March. But according to an IRS document, the lien has now been released after the "Lollipop" hitmaker paid off his debt. (KSN News)
Prior to these recent payoffs, he also dished out money for a tax bill around late November 2010.
Weezy can breathe a bit easier. Hip hop star Lil Wayne (real name Dwayne Carter), who is pulling for the Green Bay Packers in tonight's Super Bowl, recently paid off a $1.13 million IRS tax lien. "I certify that the following-named taxpayer, under the requirements of section 6325 (a) of the Internal Revenue Code has satisfied the taxes listed below and all statutory additions. Therefore, the lien provided by Code section 6321 for these taxes and additions has been released." (Detroit News)
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