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Taxes can be tough to manage for entertainers. The seriousness of the issue has increased since several prominent artists are facing prison time for not paying their bills. Fat Joe and Lauryn Hill just happen to be the latest to be hit and others are surely on the horizon.
Jermaine Dupri from So-So Def records is fighting against Uncle Sam himself. The poor guy already paid $3 million to deal with a tax lien that he had from taxes owed in the early 2000s. But now, TMZ is reporting that the drama isn’t over for Dupri.
The mogul just received a tax bill of $800,000 from the IRS, due to taxes owed between 2008 and 2011. This is a mighty large bill for anyone, even a wealthy hip-hop artist. Here’s the breakdown of his tax debt, which we’re sure has him fuming:
2010: $140, 889.76
That’s a total of $798,692.
Here’s a fact that you may not have known. JD got his start in the music industry by being a backup dancer for the group, “Whodini.” He was also in the video “The Freaks Come Out at Night.” He did all this by the age of 12, so you could say that he was ordained to be successful. Oh yeah, having a powerful father in the music industry didn’t h**t either. There’s always a catch.