Wednesday, January 12, 2011

Swizz Beatz Tax Trouble


Uncle Sam is after Swizz Beatz for $2 million.

From The Detroit News
Swizz Beatz may have had a lucrative 2010 with his music and budding art career, but the IRS wants him to cough up the bread.

The Bronx native owes more than $2.6 million in delinquent taxes, according to a lien that the IRS filed last week in an attempt to cash in on a number of unpaid taxes. The most recent filing against Swizz, whose real name is Kasseem Dean, was made last Monday with the New York City Register, claiming that he owes $283,562 in unpaid taxes. Of the six outstanding amounts that Swizz owes, he is yet to make good on the $842,645 lien against both him and his ex-wife Mashonda for taxes in 2006.

Additionally, Swizzy owes $556,986 from a lien filed in August 2008 in Rockland County; $162,300 from February 2009 with the New York County Clerk; $652,727 from June 2010 in Rockland County; and $134,738 in October 2010 with the New York County Clerk.

Swizz's tax woes have been publicized since last year. In June 2010, it was revealed that Swizz initially owed $2.2 million to the government in unpaid taxes. "We have been discussing the issue with the government for years and are currently negotiating an amicable resolution of the dispute," said Swizz's attorney at the time.