From country to rhythm and blues to rap: tax trouble has no favorite genre

Grammy winning country singer Dwight Yoakam might have new material for a sad, sad song now that the Internal Revenue Service has filed a lien against him for nearly half a million dollars. Yoakam, 53, has sold more than 25 million albums around the world. He also appeared in the movies, Wedding Crashers and Sling Blade.
The IRS lien, in the amount of $457,873, was filed with the Los Angeles County Recorder of Deeds on January 28, 2009.
More blues than rhythm for El DeBarge
Rhythm and blues star from days gone by El DeBarge is deeply in debt with the IRS – for more than $350,000, according to a lien filed last year. DeBarge, 48, and his siblings topped the charts in the 80s. The group from Grand Rapids, Michigan, was modeled after the Jackson 5. With his brightly colored clothing, a scant mustache, and a falsetto voice, he caught the attention of the public with songs like "Rhythm of the Night," and later, "Who’s Johnny?"  
But years of personal issues have him underwater with the taxman. The IRS lien was filed with the Los Angeles County Recorder of Deeds on May 6, 2009, in the amount of $354,438.
Delinquent tax the tip of the iceberg for this rap singer
Rapper Eve – whose real name is Eve Jihan Jeffers – has bigger problems than the delinquent taxes she owes. Two liens have been filed against the 31-year-old singer by the State of California for $85,656 relating to tax years 2008 and 2009. Two other liens have been filed by the IRS for $271,684. As daunting as that sounds, unpaid taxes might seem like small potatoes compared to Eve’s other legal troubles.
She was recently named in an investigation of a multi-million dollar money laundering scheme centering around her boyfriend, 38-year-old Teodorin Nguema Obiang Mangue, who is the son of the president of Equatorial Guinea.
The three-year probe is investigating allegations that he stole tens of millions of dollars from the people of his nation and used the money to finance his lavish lifestyle.
In a recent U.S. Senate hearing, Eve was mentioned as a person who – with two Arizona attorneys – used the U.S. banking system and a shell corporation called "Sweet Pink" to help Nguema launder the stolen money. According to some media reports, Nguema used the money to buy, among other things, a Malibu mansion, and a fleet of luxury cars, as well as establish a hip hop record label for Eve, known as TNO Entertainment.
Related articles:

You may like these other stories...

Legislation coming out of Washington just might reduce homeowners' burden for disaster insurance. It's a topic very much on everyone's minds since the mudslide in Oso, Washington. The loss of human life was...
Divorce is hard, and the IRS isn't going to make it any easier. The IRS generally says "no" to tax deductions that might ease the pain of divorce. In certain circumstances, however, you might be able to salvage...
IRS chief: New rule on the way for tax-exempt groupsIRS Commissioner John Koskinen told the USA Today on Monday that the agency will likely rewrite a proposed rule regulating the political activities of nonprofit groups to...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.