a Sift Media publication
Over 23,000 pages of accounting passion and insight!   |   Sift Media logo

Rapper Lil' Kim Owes IRS Big Bucks

Stars_bars,Celebrity

By AccountingWEB Staff

 
A rap artist who has been working to turn her life around allegedly owes more than $1 million in state and federal taxes reaching back to 2002.
 
Celebrity news website TMZ reported that her 2009 debt of $86,347 was recently added to the total she owes, bringing it to $1,026,862, according to documents filed with the Los Angeles Registrar-Recorder/County Clerk Office. Liens also have been filed by California, New York, and New Jersey, and last year Lil' Kim's Bentley was repossessed, according to the Community Tax Relief blog.
 
Lil' Kim's real name is Kimberly Denise Jones. In 2005, she spent a year in federal prison in Philadelphia on perjury charges related to a shooting outside a Manhattan studio. After her release, she spent three years on probation, from 2006 to 2009. Lil' Kim returned to the public spotlight in 2009 when she competed on ABC's Dancing with the Stars. 
 
A Lil' Kim representative e-mailed TMZ with the statement that she has "hired professional attorneys to handle this matter" and that "she, along with her team of legal experts, are working cooperatively and diligently with the IRS and federal authorities to amicably resolve the situation."
 
Related articles:
 


Welcome Visitor!
Sign up for the Watchdog newsletter to stay informed of future content in this category.
Email:
Already have an account? Sign in:
Forgotten your password?
Join us FB Connect with us LI Follow us
Voice of the Editor
Hang on to your hats, loyal readers. When you return from your Memorial Day holiday weekend, you will find a NEW AccountingWEB waiting for you. We've been planning and creating a new site for you for months, and the fruits of our labors are about to be revealed. Not only do we have a new design, we have a new mission.
Read more >>

Gail Perry, CPA
Editor-in-Chief, AccountingWEB
editor@accountingweb.com